Buying a home with a broker can help find the perfect home and guide the negotiation proceedings. But even after your offer gets accepted, the deal hasn’t been done yet. That’s when a title company steps in to handle the legal and financial details.
The focus of buying a home with a broker is to get you to the closing table, and the title company ensures all aspects of ownership are handled properly. We will discuss the process to buying a home with a broker and guide a home buyer to close a purchase and explain why title companies are so important at closing.
1. What Your Broker Helps You Do
A real estate broker helps you collect the information you need to make your dreams of homeownership a reality. This is what brokers do:
- Find homes that match your goals and budget: Your broker listens to your must-haves—maybe a big backyard or a short commute—and scours the market to find listings that fit your lifestyle and wallet.
- Draft competitive offers: When you find a home, the broker knows how to write a winning offer that doesn’t cost you too much.
- Navigate negotiations and inspections: Brokers negotiate on your behalf. From haggling over price to repair requests, or handling inspection reports to ensure you get a fair deal.
- Coordinate with lenders and service providers: Need a mortgage lender or a home inspector? Your broker connects the dots, keeping everyone on the same page.
2. Why You Need a Title Company to Close the Deal
Once your offer gets approved, the title company takes charge to ensure everything is legally sound. Their first job is running a title search, digging into public records to confirm the seller owns the property, and checking for hidden issues like unpaid taxes, liens, or legal disputes.
Since problems can happen in the future, they also offer title insurance, which shields you and your lender if there’s an ownership dispute. Title companies also provide escrow services. They store all funds and required documents safely until every purchase requirement is met.
They finish the closing process by ensuring that documents are ready and guiding you through the signing and official registration of the ownership deed. Skipping this step could mean risking legal trouble or even losing your home.
3. How We Help You Close with Confidence
When buying a home with a broker, a title company handles the nitty-gritty details to ensure your purchase is secure and stress-free. Here’s how Freedom Title ensures you cross the home-buying finish line without a hitch.
Title Search
Clear title = clean ownership. Our comprehensive services start with an exhaustive title search. We peruse property records to verify that the seller legally owns the property.
We check for hidden liens, unpaid taxes, or old claims that could cause trouble. If there’s an issue, we flag it and help resolve it before you sign.
Title Insurance
To safeguard your future in the home, we provide both lenders’ and owners’ title insurance policies. While your mortgage company requires the lender’s policy, we strongly recommend the owner’s coverage.
Owner’s insurance protects you if someone challenges your ownership later. This coverage remains active for as long as you own the property. It’s a one-time closing cost that could save you from costly legal battles years down the road.
Escrow Management
Freedom Title makes sure the seller gets paid and your lender’s funds are handled right, with zero funny business. All financial aspects are handled through our secure escrow services until every condition of the sale is met.
We professionally manage every dollar, from the first deposit to the closing payments. This neutral third-party oversight guarantees proper accounting and gives all parties confidence in the transaction.
Closing Coordination
At closing time, we coordinate all the moving parts. We prepare all documents, coordinate with your lender, and ensure everything’s filed correctly with the county.
We also disburse funds to the seller and other parties to ensure the ownership transfer goes smoothly.
4. Your Broker and Title Company Work Together to Get You Home
Buying a home with a broker and title company are the ultimate home-buying tag team. While your broker’s out there finding the perfect place and negotiating the deal, we’re in the background making sure the legal and financial side is rock-solid.
Below is a quick side-by-side look at how we sync up:
| Broker | Title Company |
| Finds your home | Confirms legal ownership |
| Helps you negotiate | Manages funds and paperwork |
| Guides inspections and contingencies | Issues title insurance |
| Prepares you for closing | Finalizes and records your documents |
5. Next Steps: From Accepted Offer to Move-In Day
The road from “deal made” to “move-in day” is exciting. Here’s what you can expect in the coming days after your offer has been accepted.
- Open Escrow: We set up a secure escrow account to hold your deposit and closing funds. It’s like a safe deposit box for your cash until everything’s ready.
- Complete Title Search: We dig into the property’s history to ensure the title is clean with no liens, no disputes, just a clear path to ownership.
- Approve Final Paperwork: You’ll review and sign the closing documents, like the deed and loan papers. We’ll walk you through it so nothing feels overwhelming.
- Attend Closing: This is the big day! You sign the final paperwork, we disburse the funds, and the house is officially yours.
- Receive Your Keys: Pop the confetti, you’re a homeowner! We record the deed with the county, and you get the keys to your new place.
6. Why Work with Freedom Title?
At closing time, you want a team that knows its business and offers excellent service. That’s what you’ll find at Freedom Title. Since we are licensed in over 13 spots across Missouri, Illinois, and Florida, we can make closing easy for you regardless of where you buy.
Our team is quick, kind, well-experienced, and is always available to keep your transaction moving smoothly. For your convenience, we’ll come to your place or meet you after work.
7. Ready to Get Started? Let’s Make Your Closing Simple
Ready to wrap up your home purchase? At Freedom Title, we make closing easy and exciting and not a headache. Whether you’re still hunting for the perfect place or you’re itching to sign those papers, our team is just a quick call away.
Buying a home with a broker, and us, keeps things smooth, so you can get those keys and start moving in ASAP. Give us a call at (314) 786-4000 or contact us to set up your closing.
