Page 14 - Homeowners Manual - Butte County
P. 14

BUYER’S CHECKLIST
          A start to finish checklist on what you’ll need to provide and what to expect throughout your escrow
          transaction.


          Prior to Escrow Signing

          Escrow Requirements
          •  Let your Escrow Officer know the best way to contact you (telephone numbers including home, cell or work
              and email)
          •  Fill out the information request form (provided by Escrow Officer)
          •  Decide how you would like to hold title to your new home. You may want to consult with a lawyer or a
              qualified professional before making this decision.
          •  Let your Escrow Officer know if funds are coming from the sale of an existing home.
          •  Upon receipt of your loan documents, your Escrow Officer will call you with the amount needed to close,
              which is required in the form of a wire transfer or cashier’s check payable to Old Republic Title.

          Hazard Insurance
          •  Obtain quotes and choose your agent and coverage.
          •  Give your Escrow Officer the agent’s name and phone number (preferably 30 days prior to close of escrow).


          Loan Approval
          •  Provide lender with all documents for the loan approval.
          •  Ensure names are spelled correctly on loan application and as you would like them to appear on your deed.
          •  Remind your loan agent that the Escrow Officer needs loan documents prior to your appointment date (24
              hours in advance, if possible).




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