​M c L A U G H L I N   T I T L E

70 Center Street - 4th Floor - Portland ME 04101

207-874-0500

A cash transaction has a lot in common with a purchase involving a lender; it's just usually a lot simpler on our end. When you request our services for a cash closing, we conduct a title search, check on property taxes and public utilities and work with the seller to make sure previous loans are all paid off at the closing. 

Your funds will be brought to closing in the form of a Bank Check (aka Cashier's Check or Counter Check)  made out to McLaughlin Title Co. Wiring is also an option, but buyers need to be aware of the rampant wire fraud that our industry has been the focus of for several years. We do NOT guarantee that wired funds won't be misdirected.

We require the purchase of an Owner's Policy of Title Insurance for cash closings. Please see the link for information about First American Title Insurance Company and its Eagle Policy, considered an industry leader in owner's title coverage.

We are often asked to expedite a cash closing, which we are happy to do. We have a pretty quick turnaround time, as long as the title isn't too complicated. The location, date and time of the closing are up to you. We are happy to assist in scheduling.

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