THE CLOSING PROCESS

Once we receive a title request from a lender or a fully signed purchase agreement from the parties or their realtors, we get started on your file.  A title search is performed on the property and information from the parties or their realtors is gathered to get the process under way.  From there it grows to a team effort between the lender, the title company, and the real estate agents. Our technology will keep you informed every step of the way.

lender

  • Loan application
  • Credit history
  • Obtain tax documents and asset information
  • Employment verification
  • Verification of closing funds
  • Appraisal
  • Match closing disclosure with title company
  • Underwriting
  • Clear to Close
  • Send loan documents to title company

Title Company

  • Title search and production of title abstract
  • Review of title abstract
  • Provide commitment for title insurance to the lender
  • Process lender closing instructions
  • Prepare closing documents
  • Settlement
  • Disbursement of funds
  • Recording 
  • Post-Closing
  • Issuance of title insurance

Real Estate Agents

  • Submit contracts to lender and title company
  • Keep buyers and sellers on track with contract dates and contingencies
  • Update parties on inspections and contingencies
  • Follow up with lenders and title company to stay on track
  • Review settlement statements for accuracy
  • Exchange keys with the new owners
  • Celebrate!
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