THE CLOSING PROCESS:

Q. Who will check the title to my new property?

A. Depending on which county your property is located, we will order your search from one of our third-party vendors. The abstractor will then forward the report to us and, an attorney will examine your title and will clear your title prior to closing.

Q. How will I know how much money to bring to closing?

A. At the time of loan application the loan officer should give you a Good Faith Estimate of costs. Please plan to bring certified funds for the amount showing due on your Good Faith Estimate. In the alternative, your real estate agent, a loan officer or our office may contact you when the HUD-1 Settlement Statement is finalized for your closing with a final figure.

Q. Can I write a personal check for the closing costs and down payment?

A. No. We do not accept personal checks at closings. You will need to bring certified funds from your financial institution to your closing. Or, you may wire the funds to our Escrow Account. Please contact us at 601-956-2615 if you need the wiring instructions.


Q. What other information do I need to bring to the closing?

A. Please make sure you have a valid government issued picture ID, such as a driver’s license or ID card, as we will ask to see it. Some lenders require a second form of identification. Therefore we suggest you bring an additional form of identification such as your social security card, your passport or another form of identification.

Q. Who should attend the closing?

A. The seller and the spouse of the seller along with the buyer/borrower and the spouse of the buyer/borrower must be present at closing. Often, real estate agents and loan officers attend closing as well.

Q. Will I receive copies of the loan documents?

A. You will receive a copy of each document that you sign at closing. This document folder should be placed in your safety deposit box or other place where you keep important documents.

Q. How long will I be in the closing?

A. A closing generally takes about thirty (30) minutes. At RANDALL | SEGREST, we close your transaction in a friendly, relaxed atmosphere with experienced real estate attorneys to explain the closing documents and answer your questions.

Q. Where is your office located?

A. We are conveniently located at 992 Northpark Drive, Suite A, Ridgeland, Mississippi. Click here for a map to our office.

Q. Are my children welcome in your office?

A. Yes. Your children are welcome at our office. We typically have complimentary coloring supplies, snacks, water and soft drinks available.

Additional Questions?

Call or e-mail us.