In the course of buying or refinancing a home in North Carolina, the final and one of the most critical parts of the process is the settlement. Armour Settlement Services, a North Carolina Title Company, helps you with this process in two very important ways.
First, it is our responsibility to provide title insurance for the transaction. Title insurance guarantees that the title is clear and marketable to both the purchaser and lender. Through this process, Armour Settlement Services investigates the subject property to make sure that there is nothing that would affect the title, such as outstanding loans or other encumbrances involving previous owners. We also verify that the existing documentation, such as the deed, meets all of the legal requirements for the transaction. During this process we must report any and all restrictions on the property, such as easements, rights of way, or other covenants. Lastly, Armour Settlement Services makes sure that all the pertinent paperwork is filed and recorded with the appropriate North Carolina and local government agencies.
The other critical job that Armour Settlement Services is responsible for is the collection, management, and distribution of the funds involved in the transaction, from the final settlement to the collection of the required funds, and then the final disbursement.
This process is very complex and can be frustrating. Let our legal and financial experts handle the tough parts, and answer any questions you might have as the process goes on. Whether your next transaction in North Carolina is a home equity loan, a real estate purchase or sale, or simply a refinance – let us help! Your satisfaction is our top priority.