Real Estate Settlements
The Settlement Process
Immediately Upon Receipt of Your Order:
- A confirmation of receipt is emailed or faxed to you
- A title abstract is ordered
- Payoffs are ordered
- If survey is needed, it is ordered
Immediately Upon Receipt of the Abstract, we:
- Examine the abstract
- Clear any title issues
- Prepare the title binder/commitment and forward it to the lender
As Soon as the Lender is Ready, we:
- Schedule settlement
- Receive loan docs via email from lender
- Prepare and finalize the settlement sheet
- Conduct the settlement
- Disburse the funds
After Settlement, we:
- Record the title documents within 7 Business days
- Obtain Release
- Issue Title Policies
- Prepare the title policies and record releases of paid off loans