Page 14 - Homeowners Manual - Sacramento - Folsom
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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