MLS #$MLSNUMBER$ | $LISTPRICE$ | $STATUS$ | Contingent
$SUMMARY$
$WATERFRONT$
Listed By: $OFFICENAME$
Closing on Your Home: Every Detail
Closing on Your Home: Every Detail
Before Closing
- Delivers contract copies to all parties
- Collects and forwards earnest money to listing agent
- Coordinates home inspection
- Follows up on all offer contingencies
- Conducts final walk-through
- Locks in interest rate and continues loan process to final approval
- Transmits personal information for closing online through a secure server using Secure Home FormsTM.
- Obtains hazard insurance
- Contacts utility and water companies, and homeowner’s association if applicable, to set account in their name
- Arrange for wired funds for closing
- Conducts walk-through inspection for property with agent
- Accesses documents via our safe, secure, online HomeDocs™*
- Completes loan application; verifies employment, credit and funds to close; file is analyzed and underwriting decision is given; funds for appraisal and credit report are collected.
- Orders appraisal and title work
- Re-verifies funds needed to close
- Sends closing documents and loan proceeds check to lender’s closing agent
- Satisfies inspection contingencies
- Answers questions on title commitment
- Accesses document via our safe, secure, online HomeDocs™*
Title Services
- Orders title commitment, schedules closing, and notifies all parties
- Prepares and reviews title commitment
- Prepares CD and closing documents and submits to lender for approval
- Obtains title documents, association information and payoff figures for current mortgages; Title commitment is reviewed
- Drafts seller documents and sends CD to buyer’s closer and listing agent
At Closing
- Buyer, seller, closers and agents all attend closing
- Closer conducts closing
- Closers review and explain all closing documents and buyers and sellers sign
- Closers notarize closing documents and provide copies (copies are also available electronically through our safe, secure HomeDocs™ system)
- Closer provides information on Homesteading and how to apply
After Closing
- Applies for homesteading if applicable, with the appropriate county office
- Receives closing documents, prepares file for loan servicing
- Submits all required documents for recording
- Issues final title insurance policy