Page 3 - Home Buyers and Sellers Handbook English - California
P. 3
TABLE OF
CONTENTS
Old Republic Title Company Information A
Success on Your Terms 01
Buyers B
Common Ways of Holding Title 03
CA Co-Ownership Interests 06
Escrow & Closing C
Opening The Escrow 07
What The Escrow Company Does 07
Escrow Instructions & Your Closing 07
The Escrow Process Chart 08
Common Terms 08
Top Things Consumers Should Know About The Closing Process 09
Statement of Information D
Guide to Statement of Information 11
Title Insurance E
Title Insurance - What Is It? 13
Types of Title Insurance (Policies) 13
7 Reasons Why Every Homebuyer Needs Owner’s Title Insurance 15
Preliminary Report F
Preliminary Report - Some Basics 17
Closing Costs G
Common Property Taxes 19
Property Tax Calendar 20
CA Guide to Closing Costs 21
CA Proposition 19 22
Understanding Supplemental Property Taxes H
Supplemental Property Taxes 23
Living Trusts I
Living Trusts - Some Basics 25
Probate J
Probate - Some Basics 27
FIRPTA K
FIRPTA Withholding Rule 29
Seller’s Checklist L
Prior to Escrow Signing 30
After the Escrow Signing 30