Love is in the air this month and there’s no better time to celebrate the joyous occasion of closing escrow! This Valentine’s Day, we invite you to join us in a heartwarming journey through the closing process, exploring the love and dedication that make this final step a sweet victory for homeowners.
Closing on a property is a significant milestone in any homeowner’s love story—It’s the last step in your real estate journey before a home becomes your own. Once you’ve fallen in love with your dream home, we are here to help you get the keys!
When you opened escrow with a trusted escrow-pro, you’ll receive a preliminary report for your property’s title. A preliminary report outlines the conditions for issuing a specific type of title insurance policy. It lists any title issues, liens, or encumbrances that would not be covered if the insurance policy is issued. Each person in a real estate transaction can review and discuss this report, providing a chance to address any concerns you may have before finalizing the purchase.
Next, you are going to want to protect the property you’ve fallen in love with through title insurance. Title insurance will serve as your safety net if your ownership of your property is threatened through any liens, encumbrances, etc. Then your escrow officer will process the escrow according to the closing instructions. Your escrow officer is responsible for going through all your documents, funds, and files to determine all the proper conditions have been met to complete your transaction. At the end of the day, closing escrow is a celebration of homeownership – a grand finale that deserves recognition for all the hard work involved!
So, through this season of love, we celebrate the love stories woven into every escrow we help close. For us, closing escrow is more than a transaction; it’s the sealing of a commitment to home and heart for our clients. Contact us today for a lovely and efficient closing of escrow. Happy Valentine’s Day from your title and escrow experts at Placer Title!