1031 EXCHANGE
STRATEGIC PROPERTY REINVESTMENT SOLUTIONS
A 1031 exchange allows investors to defer capital gains taxes by reinvesting proceeds from the sale of one investment property into another qualifying property. To remain compliant, sale funds must be held by a Qualified Intermediary (Q.I.) and cannot be received directly by the seller. The transaction must also meet specific identification and closing deadlines.
Hatcher Title & Escrow Agency partners with Old Republic Exchange Corporation, the exchange division of Old Republic National Title Insurance Company, to securely manage exchange funds and ensure compliance.
WHY CONSIDER A 1031 EXCHANGE?
A 1031 exchange provides investors the opportunity to defer capital gains taxes while reinvesting in new property. By postponing tax payments, investors retain the full use of their proceeds, allowing greater potential for portfolio growth and long-term wealth accumulation.
Additionally, for estate planning purposes, transferred properties may receive a step-up in basis, which can significantly reduce or eliminate deferred capital gains taxes for heirs.
BUILDERS & DEVELOPERS
RELIABLE DEVELOPMENT CLOSING SERVICES
Hatcher Title & Escrow Agency partners with builders and developers throughout Tennessee and Georgia, delivering dependable, detail-oriented title and closing services. With a dedicated point of contact, we help manage transactions efficiently, from initial land acquisition to final subdivision conveyances.
OUR SERVICES INCLUDE
LAND ACQUISITION
PROJECT MAPPING SUPPORT
PROJECT MAPPING SUPPORT
We assist with secure land purchases by conducting thorough title review and ensuring all required documentation is properly prepared and recorded.
PROJECT MAPPING SUPPORT
PROJECT MAPPING SUPPORT
PROJECT MAPPING SUPPORT
Our team provides guidance during the mapping phase, including review of boundary information, vesting details, recorded deeds, easements, and other essential project documents.
CLOSING SERVICES
PROJECT MAPPING SUPPORT
CLOSING SERVICES
We coordinate and track subdivision sales to ensure smooth, timely closings
with clear communication and accurate documentation.
WHY RECORDING A NOTICE OF COMPLETION IS IMPORTANT
Upon finishing a construction project, recording a valid Notice of Completion with the County Register of Deeds is a critical step.
Filing this notice begins a 30-day statutory period for contractors to file mechanics’ liens against the property. If not recorded properly or on time, it may delay permanent loan closings and impact the final stages of your transaction.
CLOSING DISCLOURES
CLOSING DISCLOSURE PREPARATION & SUPPORT
The Closing Disclosure is a standardized form required for most residential mortgage loans. Implemented in October 2015, it replaced the former HUD-1 Settlement Statement and final TILA disclosure. Along with the Loan Estimate (LE), it helps provide borrowers with clear and consistent information about their loan terms and closing costs. The lender is responsible for delivering the Closing Disclosure to the borrower. Depending on the lender’s process, the document may be prepared by the creditor or coordinated with the settlement agent. Hatcher Title & Escrow Agency assists lender clients with Closing Disclosure preparation in full compliance with current regulatory requirements.
COMMERCIAL CLOSINGS
COMPREHENSIVE COMMERCIAL CLOSING SERVICES
Hatcher Title & Escrow Agency provides knowledgeable and efficient services for commercial real estate closings. With backgrounds in commercial lending, acquisitions, development projects, and bankruptcy asset sales, our leadership brings valuable insight to a wide range of commercial properties.
We are supported by the financial strength of Old Republic National Title Insurance Company and have served as an issuing agent since 1990.
PREPARE A FINANCIAL STATEMENT
If you are seeking commercial financing, maintain an updated financial statement for both yourself and your business. This document should clearly outline assets, liabilities, and income performance.
Lenders typically require this information during the loan approval process and may request written explanations for any significant decline in income or losses.
DEED TRANSFERS & REAL ESTATE DOCUMENTATION
COMPREHENSIVE REAL ESTATE DOCUMENT SERVICES
Hatcher Title & Escrow Agency, in coordination with the law firm Farinash & Stofan, provides comprehensive document preparation services for Tennessee and Georgia real estate transactions.
We prepare deeds in compliance with applicable state laws. More complex legal documents, including easement agreements, commercial loan documents, attorney opinion letters, residential and commercial leases, subordination agreements, lease-purchase agreements, and purchase contracts — are handled through our affiliated law firm to ensure accuracy and legal protection.
SUPPORTING YOUR REAL ESTATE TRANSACTION
TRANSFER TAX CONSIDERATIONS
TRANSFER TAX CONSIDERATIONS
TRANSFER TAX CONSIDERATIONS
We determine whether transfer taxes apply and identify any available exemptions. We also ensure accurate calculations and proper filings before closing.
TITLE SEARCH
TRANSFER TAX CONSIDERATIONS
TRANSFER TAX CONSIDERATIONS
We examine public records to confirm ownership and identify liens, mortgages, easements, or restrictions. This helps ensure the property is clear for transfer.
CHAIN OF TITLE
TRANSFER TAX CONSIDERATIONS
CHAIN OF TITLE
We review prior deeds and recorded documents to verify a clear chain of ownership. This helps uncover discrepancies or past defects that could affect title.
RESIDENTIAL & COMMERCIAL LENDING
RESIDENTIAL LENDING
Our team is equipped to manage a full range of residential loan types, including conventional financing, FHA and VA loans, and private owner financing. We maintain full compliance with federal TRID regulations and utilize advanced systems to ensure smooth, timely closings.
Through our affiliation with Farinash & Stofan, clients also have access to legal services related to financing transactions, including contracts, lease-purchase agreements, and other real estate documentation.
COMMERCIAL LENDING
Since 2015, we have successfully closed more than $50 million in commercial mortgage transactions. Our affiliated attorneys provide lender representation, including preparation of opinion letters, commercial loan documentation, and review of title and survey materials.
While Hatcher Title & Escrow Agency acts as an independent and impartial settlement agent, attorneys from Farinash & Stofan may represent lenders, developers, buyers, or sellers in connection with these transactions when requested. We also provide closing services for U.S. Small Business Administration (SBA) loans, with legal support available for SBA lenders throughout the process.
RESIDENTIAL CLOSINGS
EXPERIENCED SUPPORT FOR EVERY HOME CLOSING
Hatcher Title & Escrow Agency is dedicated to meeting the needs of home buyers, sellers, and lenders with dependable and efficient residential closing services.
Our experienced escrow team also offers extensive title knowledge, enabling us to confidently manage both routine and complex residential transactions. We are committed to delivering consistent, high-quality service with every closing. Each title examination is conducted thoroughly to help protect buyers and lenders from potential title defects or future claims.
HOW ARE PROPERTY TAXES PRORATED AT CLOSING?
Real property taxes are paid in arrears and typically become due later in the year. At closing, taxes are prorated between the buyer and seller based on the portion of the year each party owns the property.
If the closing occurs before the current year’s tax amount is finalized, the proration is generally calculated using the previous year’s tax bill. The buyer then pays the full tax amount when it becomes due.
TITLE INSURANCE
TITLE INSURANCE PROTECTION
Title insurance protects your ownership by confirming the property has clear and marketable title. Before issuing a policy, a detailed title search reviews past transfers, liens, easements, and other recorded matters to reduce risk before closing.
If a covered title issue arises after closing, your policy pays for legal defense and covered losses.
TITLE INSURANCE MAY PROTECT AGAINST:
JUDGMENT AND TAX LIENS
JUDGMENT AND TAX LIENS
JUDGMENT AND TAX LIENS
UNRELEASED MORTGAGES
JUDGMENT AND TAX LIENS
JUDGMENT AND TAX LIENS
NAME CONFUSION
JUDGMENT AND TAX LIENS
FORGED DOCUMENTS
FORGED DOCUMENTS
JUDGMENT AND TAX LIENS
FORGED DOCUMENTS
SIGNATURES OF MINORS OR INCOMPETENT PERSONS
SIGNATURES OF MINORS OR INCOMPETENT PERSONS
SIGNATURES OF MINORS OR INCOMPETENT PERSONS
RECORDING ERRORS IN LEGAL DOCUMENTS
SIGNATURES OF MINORS OR INCOMPETENT PERSONS
SIGNATURES OF MINORS OR INCOMPETENT PERSONS
UNDISCLOSED OR MISSING HEIRS
SIGNATURES OF MINORS OR INCOMPETENT PERSONS
MISREPRESENTATION OF MARITAL STATUS
MISREPRESENTATION OF MARITAL STATUS
SIGNATURES OF MINORS OR INCOMPETENT PERSONS
MISREPRESENTATION OF MARITAL STATUS
FRAUD
INVALID DIVORCES
INVALID DIVORCES
INVALID DIVORCES
INVALID DIVORCES
INVALID DIVORCES
UNPAID TAXES
INVALID DIVORCES
UNPROBATED WILLS
UNPROBATED WILLS
INVALID DIVORCES
UNPROBATED WILLS
SERVICES TO OTHER LAW FIRMS
Hatcher Title & Escrow Agency also supports law firms and bankruptcy trustees with:
- Deeds related to divorce
- Foreclosure title searches
- Estate and probate closings
- Title histories for engineers and surveyors
We are proud to work with firms locally and nationwide.