Question 1

How long does a real estate closing take?

Accepted Answer

Most closings take approximately 30 to 60 minutes. The exact timing depends on the complexity of the transaction, the number of documents involved, and whether there are any last-minute questions. Our team works hard to ensure your closing is efficient while giving you plenty of time to review and understand your documents.

Question 2

What should I bring with me on closing day?

Accepted Answer

Please bring the following items to your closing:
A valid government-issued photo ID (driver's license, passport, etc.)
Any funds required for closing (if not already wired)
Your spouse, if required by your lender or applicable laws
Any documents specifically requested by your lender or our office
If you're unsure whether you need to bring anything additional, contact us before your appointment and we'll be happy to help.

Question 3

What does Owner's Title Insurance cover?

Accepted Answer

Owner's Title Insurance protects your ownership rights to your property. It helps safeguard you against covered title issues that may have existed before you purchased the property, including:
Unknown liens or judgments
Errors in public records
Forged documents
Undisclosed heirs claiming ownership
Mistakes in legal descriptions
An Owner's Policy provides peace of mind that your investment is protected against many title-related risks that may not be discovered during the title search process.

Question 4

How long does my Owner's Title Insurance Policy last?

Accepted Answer

Your Owner's Title Insurance Policy remains in effect for as long as you or your heirs have an interest in the property. Unlike many insurance policies, it is purchased with a one-time premium at closing and does not require annual renewals.

Question 5

What is earnest money?

Accepted Answer

Earnest money is a deposit made by a buyer to demonstrate their good-faith commitment to purchasing a property. The funds are typically held in escrow and are applied toward the buyer's purchase price or closing costs at closing.
The amount and timing of the earnest money deposit are generally outlined in the purchase agreement.

Question 6

How do I send earnest money to Structure Title Group?

Accepted Answer

Once your contract has been received and opened, our office will provide instructions for delivering your earnest money deposit.
Depending on the transaction, earnest money may be delivered by:
Wire transfer
Cashier's check
Personal check
For your protection, always verify wiring instructions directly with our office before sending funds. We strongly recommend calling our office using a trusted phone number if you receive any instructions by email. Please drop off the checks personally at our office instead of mailing. This will ensure that funds are received during the respective time period.

Question 7

How do I send my cash to close?

Accepted Answer

Prior to closing, you will receive a final settlement statement showing the amount needed to close.
For larger amounts, funds are typically sent by wire transfer. In some cases, certified funds or a cashier's check may be accepted. Our team will provide detailed instructions before closing.
For security reasons:
Always verify wiring instructions by phone with our office.
Never rely solely on emailed wiring instructions.
Contact us immediately if you receive any notice that wiring instructions have changed.

Question 8

I own property outside of Tennessee. Can Structure Title Group assist me?

Accepted Answer

Yes. While Structure Title Group primarily handles Tennessee transactions, we frequently work with buyers, sellers, lenders, attorneys, and title professionals across the country.
If your transaction involves property outside Tennessee, contact our team to discuss the details. We can often assist directly or coordinate with trusted title and closing professionals in the applicable state to help facilitate a smooth transaction.

Question 9

Can I sign my closing documents remotely?

Accepted Answer

In many situations, yes. Depending on the type of transaction, lender requirements, and state regulations, remote signing or mail-away closings may be available. Contact our office as early as possible if you will be unable to attend closing in person.

Question 10

When will I receive my title insurance policy?

Accepted Answer

After your transaction has closed, funded, and recorded, your final Owner's Title Insurance Policy will be issued and delivered to you. The timing can vary depending on recording requirements, but our team works diligently to complete the process as quickly as possible.

Question 11

When will I receive my proceeds from a sale?

Accepted Answer

The timing of your proceeds depends on when your transaction closes and funds. In most cases, once all documents have been signed, funds have been received from the lender, and any applicable recording requirements have been satisfied, your proceeds can be disbursed.
Proceeds are typically sent by wire transfer or issued by check according to your instructions. Our team will discuss your preferred method prior to closing and keep you informed throughout the process.

FAQ