Yes! Several of our settlements occur in other states and/or other countries. If you do not live in this area, we can arrange for the documents to be sent to you or one of our closing agents for signing at a date, time and location of your choosing. There is no additional charge for this service and there are rarely delays in the disbursement of all monies related to the closing.

The number you see on your mortgage statement is the principal balance, not the payoff amount. The principal balance what is owed on your loan at the time of your last statement. The payoff showing on the Settlement Statement takes into account the principal balance, PLUS interest accrued for the number of days between last statement and a few days after closing.

All new orders and/or contracts should be sent to admin@pruitt-title.com.

Most lenders require a Loan Policy when they issue you a loan. It only protects the lender’s interest in the property should a problem with the title arise. The policy amounts decreases as you pay down the loan and eventually disappears as the loan is paid off. An owner’s policy protects the buyer should a problem with title arise. It is purchased for a one-time fee at closing and lasts for as long as you have interest in the property. An owner’s policy provides assurance that your title insurance company will stand behind you. monetarily and with legal defense if needed, if a covered title problems arise. Possible hidden title problems can include errors or omissions on the deed, mistakes in the land records, forgery, and undisclosed heirs.

A house location survey shows the location of the improvements on the property in relation to the boundary lines of the property. It is not as detailed or as accurate as a boundary survey. It is typically between $325.00 and $450.00 dollars. A boundary survey identifies the property’s boundary lines. The surveyor will mark the corners and produce a detailed plat or map. This type of survey is typically more expensive than the house location survey. The actual costs will depend on how much land there is to be surveyed.

No, you do not have to get a survey. Some lenders will require one, but that is very rare. The advantage to getting a survey is that you have a very clear understanding of where your property lines are and what easements and rights of way there are. Think of it as an outdoor home inspection. If you don’t get a survey, whatever issues that may have come to light on a survey, will not be covered by your owner’s title insurance. If you do get a survey and the survey shows, for example, your neighbor’s fence is encroaching onto your property, you would be able to resolve that prior to closing. It also comes in handy if you ever want to do any work to the outside of the house, such as add a deck. When you go to obtain a permit, they will require a current survey.

We can take a personal check for up to $2,000.00. Above $2,000.00, we prefer a wire. If you are not able to send the money via wire, we can take a cashier’s check however, approval must be obtained prior to settlement.