What do I need to bring with me?

–Include what to bring AND how payment should be made payable.–

How long does it take to complete a title exam?
I am married. Does my partner need to come?
How is a title examination different from a title search?
How long does the closing take?
Why do I need my driver’s license?
Will my proceeds be available immediately?
Do I have to be present for the closing?
What does Title Insurance cover?
Do I really need to buy Title Insurance?
How much do each of your services cost?
When will I receive my owner’s policy?
When will I receive my original recorded documents back?
When will my deed/mortgage be on record at the registry?
Does Gateway Title provide copies of the closing package for my records?
Who should I make my cashier’s check payable to?
How does Gateway Title accept closing funds?
When can I have the final figure for closing?
Will Gateway Title travel out of the office for my closing?
Can my closing be done through the mail? If so, who will coordinate that?
What are my options for receiving or returning documents?
Can Gateway Title prepare documents for the seller?
Does Gateway Title take care of final utilities or taxes on the settlement statement?
Why should I get a Mortgage Inspection Sketch?

Frequently called an MIS or MLI (Mortgage Loan Inspection), this is an inspection done by a surveyor based on knowledge about the property. An MIS may be required by a bank to secure a mortgage loan, and is recommended even if it is not required. Possible findings may include:

  • Defining boundaries of the property that may be unclear due to previous landscaping
    • Fences or walls are crossing property lines
    • Trees or gardens planted across property lines
  • Buildings are actually on a neighboring property
  • Buildings violate setback or zoning laws
  • Driveway encroaches on a neighboring property or neighboring drive encroaches on property in question
  • Well or septic is on a neighbor’s property, or neighbor’s is on property in question
  • Blazings or pin sets indicate that the property boundaries written in the deed don’t match up, or neighbors dispute boundaries
  • Presence of discontinued roads, rangeways, or streets affecting property title
  • Defective property description

Note: A Mortgage Inspection Sketch is does not include a title search, but is supplementary and beneficial in your decision to buy property.

Do I have to pay for an owner’s policy yearly?
What is an owner’s policy?
How long does a title search take?
What does Gateway Title do?
What is a title search?