Steps to Follow
Tips for a great closing
Below is a quick glimpse at the steps needed to take a transaction from contract execution to closing for the title company:
- Receive fully executed sales contract
- Receive escrow deposit from buyer and issue escrow letter to all parties involved
- Order title lien search, estoppel (if applicable) and survey
- Once title and lien search is received, we clear all title issues encumbering subject property
- Send all title work to lender should transaction be financed
- Wait for lender’s closing instructions
- Schedule all parties for closing day!
- Record all legal documents required to property convey title
- Send out final title policy to buyer along with original deed