Our closing process for cash purchases is very straightforward.
-
Initiating the Sales Contract:
-
To begin, please provide the names of all parties who will be listed on the deed.
-
Include the email and mailing addresses of these individuals for correspondence.
-
Provide a phone number for communications with the title company.
-
-
Contract Signing:
-
You will sign the contract first. Once you have signed, we will also sign to finalize the agreement.
-
-
Submission to the Title Company:
-
After both parties have signed, the contract is forwarded to the title company to commence the closing process.
-
-
Title and Closing Process:
-
The title company will initiate the title search, title insurance and handle all related closing documentation.
-
An earnest deposit of 10% or $1,000, whichever is greater, must be wired to the title company within three business days of signing the contract.
-
The balance of the purchase price, including any closing costs and pro-rated taxes, will be due at the time of closing.
-
Closing Costs:
-
These are standardized fees charged by the title company for the legal paperwork necessary to transfer property ownership.
-
-
The entire process typically takes between 2-4 weeks. We work with a national title company to ensure a swift and smooth closing. Thanks to our ongoing relationship with them, we are able to keep closing costs low. Additionally, our dedicated title coordinator will guide you through each step of the process, ensuring it's efficient and straightforward.
At Choice Land, we provide exceptional deals on vacant land. Let's discuss your land needs and help you find the ideal property.
Feel free to contact us at info@choiceland.com, or for a quicker response, call or text us at 724-888-5250. We look forward to helping you find exactly what you need!
Visit our website at www.choiceland.com to learn more.
