Overview Introduction Settlement Agent How we prepare What you need to do Homestead law Title insurance Seller's tasks What to bring At the closing Closing documents After the closing

What we will be doing to prepare for your closing

We have received from your lender an order giving us preliminary information about your loan and your new property.  From this information we will order a title exam.  

We will also be contacting the sellers and brokers to ensure that we get all the information and documentation we need from them prior to the closing.  Among other things, we will obtain the information necessary to pay off any existing mortgages on the property. 

Certain documentation and certifications are required for the closing.  These include the final water bill, which needs to be paid by the seller in advance of the closing or taken out of the sellers proceeds at the closing.

If you need to bring money to the closing, we will be calculating the correct figures based on the closing costs, taxes and other expenses to be paid and give you the figures before the closing.  All the costs, adjustments and other figures for the transaction will be reported to you before the transaction on the HUD-1 Settlement Statement, which will be faxed to all real estate brokers involved at least 24 hours before the closing.  

Finally, we will contact you and the seller to schedule the closing and notify your lender and the real estate brokers of the date and time.