PRE- PROCESSING
PROCESSING / CLOSING
POST CLOSING
Conduct TITLE SEARCH done by a third-party abstractor
Order ”Municipal, judgement, tax and land surveys”
Prepare the TITLE COMMITMENT in accordance with the required specifications
Gather the outstanding tax dues, condominium/homeowners’ association dues, seller’s payoff and other lien payoffs
Examine the title and resolve any issues, if any
Obtain the lender’s instructions, loan documentation, and proceeds
Prepare CD / FINAL HUD and other documents that will be signed at the closing
Setup a closing date with the lenders, realtors, and other parties involved
Conduct the settlement
Disburse the proceeds
Record the DEED, MORTGAGE and other recordable documents in the COUNTY
Executed documents sent to the LENDER/FINANCIAL INSTITUTIONS
Payoff all existing liens and mortgages as per the Title Commitment
Finally, issue TITLE INSURANCE POLICY (OWNER AND/OR LENDER)
Why Home Buyers Should Find their Title Company When you’re about to buy a home,…