| Order is opened - Prepare escrow instructions, necessary documents & commission order. Forward to appropriate parties for review & execution. NOTE: This is done either at opening or at closing depending on the custom of the county wherein you are closing. |
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| Accept earnest money & provide receipt |
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| Receive & review preliminary report - provide copies to appropriate parties |
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| Request demands (if any); clarify other liens; review taxes |
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| Receive termite/fire insurance information & documents, if applicable |
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| Request beneficiary statement |
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| Provide lender with prelim |
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| Receive beneficiary statement, review terms of transfer & current payment status & restrictions |
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| Request signatures on loan documents |
| Return loan documents & request loan funds |
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| Review file to determine that all conditions have been met & that we are in receipt of all applicable documents/type necessary closing papers |
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| Finalize closing figures/prepare estimated closing statement |
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| Request signatures on all closing documents |
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| Record, close file, prepare & deliver commision check. Prepare statements & disclosure funds |
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Complete closing and forward final documents to all parties.
(Buyer, seller, lender & broker) |
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| Title insurance policy issued |
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