SEAMLESS COMMUNICATION

Timios knows homebuyers have a choice in closing services. That’s why Timios does what no one else can with a revolutionary transparent process that’s totally accessible 24/7 on our website or mobile app. That means everyone involved can now seamlessly view documents, transaction progress and fees every step of the way.

UNPARALLELED SERVICE

Whether you’re buying or selling, our time-saving paperless process will completely streamline your closing services. You can count on our knowledgeable, experienced professionals for same day funding/recording and within-the-hour response to your calls. And, with the most competitive fees in the business, you’ll realize significant savings.

PERFECTED PROCESS

As America’s fastest growing title and settlement services company, with nearly 50,000 transactions in the US and over $8 billion in total closings last year, you can be confident Timios is your best choice.

SEAMLESS COMMUNICATION MAKES TIMIOS THE BETTER WAY TO CLOSE

Contact Timios today: Timios.com | 877-8-TIMIOS


LEARN MORE ABOUT THE CLOSING PROCESS

Beginning the Process

A sales contract is signed by the buyer and seller and delivered to the closing agent, usually with a deposit check. The escrow is accepted by the escrow agent, often by written notation on the contract. The escrow agent starts the closing process by opening a title order. The file begins to be processed. Tax information, loan payoffs, survey (if necessary), homeowner/maintenance fees, inspections/reports, and hazard and other insurances, as well as legal papers are ordered. Then, a title search is ordered.

Title Search and Examination

A search is made of the public records, which include deeds, mortgages, paving assessments, liens, wills, divorce settlements and other documents affecting title to the property. Title examination is the examination of the documents found during the title search that affect the title to the property, verifying the legal owner and whether debts are owed against the property. Upon completion of the search and examination, a title commitment/ preliminary report is prepared, reviewed, and sent out to interested parties.

Document Preparation and/or Request to Produce

The closing agent reviews the new lender’s instructions and requirements, reviews instructions from other parties to the transaction, reviews legal and loan documents, assembles charges, prepares closing statements, and schedules the closing.

Settlement or Closing the Transaction

The escrow or settlement agent oversees closing of the transaction in which the seller signs the deed and closing affidavit. The buyer signs the new note and mortgage. The old loan is paid off. Then the seller, real estate agents, attorneys, and other parties present at the closing of the transaction are paid.

Post-closing

After the signing has been completed, the escrow or settlement agent will forward payment to any prior lender, and pay all parties who performed services in connection with your closing (if they have not been paid). The transaction documents are recorded in the county in which the property is located. Title insurance policies are prepared and sent to the new lender and to you. This all happens without any further actions by the buyer or seller.

OUR ALL INCLUSIVE, BUNDLED ESCROW FEE SAVES YOU MORE THAN MONEY.

Unlike other companies, our all inclusive escrow fee includes those industry defined junk fees. No loan-tie-in, wire, delivery or other fees, just guaranteed simplicity and transparency.

“Compared to what the local escrow company was going to charge me, switching to Timios saved me thousands! I can’t believe how simple and seamless the entire process was from start to finish.”
– Matthew K., Home Seller, Santa Monica, CA