There’s many people involved in a transaction and each play an important role.
The goal of escrow is to ensure that your transaction moves along as smoothly as possible. From the seller’s side, here is what you would need to provide your Closing Officer with:
Statement of Information
Once escrow is opened, you will receive a Statement of Information to complete. Statements of Information provide the information needed to distinguish the Buyers and Sellers of real property from others with similar names so as to disregard matters which do not affect the property to be insured. After identifying the true Buyers and Sellers, the escrow company may disregard the judgments, liens or other matters on the public records under similar names. This routinely requested document protects all parties involved and allows the title company to competently carry out its duties without unnecessary delay.
You, and your spouse, if you are married, will be asked to provide full name, social security number, year of birth, birthplace, and information of citizenship. If you are married, you will be asked the date and place of your marriage along with any previous marriage information, residence and employment information.
Existing Lien Holder(s)
Provide names of your existing lien holder(s) along with address, phone number and loan number.
Identification
Be sure to bring your driver’s license or other form of picture ID to the closing.
Wiring Information
The escrow company can wire proceeds into your account upon funding of the transaction. Please provide your Closing Officer with wiring information if you choose to have your funds wired.
Receipts
Any invoices for inspections, repairs or other items to be paid at closing but be submitted to escrow prior to closing.
Power of Attorney
If you intend to use Power of Attorney and will not be present at closing to sign documents, you must provide the original Power of Attorney prior to closing for approval and recording. The Lender will also need to approve the Power of Attorney. Please provide a contact number so that you can be reached for verification as well as to confirm that Power of Attorney has not been revoked.
(Information provided by Title365)
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Thank you and have a great day!
Noe Rodriguez
Montelongo Realty
(909) 821-4718 / noe9595@gmail.com
Website: HS-90.com
Facebook.com/HouseSoldin90Days
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Noe Rodriguez - Realtor | House Sold in 90 Days 