About Krause Title

Krause Title Company provides title and escrow services to home buyers and sellers, realtors, lenders, and builders throughout the Mississippi Gulf Coast.

What We Do

Krause Title Company provides title and escrow services for a variety of people and companies. Please click below to learn more.

Home Buyers

Krause Title will guide home buyers through the entire closing process. The steps are given here.

Realtors

Krause Title’s dedicated team works hand-in-hand with realtors, because your job is to make dreams happen...

Lenders

Krause Title gives lenders flexible closing locations, strong practices, good communication, and accurate documentation.

Builders

Krause Title knows construction law, and promises prompt draws for builders.

Our Process

Krause title will make the closing process as simple and quick as possible. Below are the steps for closing your property purchase.

Starting the Process

A sales contract is signed by the buyer and seller and delivered to the closing agent, usually with a deposit check. The escrow is accepted by the escrow agent, often by written notation on the contract. The escrow agent starts the closing process by opening a title order. The file begins to be processed. Tax information, loan payoffs, survey (if necessary), homeowner/maintenance fees, inspections/reports, and hazard and other insurances, as well as legal papers are ordered. A title search is ordered.

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Title Search and Examination

This is a search made of the public records. Records searched include deeds, mortgages, paving assessments, liens, wills, divorce settlements and other documents affecting title to the property. Title examination is the examination of the documents found during the title search that affect the title to the property. This is when verification of the legal owner is made and the debts owed against the property are determined. Upon completion of the search and examination, a title commitment/ preliminary report is prepared, reviewed and sent out to interested parties.

Document Preparation

The closing agent reviews the new lender’s instructions and requirements, reviews instructions from other parties to the transaction, reviews legal and loan documents, assembles charges, prepares closing statements, and schedules the closing.
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Settlement

The escrow or settlement agent oversees closing of the transaction. The seller signs the deed and closing affidavit. The buyer signs the new note and mortgage. The old loan is paid off. The seller, real estate agents, attorneys and other parties present at the closing of the transaction are paid.

Post Closing

After the signing has been completed, the escrow or settlement agent will forward payment to any prior lender, and pay all parties who performed services in connection with your closing (if they have not been paid). The transaction documents are recorded in the county in which the property is located. Title insurance policies are prepared and sent to the new lender and to you. This all happens without any further actions by the buyer or seller.
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Ready to Begin?

Ordering services is easy. Just click the button below, and you are on your way!

Send Us a Message

We are conveniently located in the heart of down town Ocean Springs. Please contact us with any questions!