Escrow Checklist for Buyers
When we successfully get your home into contract your Invesdoor® Agent will open escrow with a local Title Company. Once that’s done, they will help you with the following:
Escrow Requirements:
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Provide Escrow Officer with your preferred method of contact: Home, work, cell or email.
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Choose how to hold title – consult with legal counsel or attorney.
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Let your Escrow Officer know if funds are coming from the sale of an existing home.
Hazard Insurance (if not a condo or town home):
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Obtain quotes.
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Make a decision on your agent and coverage.
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Give your Escrow Officer the agent’s name and phone number (Preferably 30 days prior to close of escrow)
Loan Approval:
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Provide Lender with all documents for loan approval.
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Ensure names are spelled correctly on loan application and as you would like them to appear on your deed.
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Remind your Loan Agent that your Escrow Officer needs your loan documents prior to your orientation date.
Your Escrow Appointment:
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Upon receipt of your documents, your Escrow Officer will call you with amount needed to close, required in the form of a wire transfer or a cashier’s check, drawn on a California bank, and payable to Invesdoor®.
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All individuals named on the loan documents must be present at the signing. If this presents a conflict, please speak with your Escrow Officer as soon as possible.
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All must present valid identification – acceptable forms include a current Driver’s License, Passport, California Department of Motor Vehicles, or other California-approved identification card, provided it has a photograph, description of the person, signature of the person and identifying number.
Contact your Invesdoor® Agent if you have any questions specific to your transactions. We’re here to help!
"Excellence is not an act. It's a habit." www.invesdoor.com
You have an entire team working to ensure your transaction is a success. Below are the best sources for particular questions:
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Details of your purchase agreement – Real Estate Agent
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Final amount needed to close escrow (after receipt of loan papers)
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Possession and key to home – Real Estate Agent
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Hazard/Fire Insurance – Insurance Agent
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Loan requirements and financial matters – Lender or Mortgage Company
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Escrow Instructions – Escrow Officer or Escrow Assistant
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How to take title or ownership – Attorney or Legal Advisor
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Questions regarding property tax impounds – Lender or Mortgage Company
