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How to Guide: Real Estate Closings – Part III

Who would have believed there was so much to do or remember??

If there is a power of attorney for either party, the buyer or seller, notify the title company as soon as possible. They need to review the power of attorney for accuracy and durability. Read the rest of this entry →

Posted in Title

How to Guide: Real Estate Closings – Part I

Sep 28

Posted by Property Guiding

For starters, the title company will need a legible, fully executed copy of the contract and all addendums. Also, don’t forget to send the title company the prior title policy and the survey, if no changes have been made. The listing agent should submit an info sheet with contact information for the buyer, seller, buyer’s agent, seller’s agent, mortgage loan originator (MLO) and the attorney for seller and/or buyer. The info sheet should contain the current mailing address, phone number(s), email address(es) of both the buyer and the seller. Verify the real estate commissions and or transaction fees, if any. Read the rest of this entry →

Posted in Title