Edit Legal Iowa Real Estate Closings Forms For Free

Iowa is the only state in the nation that does title coverage through a state entity. In every other state, title coverage is provided by a private company. While that may make it seem that the coverage offered in Iowa is starkly different to the other 49 states, it is not.

Overview. Iowa's homebuying process is similar to other states where a real estate attorney (or a title company) is used to consummate the transaction and prepare all the closing documents. In Iowa, buyers and sellers often consummate the transaction at the same closing table.

Who pays closing costs in Iowa? Buyers and sellers each pay unique closing costs to finalize a home sale. In Iowa, sellers typically pay for the title and closing service fees, owner's title insurance policy, and recording fees at closing.

The average time it takes to sell a house in Iowa is 88 days ? 53 days to get an offer and an additional 35 days to close. This is approximately 6.0% slower than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.

Midland Title & Escrow is the largest full service escrow and settlement company in Iowa. The company's success has been built on a strong foundation of proven financial stability, exceptional industry expertise, and unparalleled service.

An Iowa general bill of sale is a document that is usually executed between two (2) individual parties and records the sale and purchase of personal property. This form will disclose the price, possible defects, the sale date, and a description of the property being sold and purchased.