Escrow Process

• Prepare Escrow Instructions and Pertinent Documents
  
• Obtain Signatures
  
• Order Title Search Process Financing
  
• Receive and Review Request or Prepare
  
• Preliminary Report Beneficiary Statement New Loan Application
  
• Receive Demands (if any), Request Beneficiary Statement and Enter Obtain Loan Approval
  
• Request Clarification of into file… Review Terms of Transfer and Determine that
  
• Other Leins (if any) and and Current Payment Status Terms are Correct
  
• Review Taxes on Report (Is Prior Approval Necessary to Record?)
  
• Receive Demands and Request Loan
  
• Enter into File Documents
  
• Review File to Determine that All Conditions Have Been Met and that All Documents Are Correct and Available for Signature (Termite inspection, contingencies released, fire insurance ordered, additional documents…second deed of trust, bill of sale. Etc… have been prepared)
  
• Figure File and Request Signatures on All Remaining Documents
  
• Forward Documents Obtain Funds Return Loan to Title Company from Buyer Documents
  
• Request Loan Funds
  
• Funds
  
• Order Recording
  
• Close File: Prepare Statements and Disburse Funds
  
• Complete Closing Forward Final Documents to all Interested Parties…Buyer, Seller, Lender.