Page 18 - Master CA Sellers Guide
P. 18

Tips for a SMOOTH ESCROW CLOSING

BUYERS

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

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