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If you presently have a mortgage on your property we will obtain a written "payoff demand" letter from your lender. Please provide us with your social security number and the name, telephone number, and account number.
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If in addition, we are to pay-off a home equity line or other loan, let us know this as well. Please do not "draw" on the line after today without letting us know. Payoffs often take your lender 5 business days to process.
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If you have a copy of the title insurance policy and survey you received when you purchased your property, please send us both by facsimile to (866) 325-3559.
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If the property is a condominium, please supply us with the name, address and telephone number of the management agent to whom you pay your condo fees, along with your account number. If you would like us to note the charge and pay the association fee on the settlement sheet, please let us know.
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Please call us with the social security number of each seller (or the Tax ID number, if a seller is not an individual).
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We assume that each seller will attend settlement in person. Please let us know if any seller will not be attending settlement so a power of attorney (in correct FL format) can be drafted on there behalf.
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Please make sure the termite inspection report gets delivered to us, the buyer's agent and the lender.
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We will order a title report on the property showing all recorded liens, defects, and other potential problems in the chain of title. We will contact you immediately if there are problems with your title. Make sure we know where to reach you if you are traveling. We request an e-mail address to automatically notify you of status changes.
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You should advise all appropriate utility companies of the sale, e.g. water, gas, electric, telephone, cable, and others.
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Advise your homeowner's insurance company of the closing date and request a pro-rata refund of your fire insurance premium. Keep the coverage in place for 48 hours past closing.
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When we pay off your mortgage, your mortgage company must, under law, refund to you any escrow/reserves they may be holding. Note on your calendar a date three weeks after settlement to confirm you have received these funds.
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Please bring your house keys, garage door openers, warranties on new appliances, alarm systems or any information that may be of use to the buyers, to settlement.
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When will we actually close? Everyone will work towards settling on the target date selected by buyer and seller. But, settlement cannot legally take place until we have collected documents from many sources, including the County Recorder’s office, the taxing authorities, surveyors, and buyer's lender.
How will you receive your money?
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We can courier you a check, or you may come by after settlement (next business day, normally) and pick up an ASI Title Corporation escrow check. Wires can be arranged for an additional $35.00 cost. In the cases where the lender will allow “table” funding your check will be available at the time of closing.
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Please bring a photo identification to settlement (this is required by our title insurance underwriter).