Title Information & Closing

In Alabama, residential closings are generally held at an attorneys office or in a title company. The attorney and or title company and closer is extremely instrumental in making sure all fo the prices are in place:

  • Any problems are dealt with immediately
  • Appointments for buyers and sellers are planned
  • The monies are able to exchange hands the same day
  • Surveys, title work, and any other special work is ordered by the attorneys closing specialist

In Alabama, most mortgages are funded at the time of both of the papers being signed by both sides and the deal is technically "done" on paper. The funding is automatic and generally completed by wiring of funds to the closing attorneys escrow account - depending on the time of day and the lender.

Keys and occupancy are given to the Purchaser at closing, unless delays occur in funding the transaction or receiving final approval from mortgage company on the HUD1 statement.

A good attorney office or title company that is efficient and follows through on details is one of the most important aspects of closing on a home.

  • Stephens, Harrison, Millirons & Gammons
    James (Bo) Harrison
    2430 L & N Drive
    Huntsville, AL 35801
    (256)533-7711
  • Reynolds, Reynolds, and Duncan
    Brian E. Monroe
  • 303 Williams Ave. Suite 811
    Huntsville, AL 35804
    (256)534-6789
  • Craig Paulus Attorney at Law
  • Craig Paulus
    200 Pratt Ave. # B1
    Huntsville, AL 35801
    (256)417-6920
  • The Line Team
  • Billie Line, Jr.
    908 Merchants Walk SW
    Huntsville, AL 35801
    (256)489-3476
 

 

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