Life Of An Escrow

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LIFE OF AN ESCROW Prepare Escrow Instructions and Pertinent Documents; Collect Deposit Order Title Search Obtain Signatures Receive and Review Preliminary Report Order Demands, Request Clarification of and Other Items and Review Taxes on Report Receive Demands OUR VISION: TO SURPASS YOUR EXPECTATIONS THIS TIME…NEXT TIME…EVERY TIME… CONTINUED… BEVERLY HILLS OFFICE 9440 Santa Monica Blvd., #310 Beverly Hills, CA 90210 SHERMAN OAKS OFFICE 13949 Ventura Blvd., #300 Sherman Oaks, CA 91423

Transcript of Life Of An Escrow

LIFE OF AN ESCROW Prepare Escrow Instructions and

Pertinent Documents; Collect Deposit

Order Title Search Obtain Signatures

Receive and Review Preliminary Report

Order Demands, RequestClarification of and Other

Items and Review Taxes on Report

Receive Demands

OUR VISION: TO SURPASS YOUR EXPECTATIONSTHIS TIME…NEXT TIME…EVERY TIME…

CONTINUED…

BEVERLY HILLS OFFICE9440 Santa Monica Blvd., #310

Beverly Hills, CA 90210

SHERMAN OAKS OFFICE13949 Ventura Blvd., #300

Sherman Oaks, CA 91423

LIFE OF AN ESCROW

OUR VISION: TO SURPASS YOUR EXPECTATIONSTHIS TIME…NEXT TIME…EVERY TIME…

Process Financing

Request Beneficiary Statement

Receive Beneficiary Statement and Enter into

File. Review Terms of Transfer

and Current Payment Status Have Beneficiary Statement

ApprovedOrder Demands, RequestClarification of and Other

Items and Review Taxes on Report

Obtain Loan Approval and Terms

Forward Escrow Instructions,Prelim and CC&R’s to Lender

Request Loan Documents

BEVERLY HILLS OFFICE9440 Santa Monica Blvd., #310

Beverly Hills, CA 90210

SHERMAN OAKS OFFICE13949 Ventura Blvd., #300

Sherman Oaks, CA 91423

LIFE OF AN ESCROW

OUR VISION: TO SURPASS YOUR EXPECTATIONSTHIS TIME…NEXT TIME…EVERY TIME…

Review File to Determine all Conditions Have Been Met and That all Documents are Correct and Available for Signature (Termite Report, Contingencies Released, Fire

Insurance Ordered, Secondary Loan Documents Prepared, etc.)

Reconcile File and Have all Remaining Items Executed, Including Loan Documents

Forward Documents to Title Company

Order Recording

CONTINUED…

Record Document with County Recorder

BEVERLY HILLS OFFICE9440 Santa Monica Blvd., #310

Beverly Hills, CA 90210

SHERMAN OAKS OFFICE13949 Ventura Blvd., #300

Sherman Oaks, CA 91423

LIFE OF AN ESCROW

OUR VISION: TO SURPASS YOUR EXPECTATIONSTHIS TIME…NEXT TIME…EVERY TIME…

Obtain Buyers Funds

Return Loan Documents

Request Funding of Loan

Close File: Prepare Statements and Disburse Funds

Complete Closing, Forward Final Documents to Interested Parties; Buyer, Seller, Lender

BEVERLY HILLS OFFICE9440 Santa Monica Blvd., #310

Beverly Hills, CA 90210

SHERMAN OAKS OFFICE13949 Ventura Blvd., #300

Sherman Oaks, CA 91423