The Process to Closing

  1. Buyer and seller agree to a real estate transaction via “fully executed” (meaning all parties have signed) Sales Contract or Purchase Agreement.
  1. Purchase agreement is sent to Phoenix Title to review the property records and determine whether anything needs to be paid off at closing (i.e. the seller’s current mortgage).
  1. Phoenix Title contacts all relevant parties to schedule a day and time for signing the closing paperwork.
  1. All parties sign the closing paperwork and keys are exchanged!
  1. Phoenix Title disburses checks in accordance with the settlement statement and records the sale and mortgage (if applicable) in the Parish public records.