Closing and Escrow Services

Once all of the terms and conditions of the real estate sales contract have been met, the real estate transaction may be “closed”.  Real estate closings take place at the offices of the lender, the buyer or seller’s attorney or broker, or most commonly, at the title company.  Chippewa County Abstract & Title Company Inc. is  responsible for hundreds of closings each year, and brings years of experience together with the latest technology to the closing table.

 At the closing, the buyer and seller meet to exchange the purchase price for the deed and various other ownership documents.  Numerous other documents, many related to the buyer’s financing, are also typically executed at the closing.  Certain documents, however, are present at virtually every home sale closing – the deed that actually conveys the property, the RESPA settlement statement, and Sellers’ affidavits regarding such matters as parties in possession, and construction liens.  When the new lender is satisfied that its requirements have been met, it funds the transaction, providing money to the title company for the buyer to complete the purchase.  Chippewa County Abstract coordinates the parties, the documents and the funds, so that you can be sure that everything you need for your closing is at your closing.


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