Closing Services

Whether you want to close in one of our full service offices or an
off-site location convenient for your clients, our agents and notaries are available.

In addition to standard purchases, we handle split closings, escrow closings, new construction and relocation transactions. 

our locations
summit title

Additional Services

Deed Transfers

For customers that do not require full closing services we prepare deeds for execution for FSBO (for sale by owner) or agent represented contracts. We also offer full recording services.

Escrow Agents

For companies that do not require full closing services, we can provide escrow agent services, title insurance or limited title policies based on the needs of the lender.

Title Insurance

Title Insurance provides the insured "peace of mind" in knowing that they are receiving good and marketable title to the real estate they are purchasing.

Title Search

A title search is a thorough review or examination of the public records that pertain to real property ownership, and the rights/limitations in its use. Once the title search is completed, the results are given to a title examiner (officer) who makes a determination as to the insurability of title.

Property Reports

If no insurance is required, our title office or agent can perform a search to identify the current information on the subject property and give a complete property report and profile.

Refinances

Summit Title would like to assist you in your Title Insurance and Escrow Closing needs on refinances. For these services, we work with all lenders.

1031 Exchanges

The Internal Revenue Code imposes taxes when property is sold or transferred and a gain is realized. The 1031 Exchange service empowers investors to preserve equity and save tax dollars through tax-deferred exchanges. We partner with First American Exchange Company to provide peace of mind in these transactions.

Frequently

Asked

Questions

Why choose a title insurance company?

When it comes to title insurance, you have the right to choose whatever company you’d like. Although many people just rely on their mortgage lender or real estate agent to pick a title insurance company for them, ultimately the decision is yours.

What is a closing?

Closing, which is also known as "settlement" or "escrow", is the event where the title to a property is transferred from seller to buyer. Closing is typically held in an office, title agent or title insurance company, and involves the completion of all the necessary paperwork to finalize the agreement between buyer and seller, as well as the collection of all funds required for the transaction.

What are closing costs?

Closing costs are all costs required to close the real estate transaction. They can include (but are not limited to) surveying fees, property taxes, title insurance premiums, attorney fees, real estate agent commissions, points, loan origination fees, private mortgage insurance (PMI), and the balance of your down payment.

What is a CD ?

The Closing Disclosure is a form that a lender provides to a home buyer at least 3 business days before their loan closes. It outlines the final terms and costs of the mortgage. It’s one of the most important pieces of paperwork you’ll receive, so check it over carefully. In August 2015, under the direction of the Consumer Financial Protection Bureau (CFPB), the Closing Disclosure Form replaced the HUD-1 settlement statement. Federal law mandated the HUD-1 settlement statement be distributed to home buyers on the day their loan was closing, which didn’t give them much time to react to the figures or ask for clarifications. Whereas the HUD-1 settlement statement was long and confusing, the Closing Disclosure Form used today is more streamlined.

Why a 1031 exchange?

Financial Leverage
When the tax liability in a transaction is deferred, the taxpayer receives an increase in available capital. This capital can be applied to acquiring the replacement property. The taxpayer gains financial leverage through an exponential increase in cash flow and appreciation – which provides more buying power.

Strategic Flexibility
With a 1031 Exchange, the taxpayer can employ a number of tactics to increase investment flexibility, such as:Consolidating many properties into one for ease of management Diversifying one into many for ease of future divestment Relocating properties geographically to take advantage of trends Changing property types (for real estate exchanges only) Improving investment performance Adapting to changes in needs and abilities, and other life transitions Replacing older properties with newer ones Successful exchanges start with expert answers to your questions. Contact us today to find out more about the benefits of a 1031 Exchange.

I Have Other Questions How Can I Contact You?

Please give us a call Monday - Friday 8:00 to 5:00 (Central Time) at 270-782-6906. If you would like to send us an email click Contact Us. We welcome your phone calls and emails. Please Contact Us anytime.