What is a Title/Settlement Company?? What is a Settlement Agent??
Unlike a New Jersey Closing, in Maryland a settlement agent puts together the process of the
sale, working with both the buyer, the seller the buyer’s lender and old lender in the transaction. They research the
title, making sure there aren't any liens on the property, pay the seller and the old lender, obtain recording fees and taxes
from the government, and file the paperwork at the local courthouse. In effect they orchestrate the settlement from the start