Closing Time: Tips for a Smooth Transaction

Posted on | January 27, 2021

Want to learn more about how you can better prepare for your closing date?

AmeriTitle knows all about title & escrow; we take pride in providing the best closing experience for everyone involved – that means agents, lenders, and their customers. In order to help throughout this transaction, we thought it would be best to outline some quick tips and tricks that can ensure a smooth and easy transaction.

Provide the following to your escrow team:

  • The completed and signed Earnest Money Agreement (EMA). Be sure the EMA is legible.
  • All addendums to the EMA.
  • A commission verification form.
  • Phone numbers, email addresses, and/or fax numbers for your clients and/or the lender they are using.
  • Any additional insight or information regarding your customer(s) that may help make the process go without a hitch the day of closing – such as:
    • The need for a translator;
    • If they are visually, audibly, or physically impaired;  
    • If they require separate signings (i.e., divorce)
  • Homeowner’s association contact information

Other quick tidbits:

  • Carefully review the title commitment – if any questions arise, contact your escrow team ASAP!
  • Encourage the seller to:
    • Provide payoff authorizations promptly.
    • Review their state withholding requirements with their accountant (if applicable).
  • Encourage the buyer to:
    • Notify your escrow team immediately should an issue or problem arise before the closing date.

Check out AmeriTitle’s Client-Resource Guide to prep before your closing date!

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