We work closely with the buyer’s side settlement agent to coordinate the sale of your property, which includes, but is not limited to:
- Review title provided by the buyer’s settlement agent
- Order payoffs
- Have your deed prepared by an attorney, as well as prepare any additional documents necessary
- Collect invoices for repairs needed prior to closing
- Coordinate with the buyer’s settlement agent for closing
- Conduct closing – this is when you will execute all documents for the transaction
- Send all seller signed documents to the buyer’s settlement company for recording and disbursing of funds.
Closing Disclosure and/or HUD-1 Settlement Statement: sets out all receipts and disbursements made by, on behalf of, or to the buyer and seller in the transaction.
Acknowledgement: that the closing attorney/settlement agent represents the lender.
IRS form 1099: reports the sale to the IRS.
Deed conveying title to buyer; deed may take one of several forms:
- Warranty Deed – warrants title against the claims of all persons;
- Limited or Special Warranty Deed – warrants title against the claims of all person claiming loss as a result of seller’s ownership;
- Quit-Claim Deed – contains no warranties as to title.
Affidavits: Where applicable, seller executes sworn statements relating to:
- name variations or “aliases”
- knowledge of matters relating to the title
- other matters specific to the particular transaction