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Receive earnest money and contract
Open Escrow
Order title search
Receive and review preliminary title report
Request clarification of any liens and encumbrances showing on preliminary title report
Order payoff letters for liens being paid through escrow
Receive payoff letters and bills to be paid through escrow
Receive loan documents from your lender
Compute closing statements
Prepare documents and instructions
Set appointments with Buyer and Seller
Seller deposits signed documents and instructions
Buyer deposits signed loan documents, instructions and funds
Return loan documents to Lender
Receive authorization to record from Lender
Record documents and report recording information to Lender
Receive funds from Lender
Disburse funds as instructed
Receive and record releases of liens and encumbrances paid through escrow
Close and archive escrow
When this whole process is taking place the escrow officer is in constant contact with the real estate agent |
