Buying & Selling
Decision Making in Title Services
In the past, homebuyers and sellers rarely gave much consideration to the selection of a title company. Typically, they relied on the company recommended by their lender or real estate agent. However, in an effort to protect consumers from predatory lending practices, recent legislation now requires the buyer (consumer) to select a title company from a list of available options. Under these regulations, lenders and real estate agents are no longer permitted to make this selection on the buyer’s behalf. At Anderson Title, we strive to make this decision straightforward and convenient for our clients.
Texas-Owned and Operated
Why does this matter? As a Texas-based company, we live and work in the communities we serve and have a deep understanding of the unique aspects of Texas real estate transactions. Whether dealing with mineral reservations, community property and homestead considerations, or boundary disputes, our team possesses the local knowledge and expertise necessary to manage these matters effectively. Because our decisions are made locally, your transaction will not be delayed by unnecessary corporate bureaucracy. While our roots are in Houston, we are able to facilitate closings in counties throughout Texas.
Dedicated Support Throughout Your Transaction
During periods of strong real estate markets, some sellers choose to sell their homes without the representation of a real estate agent. Since 1990, Anderson Title has assisted buyers and sellers in completing their real estate transactions smoothly and professionally. Our experienced escrow officers and attorneys are available to provide guidance and support at every stage of the process.
Information for Buyers and Sellers
Buyer Closing Preparation
- Loan terms, including the loan amount, term, and interest rate
- Final costs, including all fees, pro-rations, taxes, and other charges or credits associated with your purchase
- A comparison of the final terms and costs with those previously provided in the Loan Estimate (LE) issued by your lender
- In person: At one of our closing offices, or we can arrange to meet you at a mutually convenient location
- Online: Through a secure virtual closing platform utilizing advanced encrypted technology
- An original, unexpired government-issued photo identification (such as a driver’s license or passport)
- A second form of identification with a photo, if available
Important Notice Regarding Funds
Wired funds are required for closing. Please note that Anderson Title does not accept wiring instructions transmitted via email or fax. All wiring instructions must be delivered directly to the closing office and will be verified prior to processing. For security reasons, changes to wiring instructions cannot be accepted once they have been received.
Seller Closing Preparation
- Sales price
- Adjustments for prepaid items
- Loan payoff amounts
- Other relevant financial details
- In person: At one of our closing offices, or we can arrange to meet you at a mutually convenient location
- Online: Through a secure virtual closing platform utilizing advanced encrypted technology
- An original, unexpired government-issued photo identification (such as a driver’s license or passport)
- Evidence of recent tax payment (if payment was made within the past 30 days)
- Evidence of recent HOA payment (if payment was made within the past 15 days)
- Evidence of recent mortgage payment (if payment was made within the past 10 days)
- Wiring instructions if the seller’s proceeds will be transferred via wire. The account must be held in the same name as all property owner(s).
The Anderson Concierge
Our team of Title experts is on hand to support you with any question, large or small. Reach out so we can help!