THE CLOSING PROCESS
It all starts with a contract between a buyer and a seller. From there it grows to a team effort between the Lender, Title Company and the Real Estate agents. Our technology will keep you informed every step of the way.
Lender
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Loan application
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Credit history
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Gather paperwork; w2, taxes, paychecks, bank accounts
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Employment verification
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Verification of closing funds
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Appraisal
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Underwriting research
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Clear to Close
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Send docs to Title
Title Company
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Title abstract
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Title search
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History of owners
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Liens
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Clouds on title
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Lawsuits
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Divorces
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Probates
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Examiner
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Commit to Title insurance
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Clear to close
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Process Lender closing instruction
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Prepare all documents
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Fund all necessary parties.
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Open mortgages
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Seller
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Brokerages
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Real Estate Agents
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Submit Contracts to Lender and Title
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Keep buyers and sellers on track with contract dates and contingencies
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Update parties on inspections and contingencies
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Follow up with Lenders and title to make sure all clear.
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Review closing documents for accuracy
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Exchange keys with the new owners
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Party