What do I need to bring to closing?

You need to bring photo identification (either a driver's license, military ID or passport) to your closing.

Additionally, bring a Cashier's Check made payable to Enterprise Title. Your closer will advise you of the exact amount. A wire transfer from your bank is acceptable but will need to be arranged in advance. Personal checks or cash are not acceptable.

My home is solely in my name; will my spouse need to attend closing? 

Spouses always must sign the deed or mortgage of a principal residence even if titled in the name of only the husband or wife. 

I'm getting divorced and purchasing my new principal residence solely in my name; does my estranged spouse need to sign ? 

Yes. The estranged spouse's signature is required until the final judgment of Dissolution of Marriage has been entered into the court file. 

My spouse and I are unable to both attend closing; can I use a Power-Of-Attorney?

Powers of Attorney are acceptable if there are extenuating circumstances which would otherwise prevent the absent party from signing in advance. The form of power of attorney must be approved by Enterprise Title as well as the Lender, if applicable. 

What is title insurance? 

Title Insurance insures that you are the rightful owner of your property.

Title Insurance protects you from financial loss in the event problems develop regarding the rights of ownership to your property. These may be hidden title defects that even the most careful title research will not reveal. In addition to protection from financial loss, title insurance pays the cost of defending against any covered claim. 

But the Lender already requires Title Insurance. Won't that protect me?

Not necessarily. There are two types of title insurance. A Lender's Policy insures that your lender has a valid lien on the property. Most lenders require this type of insurance, and typically require the borrower to pay for it. An Owner's Policy , on the other hand, protects your interest in the property. Title troubles, such as improper estate proceedings or pending legal action, could put your equity at serious risk. If a valid claim is filed, in addition to financial loss up to the face amount of the policy, your owner's title policy covers cost of legal defense.