Bring to closing a government issued picture ID (driver’s license or passport).
FUNDS TO CLOSE
Any amount over $5,000 must be wired. Your Closing Disclosure from your lender will give you a good idea of the amount you will need to bring to closing, and your loan officer or our firm can give you a more accurate amount closer to your closing date. Please note that we cannot accept ACH or Electronic transfers – it must be sent in the form of a wire, and almost all banks require that you go to the branch in person to request and initiate a wire. You will want to initiate your wire transfer in plenty of time to have your funds reach our account prior to closing, and it is best to bring your checkbook to closing in the event there are any changes. In the event you wire more than you owe at closing, we will cut you a check back at closing.
BUYER/BORROWER INFORMATION FORM
Please fill out the Buyer/Borrower Information Form and return it to us as soon as possible.
If the buyer/borrower is unable to attend closing, we can prepare a Power of Attorney (POA). Please let us know as soon as possible if a POA is required as lenders will require POA approval well in advance of closing. We will provide you with the POA and specific execution instructions in a timely fashion.
HOMEOWNER’S INSURANCE POLICY
A copy of the declaration page should be provided to the lender and closing attorney prior to the closing to ensure that the coverage amount is acceptable to the lender. A paid receipt is necessary to prevent the need to collect the insurance premium at closing.
Please check with your lender if they require any other documents should be brought to closing such as pay stubs, bank statements, gift letter or proof of sale of prior residence.
If you are not able to attend closing or appoint a power of attorney, we can send the closing documents to you to sign remotely. However, please note that if you are a buyer obtaining financing, law requires that you sign the loan documents in front of an attorney. We charge a mail away fee, and the attorney handling the signing may charge you a fee as well. For this reason, if you cannot attend closing in person, you may want to consider a power of attorney as this option is typically easier and less expensive.
CORPORATE ENTITIES / TRUST
Please see our “CORPORATE ENTITY / TRUST” attachment if you are selling property out of a Trust, Corporation, LLC, LP, etc. (anything other than your individual name).