Buyers Guide

Free Market Report

The Escrow Process

1

Buyer and Seller Sign Purchase Agreement

2

Buyers Places Deposit into Escrow

3

Escrow holder orders preliminary report

4

Escrow Prepares all Documents

5

Escrow Holder reviews Preliminary Report

5

Request Demands for Payment

6

Escrow Reviews Documents

7

Escrow Forwards "Statement of Identity" to Clear Title Under General Index

8

Escrow Coordinates with Lender to Fulfill all Conditions

9

Loan Approval is Obtained

10

Escrow Holder Reviews All Documents to Ensure Conditions Are Met.

11

Escrow Receives All Loan Documents

12

Buyers Loan Documents Are Signed and Returned to Escrow

13

Escrow Requests Funds From Lender

14

Escrow Reviews Title Insurance Requirements & Escrow Receives Funds From Lender

15

Deed Is Recorded & Files Are Closed

16

Funds Are Distributed To Seller

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Kinsey & Jessica Realty

Kinsey: (424) 249-9703
Jessica: (424) 202-8240
KinseyandJessicaRealty@gmail.com
439 N Canon Dr, Beverly Hills Ca, 90210

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