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There are several steps leading up to the final sale of your property.


Title committment
Depending on the terms of your contact, a title commitment must be obtained, by the seller or buyer, by the date agreed upon.  It will have information about the status of the title for the house or property. This document informs them of the ownership rights to the title and the steps necessary to ensure the title is marketable.
 
Documents and inspections
As the seller, your role in the process is simple. Stay abreast of the progress of the transaction and acquire any documents that may be required for the closing. Chances are your home will be inspected by various parties on behalf of the buyer.  Call your North American Title representative if you have any questions.
 
Lender instructions
As determined by your state’s laws, your or Title Agent receives a series of instructions required to complete the transaction. The steps in fulfilling these transactions are the responsibility of each party and timely reporting of each action to North American Title ensures the transaction is completed in the most efficient manner possible. Once all the required insurances, documents and certifications are acquired, your Closer will take the steps to prepare the necessary items for closing your transaction.
 
Review the Closing Disclosure or Settlement Statement
Upon final approvals and acceptances, you will receive a Closing Disclosure or Settlement Statement, which is a statement with the actual closing costs or proceeds, before the final closing. Take the time to review this carefully and compare it to your original documents. The numbers should be very similar. If you see any errors make sure to report them immediately.
 
Close the transaction
At the predetermined time and location, all parties will meet at the closing table to close the transaction. That is where all documents are signed, funds are disbursed and your property is transferred to the new owner.  For situations where all parties cannot be present, consult with your North American Title representative about our extensive options for accomplishing your closing.
 
Please bring/have the following for closing:
 
  •   Valid Photo ID with signature for all parties (must be a U.S. driver’s license, U.S. ID card, or U.S. / foreign passport)
  •   Any monies required at closing
  •   Bring all parties to the transaction such as a spouse or co-owner