• Preparing escrow instructions.
• Receiving and depositing funds with care.
• Preparing the settlement documents.
• Obtaining preliminary
title searches.
• Paying all bills as authorized by the principals
such as loans, taxes, interest and insurance.
• Receiving all monies
• Securing the deed and other related
documents.
• Being in touch with
the mortgage lenders to see that all of their requirements are met.
• Recording all documents and deeds
• Preparing the closing statements for the
parties with a complete accounting of all funds. The items will reflect the purchase price, disbursements and credits all payoffs on encumbrances, tax liens, the cost for
all services and the funds you are entitled to at COE.
• Disbursing funds as authorized, including
charges for title insurance, recording fees, brokers and commissions, and payments on loans.
• Closing the
transaction as quickly and efficiently when all requirements are met.
• Follow up on items
after the close of escrow (inquiries, refunds, etc.) with care.
