Closing Property Title Forward In Wayne
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FAQ
A title company requires valid, government-issued identification from all parties. This is not just a formality but a crucial aspect of the legal process. Valid IDs such as a driver's license, passport, or state-issued ID card are acceptable.
Title Forward completes the transaction, even goes so far as to record the new deed with the County, so these buyers are the new owners of the house, even though the transaction is incomplete.
But Title Forward—a wholly-owned subsidiary of Redfin—is working to revolutionize the title, escrow and settlement aspect of the residential real estate process, as well as do away with some of the industry's more archaic methods.
Closing is the final step in the homebuying process in which the mortgage becomes official and the title is transferred to new owners. A closing agent, usually an attorney or official from a title or mortgage company, oversees the closing process, which takes place at a title company or escrow office.
