Nevada Buyer Title and Escrow Process

Buying a house? Unsure what to expect as you close?

Our experts break down the steps you’ll go through when it comes to title and escrow.

  1. Your offer on a home has been accepted 
  2. A title search is conducted on the property to determine the status of title 
  3. You put your earnest money into escrow, likely working with an escrow officer  
  4. A commitment for title insurance is given to you – be sure to read it carefully  
  5. Escrow orders payoff demands for mortgages and other liens recorded against the property  
  6. You secure home insurance and provide proof of it to your lender 
  7. You secure a home warranty and provide proof of it to escrow, if applicable 
  8. Loan documents are submitted by the lender to escrow on your behalf 
  9. Escrow arranges the signing of documents which includes a final closing cost summary 
  10. Escrow provides you information to arrange the payment of funds due to close escrow 
  11. Upon receipt of the signed documents and all funds required to close, escrow records the sale with the county, updating ownership records 
  12. Escrow disburses funds per the terms of the transaction 
  13. Your real estate agent gives you keys: you officially own a home, congratulations! 
  14. Separate title insurance policies are issued to you, as the new homeowner, and to the lender 

This article is part of the Home Buyer Guide.