Infographic:
Transcript:
Key Players in a Real Estate Closing
1. Buyers & Sellers
- Negotiate terms and price
- Make final decisions
2. Real Estate Agents
- Market properties
- Find buyers
- Facilitate negotiations
3. Lender
- Provides financing
- Evaluates creditworthiness
4. Title Company*
- Ensures clean title
- Searches title history
- Issues title insurance
- Handles closing paperwork
5. Real Estate Attorneys
- Review contracts
- Ensure legal compliance
- Protect client interests
6. Home Inspector
- Assesses property condition
- Identifies potential issues
7. Appraiser
- Determines fair market value
8. Escrow Officer*
- Holds funds and documents
- Ensures conditions are met before transfer
9. Insurance Agent
- Confirms homeowner’s insurance
10. Closing Agent*
- Conducts closing meeting
- Facilitates document signing
Close with confidence with BesTitle.
*Services provided by BesTitle.