Contract to Close Road Map
A step-by-step overview of the title and closing process from executed purchase agreement to recorded deed.
- 1
Purchase Agreement Received
The fully executed purchase agreement is sent to the title company and lender.
- 2
Title Work Begins
Tax information is ordered and our team begins working on the file.
- 3
Title Search
An abstractor begins the title search, which includes the history of the owners of the property, liens on title, and easements on the property.
- 4
Title Commitment Issued
An examiner reviews the title search and issues a title commitment.
- 5
Processing & Clearing Title
The processor orders payoffs and the survey and clears any title issues.
- 6
Clear to Close
The escrow officer receives closing instructions and the clear to close from the buyer's lender.
- 7
Signing Scheduled
The title company schedules the buyers and sellers to sign their final documents and coordinates the signing with a notary.
- 8
Documents Signed
Buyers and sellers sign all required documents from the lender and title company.
- 9
Lender Review
The title company sends the documents to the lender for final approval.
- 10
Disbursement & Recording
Title receives the okay to disburse funds to all parties and sends the necessary documents to the county for recording.