Here is where Stewart Abstract excels: in Settlement, Escrow, and Disbursement Services. Our Title Officers truly shine when it comes to experience, customer service, and industry reputation. Here’s why that is so important: you are making what is possibly one of the most important and one of the most stressful investments of your life. Confidence and trust in your closing representatives is vital.
The Title Officers at Stewart Abstract have worked, not just in the Title Insurance Industry for many years – but for Stewart Abstract – for years. Some have worked here for decades! When you’re considering which title company you’ll choose to handle this most important financial transaction, aren’t integrity and longevity characteristics that really matter to you? You can feel assured that your purchase transaction will be handled with professionalism, accuracy, and privacy from start to finish.
What should you expect at your SETTLEMENT? Our Settlement Officers or their assistants will be able to efficiently answer all of your questions. At the settlement table, any documents you are signing will be explained thoroughly. The Settlement Officer will also give you any necessary instructions regarding setting up new utility accounts in your Municipality and tell you how and when to make your first mortgage payment (if applicable). Additionally, you might be told about what will happen when you begin to receive property tax bills, so listen carefully for that important information.
ESCROW refers to the point in the closing process when money is held by a third party (us) on behalf of two parties (the buyer and the seller). That means that your lender will entrust the funds for your purchase or refinance to us – usually by means of wired funds or a bank check. Once we receive it, that money is held in our federally insured escrow account until all documents are completed and signed by all parties involved.
Regarding DISBURSEMENT SERVICES, Stewart Abstract will take care of everything. That means that we’ll make sure that all parties (like utilities, taxes, Homeowner’s Association dues, or other liens) are paid and satisfied so that you can have a Free and Clear Title on your property. Sometimes your lender may require us to hold limited funds in escrow for a brief period of time after your closing, but you’ll know all those details well ahead of time.
And just to make sure we did everything right, we have a thorough post-closing routine where we review every part of your transaction for accuracy and we’ll account for every penny!
Our entire Stewart Abstract staff is committed to helping you leave our office smiling and with keys in your hand. We hope to see you soon!