title company

Title Commitment Payoffs Exceptions

Posted by on Jul 22, 2008 in title company

As closing nears this week for me, it’s time as the seller to prepare for the closing. I emailed over the authorization to release form for the title company so that they could call my 1st and 2nd lender to get the payoff figures available.  They also checked on any levied assessments or past due property taxes or prorated property tax amounts.  Also it’s good that all water bills be current for the new buyer, I mailed in my water …

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Home Closing Costs : A Seller’s Title Company

Posted by on Jun 13, 2008 in title company

Home Closing Costs : A Seller’s Title Company If you are a real estate agent make sure to call the seller/builder etc with the title company name and phone number. If it’s a builder the builder may already have a title company it has worked with in the past and purchased title insurance through for it’s land, lots, etc.  Sometimes the builder likes to use the same title company as the cost to reissue title insurance is very minimum and...

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Residential Real Estate Closings: Let’s Review Closing Day

Posted by on Apr 20, 2008 in title company

Residential Real Estate Closings: Let’s Review Closing Day Let’s talk about closing day. For sure the buyer is going to want to bring their down payment to closing. This will likely be a cashier’s check made out to themselves, or to the title company. Most title companies either will not accept personal checks or small checks under $1000 if they do. It’s recommended that you view the HUD-1 closing statement 24 hours before closing. That’s...

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