What should I know?

What do i need to bring with me to closing?

All you need to bring to closing, is an unexpired form of photo identification, your writing hand, and a form of payment. Payment can be made in the form of a certified check if under $5,000. No personal checks or cash is accepted. If over $5,000, GA law mandates that closings funds that exceed $5,000 must be remitted in the form of a wire transfer. Please give us a call so we can send you wiring instructions for our firm. It’s always important to verbally verify these instructions with our office prior to initiating a wire.

how long does a closing take?

Depending on the type of transaction, the closing can take anywhere between 20-60 minutes. Our closing times are set in hour blocks.

what is a title search?

A title search is finding out the history of who owned the property currently and prior to the real estate closing you will be apart of. In doing this, we find out if clear and marketable title will be conveyed to the buyer at closing. It’s important that clear and marketable title be conveyed so no one else can lay claim to what you are buying.

What is title insurance?

Title insurance is a remedy product that protects you from financial loss and related legal expenses in the event there is a defect in title to the property that you are purchasing.

What title insurance underwriters do you support?

Our office underwrites for Investors Title and First American.

When will I be notified of how much money to bring to closing?

Per TRID guidelines, the lender must disclose certain items to you 3 days prior to your set closing date. Our office and the lender work diligently together to get you final numbers on that 3rd day. Please be patient with us as we work together to get you a true and accurate number for closing.

Will taxes be paid at closing?

This is a frequently asked question at the table during closing. Our office goes off of the tax commissioner’s/collector’s website on when taxes are due and payable. At the time of closing, if the taxes are due and payable they are charged to the seller with a prorated credit from the buyer for the time unused by the seller. After January 1 of each year, the taxes revert back to the buyer’s responsibility and will be prorated backwards based on the last years collected amount.

If you are the seller and your current mortgage company has released escrow funds paying the taxes, we will verify that the county has received the funds directly with the county. If the county does not note that a payment has been received, we will collect the amount due and payable and process the payment. In the event that both payments hit the account at the same time, the tax commissioners office will refund either our firm or your mortgage company, who will then issue you a refund. It is important that our firm and your mortgage company be notified of a forwarding mailing address in order to issue you a refund.

how long does it take to get recorded deeds back?

This is entirely dependent on the court house in which the deed is filed. Depending on the time of year, court houses can be backed up on paperwork and can delay the process of filing. We tell people to wait 4-6 weeks before contacting our office requesting the status of recorded deeds.

I am not working with a real estate agent, can you help with the sales contract?

Absolutely! Our firm will help parties draft and execute a purchase and sales agreement according to the terms they have agreed upon!

Does Findlay, Edenfield & Green close wholesale transactions?

Unfortunately, we do not accept wholesale transaction clients.