6-HOUR AVERAGE TITLE COMMITMENT DELIVERY • FIRST AMERICAN • WESTCOR
6-HOUR AVERAGE TITLE COMMITMENT DELIVERY • FIRST AMERICAN • WESTCOR
Title and Closing Services for Purchase Transactions
A real estate purchase brings together buyers, sellers, lenders, agents, funds, documents, payoffs, and recording requirements. Title X coordinates the title and settlement work needed to keep those pieces aligned through closing.
Before ownership transfers, the transaction team needs to confirm who owns the property, identify liens and other recorded interests, understand title requirements, and address matters that could affect the transfer or lender’s interest. Strong title coordination helps keep buyers, sellers, lenders, agents, and attorneys working from the same set of requirements.
Title X combines focused title review, proactive communication, coordinated settlement, and multi-state capabilities. We identify requirements early, keep the right parties informed, and help prevent avoidable title issues from disrupting the closing.
Title search and examination, title commitments, curative coordination, lender’s and owner’s title insurance, payoff coordination, escrow and settlement, disbursement, recording, and post-closing title work.
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We open the order, examine title, identify requirements, coordinate payoffs and curative items, complete settlement, and record the applicable documents.
Mortgage lenders, mortgage brokers, loan officers, real estate agents, buyers, sellers, attorneys, and investors.
It reviews ownership and recorded matters such as mortgages, liens, judgments, easements, and restrictions that may affect the property.
Lender’s coverage protects the lender’s insured interest. Owner’s coverage protects the buyer’s insured ownership interest, subject to the policy terms and exceptions.
It may need to be paid, released, otherwise addressed, or shown as an exception depending on the transaction.
Where applicable, payoff information is coordinated through the settlement process so the existing lien can be addressed as part of closing.
Timing depends on state and transaction requirements, including execution, funding, and recording.
Applicable documents are recorded, funds are disbursed, post-closing items are completed, and final title policies are issued.