Learn more about Redstone Title Services, LLC and why you should use them for your next home closing.

The next time you close on a real estate transaction, whether a refinance or the purchase of a new property, you will need a closing agent. No, it’s not another add-on service. It’s an essential one. Still, you might ask, “What does a closing agent do? Why do I need one and why should I choose Redstone Title Services, LLC?”  

Why You Should Choose Redstone Title Services, LLC for Your Next Closing

July 27, 2017

What you need to know about Redstone Title Services.

The next time you close on a real estate transaction, whether a refinance or the purchase of a new property, you will need a closing agent. No, it’s not another add-on service. It’s an essential one. Still, you might ask, “What does a closing agent do? Why do I need one and why should I choose Redstone Title Services, LLC?”

Todd Howard, President of Redstone Title Services, is glad you asked.

A closing agent coordinates all parties involved in the real estate transaction to make certain that it goes smoothly and efficiently. We complete a thorough search of the public records to determine the insurability of title. Then, we issue a title commitment, which is a promise to insure the real estate title if certain requirements are met.

Occasionally there may be items that are exceptions to title, but do not make the title uninsurable. A driveway across the subject property for access to a neighboring property, subdivision restrictions, or homeowner’s association rules are examples of such exceptions.    

You need a closing agent to act as a fiduciary escrow agent. All parties involved in the transaction—lender, purchaser and seller—deliver all monies involved to this agent. Upon closing, the agent releases and disburses the money, and the agent insures the status of the title to the new owners and to their lenders.

Redstone Title Services, LLC, a subsidiary of Redstone Federal Credit Union, provides peace of mind and reliability in your real estate transactions. Redstone Title Services is certified by a third-party CPA firm. If you close with an attorney’s office instead of a title company, the attorney is most likely representing the lender, not the buyer or seller.

Redstone Title Services currently offers closing services for commercial transactions, refinances, home and investment property and raw land purchases. We also offer extra savings with Redstone Discounts. We hope you choose Redstone Title Services the next time you're in the market to buy or sell your home.

This article was adapted from our Aspire! member newsletter. See all the articles here.

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Equal Housing LenderThis credit union is federally insured by the National Credit Union Administration.

Redstone is an Equal Credit Opportunity Lender.

This content is provided for informational and educational purposes only and considered accurate as of the date posted. Views and opinions expressed in comments do not constitute an official endorsement by Redstone Federal Credit Union® or its affiliates. Redstone encourages you to seek professional advice for your personal situation before making any financial decision and is happy to assist you at any of our branch locations.

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