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Real Estate Closing FAQs: What You Need to Know Before You Close

April 24, 2025

Whether you’re buying a home or refinancing, the closing process can raise a lot of questions—and we’re here to answer them. At World Title Company, we believe in clear communication and a stress-free experience. Here are the answers to some of the most common questions we get from our clients.

How long does it usually take for you to complete the closing process?

The average closing process takes about 30 to 45 days from the time the purchase agreement is signed. However, this timeline can vary based on several factors like lender approval, title search results, and the responsiveness of all parties involved. For refinancing, the timeline is often shorter—typically around 20 to 30 days. Our team works diligently to keep things on track and will keep you informed every step of the way.

What documents do you need from me for the closing process?

To prepare for closing, we’ll need a few key documents from you, including:

  • A valid government-issued photo ID
  • Your signed purchase agreement (for homebuyers)
  • Your loan documents (provided by your lender)
  • Homeowner’s insurance details
  • Payoff information (if refinancing an existing mortgage)
    Our team will provide a personalized checklist based on your specific transaction, so nothing is missed.

What fees am I expected to pay during the closing process?

You’ll receive a Closing Disclosure or Settlement Statement that outlines all final costs. Common fees may include:

  • Title insurance premiums
  • Escrow or closing fees
  • Recording fees
  • Lender fees (e.g., loan origination or underwriting)
  • Prorated property taxes or HOA dues
  • Transfer taxes (if applicable)
    We’ll walk you through each line item so you know exactly what you’re paying and why.

Can you handle both buying a home and refinancing transactions?

Yes, we do both! Whether you’re purchasing your first home, upgrading, or refinancing for a better rate, World Title Company is equipped to handle your closing from start to finish. We coordinate with real estate agents, lenders, and attorneys to ensure a seamless experience, no matter what type of transaction you’re completing.

How do you make sure my personal information is kept secure during the process?

Security is one of our top priorities. We use secure, encrypted platforms for file sharing and electronic signatures. All documents containing sensitive information are protected through industry-standard cybersecurity measures. Our staff is trained in compliance and confidentiality protocols, ensuring your personal and financial data stays safe from start to finish.

Closing Thoughts:
We know real estate can be complicated—but it doesn’t have to be. At World Title Company, we’re here to guide you, answer your questions, and provide peace of mind through every phase of your transaction. If you have more questions, don’t hesitate to reach out—we’re happy to help.