Residential Closing Services
Simplifying Real Estate Transactions
Experience a seamless, stress-free closing process tailored to your unique needs with Bluegrass Land Title.
At Bluegrass Land Title, we understand that closing on a home is a significant milestone in your life. It's a journey filled with excitement, anticipation, and sometimes, a bit of apprehension. That's why we strive to make the residential closing process as smooth and stress-free as possible.
We believe in a customer-centric approach, treating each client with the utmost care and respect. Our dedicated team of industry professionals is committed to delivering prompt and efficient services, without ever compromising on quality or accuracy. We also understand that each client has unique needs, and we tailor our services to meet those specific requirements.
Although we may close many transactions in one day, we understand that every closing is unique. We work hard to customize each closing with special touches, such as a picture of their home on the screen and group pictures after the closing is complete.
What is a Residential Closing?
A residential closing is the final step in the home buying or selling process. It's the moment when the ownership of the property is transferred from the seller to the buyer. This process includes the signing of documents, payment of fees and costs, and ultimately, the handing over of the keys.
We manage all aspects of the residential closing process. Our goal is to ensure that everything goes smoothly, from the initial contract to the final signature. We handle all the necessary paperwork, coordinate with all parties involved, and ensure that all legal requirements are met.
Whether you're a first-time homebuyer or a seasoned real estate investor, you can rely on us to provide a seamless, stress-free closing experience.
Residential Closing Services
Purchases
At Bluegrass Land Title, we close all kinds of residential real estate transactions, including home, land, farm, new construction, FSBO, investment, short sales, and luxury real estate. We tailor the closing experience for each client, ensuring transparent communication throughout the entire process. Our flexible services include remote closings (RON), travel closings, split closings, and mail-away closings, catering to your specific needs and circumstances.
Title Insurance
Protect your investment with our comprehensive title insurance services. We provide owners title insurance for all residential real estate transactions, offering both standard and enhanced policies. Our services include a thorough title search and exam, ensuring that there are no hidden risks to your title. You can trust our reliable underwriters to back your policy, giving you peace of mind in your investment.
Document Preparation
We ensure accurate, legal documentation needed to close your transaction. Our document preparation services include deeds, Power of Attorney documents for the transaction, Quit Claim Deeds, General Warranty Deed, Special Warranty Deed, escrow agreements, and Private Lender Notes and Mortgages. Trust us to handle the essential paperwork so you can focus on the joy of your new home.
Refinance
Refinancing your home loan can be a smart financial move. Whether you want to lower your monthly payments, shorten your loan term, or tap into your home equity, we make the refinance process straightforward and easy. If you have any questions about refinancing, don't hesitate to reach out to us.
Earnest Money Deposit
We offer several options for depositing your earnest money. You can drop off a check, use DepositLink transfer, or use the Bankshot App. We aim to make the process as convenient as possible for you. For more information, please follow the link to deposit earnest money.
Settlement Fees
The settlement fee, which is included as part of your closing costs, covers our comprehensive title and closing services from start to finish. The settlement fee includes:
- Title search, either 30 or 60 years depending on the property
- Clearing liens or encumbrances discovered during the title search
- Reviewing and preparing any legal documents that are necessary for the transaction, such as powers of attorney or corporate resolutions
- Closing fee
- Disbursement of all funds after closing, including mortgage payoffs and processing of seller proceeds
- Post-closing recordings
To obtain an estimate of settlement fees for your transaction, use our Quick Quote tool.
Remote or travel closings are an additional fee. Learn more about our flexible closing options here.
Common Residential Closing Questions
We're here to answer these questions and any others you may have. Our team of experts is always ready to provide you with the information you need to feel confident and informed throughout your closing process. If you have a question that isn't answered below, don't hesitate to contact us.
How long does the closing process take?
The closing process can vary, but at Bluegrass Land Title, we strive for efficiency. Our closings typically average 40-45 minutes, which is significantly less than the industry norm. Our dedicated team works diligently to ensure all paperwork and legal requirements are met promptly.
What documents will I need to bring to closing?
Typically, you'll need to bring a government-issued photo ID. If you're required to bring funds to the closing, they must be in the form of a cashier's check or wire transfer. We will provide a detailed list of what you need to bring prior to your closing date.
What is title insurance and why do I need it?
Title insurance protects your property rights. It's a one-time purchase at closing that provides coverage for as long as you or your heirs own the property. It protects you from hidden hazards and human error that might not have been discovered during the title search process.
What is a deed?
A deed is a legal document that transfers ownership of the property from the seller to the buyer. It includes the names of the old and new owners and a legal description of the property.
What is a note?
A note is a legal document signed by homebuyers during the closing process. It contains the terms of the agreement, such as the amount borrowed, the interest rate, the lender's name, and the borrower's obligations.
What is refinancing and how does it work?
Refinancing involves replacing your current mortgage with a new one, typically with better terms. It can help lower your monthly payments, shorten your loan term, or allow you to tap into your home equity. At Bluegrass Land Title, we make the refinance process straightforward and easy.
What is an earnest money deposit?
An earnest money deposit is a deposit made by the buyer towards the down payment as a sign of good faith when entering a contract. It's typically held in an escrow account until closing. At Bluegrass Land Title, we offer several options for depositing your earnest money.
Can I close remotely or do I need to be present?
We offer flexible closing options to suit your needs, including remote closings (RON), mail-away closings with coordinated notaries, and in-person closings at our offices or at your location.
What happens if there are issues with the title?
If issues arise during the title search, we will work diligently to resolve them before closing. This could involve clearing liens or resolving boundary disputes. Our goal is to ensure a clean title transfer and protect your property rights.
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