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F.A.Q.

Glossary

                  Before signing any loan and escrow documents, please use the following checklist to be sure that everything is to your satisfaction. Be sure to discuss any uncertainties or issues you may have with your real estate agent and loan officer, or escrow officer.
 
                                                                 Checklist for BUYER:
Is the purchase price correct?
Is your name spelled correctly on all documents?
Are the title vesting and legal description correct?
Have all the loans and deposits been credited to you?
Are all the loan amounts, interest rate, due date, prepayment terms, premium amounts (if any) correct?
Are the prorations correct?
Are all the fees correct?
Is the correct closing date given?
Do you understand the due dates for all your payments?


                                           DOCUMENTS EVERYONE RECEIVES AFTER RECORDING
 

Document

Buyer
Seller
Lender
CLTA Policy
Original
   
ALTA Policy
    Original
RESPA Policy
Copy
Copy
Original
Bill of Sale
Original
   
First Insurance Policy
Copy
Old policy
Original
Promissory Note
Copy
  Original
Grant Deed
Original
   
Deed of Trust
    Original
 
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