| Prepare Escrow Instructions & Pertinent Documents |
| | |
|
|
| Obtain Signatures |
- - - - - - - - - - - - - - - - - - - - - - - \ |
| | |
| |
| Order Title Search |
Process Financing |
| | |
| |
| |
Receive and Review
Preliminary Reports |
Receive Beneficiary Statement |
Request or Prepare New Loan Application |
| | |
| |
| |
Request Demands (if Any)
Request Clarification of Other Liens (if Any)
And Review Taxes on Report |
Receive Beneficiary Statement and Enter into File. Review Terms of Transfer and Current Payment Status. |
Obtain Loan Approval And Determine That Terms are Correct |
| | |
| |
| |
| Receive Demands and Enter Into File |
Request Loan Documents |
| | |
| |
| Review File To Determine that All Conditions Have Been Met and That All Documents are Correct and Available for signature (Termite Inspection, Contingencies Released, Fire Insurance Ordered, Additional Documents i.e. Second Deed of Trust, Bill of Sale, etc., Have Been Prepared) |
| |
| |
|
| Figure File and Request Signatures on All Remaining Documents |
| | |
|
| |
| Forward Documents To Title Company |
|
Return Loan Documents |
| |
|
| |
| |
/- - - - - - - - - - - - |
Request Loan Funds |
| |
| |
| |
| |
Obtain Funds From Buyer |
Receive Loan Funds |
| |
|
| |
| |
|
Order Recording |
| |
|
| |
| |
|
Close File. Prepare Statements and Disburse Funds |
| |
|
| |
| |
Complete Closing Forward Final Documents To all Interested Parties (Buyer - Seller - Lender) |
|
Real Estate 
