How Does Mattingly Ford Title Support Residential & Commercial Transactions?
Residential Transaction Services
When homeowners are buying and selling residential real estate, Mattingly Ford Title makes sure the transaction closes smoothly. We guide homebuyers through a hassle-free title insurance, escrow, and closing process. Our goal is to help our clients cross the finish line and get to living life in their new homes.
Real Estate Escrow Closing
During the final stages of a real estate transaction, the seller receives the funds agreed upon for the property and the buyer receives title to the home. Mattingly Ford Title manages the distribution of funds and related paperwork to ensure transactions are secure and accurate.
These are the most important documents needed for the closing process:
Deed
The deed is what officially transfers ownership of real estate. It includes a property description, along with the names of the buyer and seller. It’s a legal document that is proof of property ownership.
Closing Statement
A closing statement (also called a settlement statement) is an itemized list of costs associated with the real estate transaction. Think of this as a receipt for your property. It includes how much you’ll have to pay on closing day, along with other fees and taxes associated with the sale.
Title Search Report
A title search report verifies an investment property’s ownership history. It also reveals any easements, financial or legal claims that may exist. Without a title search report, someone else could claim ownership of your property, or you may have a lien that suddenly becomes your responsibility.
Title Insurance
Mattingly Ford Title provides title insurance to protect buyers and lenders against any “defects” or legal disputes tied to a property before the current transaction.
Commercial Transaction Services
Mattingly Ford Title can prepare the documentation needed for virtually any commercial transaction—from a $100,000 purchase of an office condominium to a $60,000,000 blanket equity line of credit. We even have expertise with development loans.
These are some of the ways we help real estate investors with commercial transactions:
Blanket Equity Line of Credit
If you’ve built enough equity in commercial property, Mattingly Ford Title can help you obtain a blanket equity line of credit, where you can borrow against the value of your real estate and access cash to make improvements, consolidate debt or even buy a new property.
Witness Closings
Sometimes a buyer and/or seller cannot be present at the title company during closing. For remote or out-of-town transactions, we are able to provide a “witness closing,” where we make arrangements to receive documents, obtain and notarize buyer/seller signatures and make sure documents get into the right hands.
UCC & Title Searches
Mattingly Ford Title conducts UCC Searches that reveal legal claims filed against a business property or other assets associated with a loan. Similar to residential closing services, we also provide a title search report that verifies an investment property’s entire ownership history.
Title Services from
Mattingly Ford
Our job is to make real estate transactions accurate and official, and we want to make the process as hassle-free as possible. That’s why our clients trust us for fast, friendly, and accurate closing services at a fair price.
Title Services from
Mattingly Ford
Our job is to make real estate transactions accurate and official, and we want to make the process as hassle-free as possible. That’s why our clients trust us for fast, friendly, and accurate closing services at a fair price.