Page 16 - ABN Seller's Guide
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0 0 Seller s Guide                                                                  Step




                       THE FU CTIO  OF TITLE   E CRO





      D          "E      P     ,"     T         E                        ,        ,

                                                TITLE COMMITMENT.

                                           I          ,                     :


        Act as a neutral 3rd part  & hold the earnest deposit in their trust account.
        Send out the copies of the CC&Rs and the Title Commitment to appropriate parties  ithin 3-5

        business da s  hene er possible.

        Work  ith the seller and their lender to pa  off all the loans the  ma  ha e on the propert .
        Order all required information, forms, etc. from the Home O ner's Associations if applicable

        Prepare Settlement Statement and Closing Documents after receipt of loan package from the lender.
        Coordinate and prorate the ta es, along  ith an  homeo ners insurance pa ments necessar  for the

        final documents.

        Re ie  the file for all Pa offs, Home Warrant , Termite Report, Insurance, etc. and contact
        appropriate parties as needed.

        Arrange time for both Bu er and Seller to come into the office to sign all necessar  documents.
        Facilitate the actual signing of all paper ork.

        Coordinate  ith the lender to arrange for all the funds to be recei ed in a timel  manner.

        Record all documents  ith the Count  Recorders Office. Disburse copies of all documents and
        monies to the appropriate parties.

        Issue Title Insurance to protect  ou should there be a problem  ith the title in the future.


     O   P         T     & E      O

     Amber Dia  - Driggs Title Agenc
     Phone: 480-237-4586

     Email: amberd@driggstitle.com
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