Give us a call (318-855-3735) or email us at monroe@partnerstitlela.com and provide the location of the property (parish), sales price, and loan amount (if applicable).

The total amount of funds that the buyer/borrower must bring to the closing over the loan amount and any applicable credits to fully fund the transaction. The costs may include loan fees, title fees, clerk of court recording fees, escrow prepaids (property taxes and/or homeowner’s insurance).

A valid & current form of photographic identification, such as a drivers license or passport; Funds in the amount showing on the Closing Disclosure or HUD-1 settlement statement for “cash to close”, which may be paid by check payable to Partners Title, money order, or if the amount is $2,500.00 or more, then payment must be made by certified/cashier’s check payable to Partners Title.

Closing times vary based upon many factors, such as the number of parties involved, the type of loan, whether a power of attorney is involved, and if you are the buyer or seller. An average estimate is 15 minutes for seller side and 30 minutes for buyer side.  If a power of attorney is being used to execute the buyer side documents, including a loan package, please expect the closing to take more time.

Title insurance is a type of insurance policy that protects the policyholder (a homebuyer and/or lender) from financial loss in the event that there are defects or issues with the title to a property.  It is a one time premium payment, typically made at closing as disclosed on the Closing Disclosure or HUD-1 Settlement Statement.  
There are two types of title insurance policies:

Owner’s Policy
As a buyer, it is vital that you protect your investment and the ownership rights that come with it. An owner’s policy of title insurance will protect your rights as the homeowner for as long as you or your heirs have an interest in the property. The owner’s policy is an optional policy; however, it is strongly recommended that you do not waive this important protection.  

Lender’s Policy
If you are working with a lender to purchase a home or commercial property or refinance an existing mortgage, purchasing title insurance is typically a lender requirement. This policy protects the bank or other lending institutions for as long as they maintain an interest in the property. When purchased simultaneously with an owner’s policy, the lender’s premium is reduced to a simultaneous issue fee, depending on the type of policy.

Real estate is typically a person's largest investment and most valuable asset. Without title insurance, your home ownership could be at issue. Title insurance is insurance against loss or damage to you as the homeowner resulting from title defects that may include claims of ownership by others, undisclosed heirs, misfiled liens, real estate tax issues, fraudulently signed documents and mortgage releases, filing errors, etc. which are all outside of the scope of the reviewing attorney’s professional liability insurance coverage.There are two types of title insurance policies:

Owner’s Policy
As a buyer, it is vital that you protect your investment and the ownership rights that come with it. An owner’s policy of title insurance will protect your rights as the homeowner for as long as you or your heirs have an interest in the property. The owner’s policy is an optional policy; however, it is strongly recommended that you do not waive this important protection.  

Lender’s Policy
If you are working with a lender to purchase a home or commercial property or refinance an existing mortgage, purchasing title insurance is typically a lender requirement. This policy protects the bank or other lending institutions for as long as they maintain an interest in the property. When purchased simultaneously with an owner’s policy, the lender’s premium is reduced to a simultaneous issue fee, depending on the type of policy.