Resources & Guides

Responsibilities of a Real Estate Settlement Attorney or Agent

August 2, 2022
Resources & Guides

Responsibilities of a Real Estate Settlement Attorney or Agent

August 2, 2022
Resources & Guides

Responsibilities of a Real Estate Settlement Attorney or Agent

August 2, 2022
Resources & Guides

Responsibilities of a Real Estate Settlement Attorney or Agent

August 2, 2022

What Role Does the Real Estate Settlement Agent or Attorney play when Buying a Home ?

Episode Notes

Victoria Ray Henderson, the host of Listen Up Home Buyers! Talks with Peter Parente. Peter is a Settlement and Business Development Officer with Stewart Title working out of the Washington, D.C. office. Follow Peter's Instagram is @titlepartnerpete

1:03 What does a title company do?

1:15 The buyer has the right to choose the title company

1:35 What are escrow funds?

1:58 Second portion of the escrow funds

2:28 How do you evaluate settlement offices?

3:21 Look up who will be the insurer

3:43 Why should a buyer consider owners' policy insurance?

4:25 An example of a situation where owners title insurance may be necessary

5:00 Another example of where owners' title insurance was used

5:30 What is lenders' title insurance?

6:08 How should you evaluate settlement charges?

7:12 In the loan estimate, everything should be disclosed upfront

7:43 When shopping lenders, the title fees will be included in the estimates

8:10 What is a boundary survey?

8:40 What is a location drawing?

9:12 Flood insurance

9:30 Stewart Title is an option for buyers

As Stewart can close in all 50 states

10:11 Peter Parente is a settlement office and does marketing for buyer agents

11:15 Peter shares a personal experience of living in the Netherlands

12:10 How to properly wire funds for closing

To avoid wire fraud

13:00 Always check with the lender and/or title company regarding wiring funds

13:44 @titlepartnerpete on Instagram

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How can we help?

The exclusive buyer agents at HomeBuyer Brokerage specialize in serving home buyers. Please reach out with questions at info@homebuyerbrokerage.com.

Responsibilities of a Real Estate Settlement Attorney or Agent

By
August 2, 2022
Responsibilities of a Real Estate Settlement Attorney or Agent
Responsibilities of a Real Estate Settlement Attorney or Agent
Responsibilities of a Real Estate Settlement Attorney or Agent

What Role Does the Real Estate Settlement Agent or Attorney play when Buying a Home ?

Episode Notes

Victoria Ray Henderson, the host of Listen Up Home Buyers! Talks with Peter Parente. Peter is a Settlement and Business Development Officer with Stewart Title working out of the Washington, D.C. office. Follow Peter's Instagram is @titlepartnerpete

1:03 What does a title company do?

1:15 The buyer has the right to choose the title company

1:35 What are escrow funds?

1:58 Second portion of the escrow funds

2:28 How do you evaluate settlement offices?

3:21 Look up who will be the insurer

3:43 Why should a buyer consider owners' policy insurance?

4:25 An example of a situation where owners title insurance may be necessary

5:00 Another example of where owners' title insurance was used

5:30 What is lenders' title insurance?

6:08 How should you evaluate settlement charges?

7:12 In the loan estimate, everything should be disclosed upfront

7:43 When shopping lenders, the title fees will be included in the estimates

8:10 What is a boundary survey?

8:40 What is a location drawing?

9:12 Flood insurance

9:30 Stewart Title is an option for buyers

As Stewart can close in all 50 states

10:11 Peter Parente is a settlement office and does marketing for buyer agents

11:15 Peter shares a personal experience of living in the Netherlands

12:10 How to properly wire funds for closing

To avoid wire fraud

13:00 Always check with the lender and/or title company regarding wiring funds

13:44 @titlepartnerpete on Instagram

You may also download the PDF here.
You may download the PDF by clicking here.
Request More Information

Some disclaimer text about privacy.

First Name*
Last Name*
Email*
Click here to view content
Oops! Something went wrong while submitting the form.

Thank you for requesting more information...

We value and protect your privacy and will never share your contact information with anyone else.

You may also download the PDF here.

How can we help?

The exclusive buyer agents at HomeBuyer Brokerage specialize in serving home buyers. Please reach out with questions at info@homebuyerbrokerage.com.

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