Redstone Federal Credit Union

r e d f c u.o r g | 7 Choosing the right closing agent for your home purchase may be one of the most important decisions you make during this process – after choosing the home, of course. e purchase of a home is one of the biggest investments you will likely make in your lifetime. Choosing an honest, responsible and reputable title agent is important because that agent helps you acquire title insurance. Having a title that's free of any issues, where you can trace back all previous ownership records, is called having a "clean title." It's required for sales because it ensures that the home you're buying will actually be yours. at's why it's important to choose a closing agent who is equipped for doing in- depth and exhaustive title searches. In addition to offering protection from financial loss, title insurance pays the cost of defending against any covered claim. e closing agent also acts as the escrow agent. An escrow agent gathers all of the funds necessary to close the transaction and disburses them accordingly. "Some homebuyers accept a closing agent selected by the lender or the real estate agent. However, as the buyer, you can select, or at least contractually negotiate, the closing agent or title company you want to work with,'' said Todd Howard, President of Redstone Title Services. Redstone Title Services is a member of the Redstone Federal Credit Union family but can perform closings for any lender or cash-only transactions. Its policies and procedures protect customer funds, non-public information, complaints/concerns, licensing and timeliness. Contact Redstone Title Services at 256-799-8990 or email the office at info@redstonetitle.org for more information. Redstone Federal Credit Union does not warrant, guarantee, or insure any service offered by Redstone Title Services. RFCU and Redstone Title Services are affiliated, but are separate entities. HOME PURCHASE: CHOOSING A CLOSING AGENT IS VITAL

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