As a Purchaser/ Buyer, you will be required to present photo identification at closing. In most cases, you will also be required to provide funds for downpayment, inspections, insurance etc. Should the total of the fees necessary by purchaser/ buyer equal or exceed $2,500.00, you will be required to present certified funds pursuant to state law.

Title Insurance is an insurance policy which protects the listed insured (owner or lender depending on the policy issued) against a covered loss in the event of a defect in the title of a particular piece of property. An example of a covered loss would be forgery or impersonation as it relates to a signature on a document in the chain of title, or someone who lacked the capacity, whether legal or physical, to properly execute a property document. This insurance is available and may be a necessity regardless of the formation of a structure on the property. Our office would be glad to discuss this further with you.

The Alliance Title, LLC closing process is listed below:

1. Alliance Title receives the contract and title request.

2. Escrow Officer receipts the contract.

3. Order is placed for Title Search.
   Title Search sometimes called Abstract. Includes: Search history of property. Owners of Record- Liens, all documents filed by legal description. Search of Seller, Liens, Suit records.

4. Title Search is examined by Alliance Title’s legal staff.
   Any necessary title curative issues are addressed at this time.

5. Commitment is issued to Lender/Purchaser by Escrow Officer.

6. Escrow Officer processes file.

7. Alliance Title receives loan documents (email, facsimile, courier)
   Escrow Officer prepares Settlement Statement and file for review by Lender and Real Estate Professional prior to closing.

8. Buyers and Sellers attend closing. All legal documents are executed.

9. Escrow Officer receives final approval to fund from the Lender.

10. Escrow Officer disburses file (writes and deposits checks).

11. Seller, Real Estate Professional and other parties to the closing transaction receive checks.

12. Legal documents are recorded in the Parish Courthouse.

13. Title Policies are issued.

14. Closing package is forwarded to Lender