19 Steps to Buying a Home
Step 6 Opening Escrow/Title
Now on the back end your realtor is opening escrow with the settlement attorney that you have chosen to work with and your lender is ordered a title history and title insurance. North Carolina state law states that the place of settlement is the right of the buyer, not the seller or the realtor(s) who gets to choose the attorney and place of settlement.
Most attorneys in Raleigh charge about $500 for a typical real estate settlement and title insurance is regulated by the state so the cost for title insurance will be the same regardless of your choice of settlement agents.
Related Article: What is Title Insurance?
Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183