Page 16 - Montana Home Sellers Guide

Tips for a SMOOTH ESCROW CLOSING

BUYERS

• Notify your escrow officer the name(s) and contact information of your lender

• Purchase Hazard Insurance and provide policy to escrow officer
• Make sure all conditions and contingencies have been met prior to closing
• If you plan to go out of state, be sure to let your escrow officer know such that adequate time for

delivery of documents can be allowed
• If you plan to go out of the country and in need of a Power of Attorney, please notify your escrow
officer immediately

• Decide how you would like to hold title to your new home. You may wish to consult with an
attorney, accountant, or other qualified professionals before making this decision

SELLERS

• If any divorces, deaths or trusts appear on title, you will need to provide copies of divorce
decrees, death certificates or trust agreements (not necessarily through public record)

• If your property is vested in a trust, make sure you have a bank account in the name of the
trust in order to receive funds from closing

• If the property is a condo or PUD, please furnish Escrow with the name and address of the
Homeowner’s Association
• Make sure all conditions and contingencies have been met prior to closing

• If you plan to go out of state, be sure to let your escrow officer know such that adequate
time for delivery of documents can be allowed
• If you plan to go out of the country and in need of a Power of Attorney, please notify your

escrow officer immediately

Strength | Expertise | Service 16