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Top 10 Buyers Questions

When will I know the amount of Should you have any questions after reviewing your
funds required to close escrow? package, please do not hesitate to contact your
Upon receipt of your loan documents and preparation of escrow officer.
your escrow instructions, we will contact your real estate
agent and/or you to let you know the amount of funds you What is a Statement of Information?
will need to close escrow. Statements of Information provide title companies with
the information they need to distinguish the buyers and
Who will call me to schedule an sellers of real property from others with similar names.
appointment? After identifying the true buyers and sellers, title companies
may disregard the judgments, liens or other matters on the
Normally, your real estate agent will call you. However, public records under similar names.
sometimes we will call you from the title company to make
arrangements for your signing. When should I shop for

homeowners/fire insurance?
Can I give you a personal check?
According to Nevada State Law, all funds must be in the We suggest that you start shopping for homeowners/fire
insurance as soon as your offer is accepted (it is a good
form of a cashier’s check or wired funds from your financial idea to call your current insurer first.) Know the age of
institution. We will accept a personal check ONLY for your your home when shopping for insurance. Please have your
Earnest Deposit.
agent contact your escrow officer when you have made
your decision.
When do I get my keys?

At the close of escrow, your real estate agent will contact What will I need to take to the Title Company
you regarding the disbursement of the keys. Usually, this when I go in to sign my papers?
is by noon on the day you close escrow unless, other You will need a cashier’s check payable to Driggs Title
arrangements have been made.
(If the amount was given to you previously). Bring a valid
driver’s license, valid State ID, Nevada ID card, valid
How much time should I allow for my passport or Military ID.
signing appointment?

Please allow approximately 45-60 minutes for your signing When will I receive my Deed showing
appointment. proof of ownership?
The day escrow closes is the day the deed records with the
What will the escrow officer explain to county and you become the owner of your home. It could
me at my appointment? take 6-10 weeks from that date for the county to mail you

Escrow instructions with terms of sale per your purchase the original signed/recorded deed.
contract, the estimated escrow statement, preliminary
report, etc. We will also provide you with a complete Real Estate transactions are complicated and can be
package of all documents you have signed so that you may confusing. Driggs Title will be happy to answer any
take it home for further review. questions that arise during the process.

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