Hello Real Estate Friends!
We hope Spring is helping you feel vibrant and well on your way to a blossoming season!!
We have been asked on occasion why we now request your buyer and/or seller contact information as part of our closing transaction process. If you can please provide buyer and seller contact information right away, it will help ensure we can best serve you and your clients. We always want you and your customers to have a wonderful closing experience, and one with ease and no delays.
Here are some specific reasons why we need this information:
- Verify important details: Having contact information for both parties allows us to verify important details and sort out any discrepancies before the closing. This is especially important if parties are signing remotely or digitally, as it helps us ensure that all parties are who they say they are and that everything is above board.
- Any discrepancies in documentation: If we do find discrepancies, having accurate contact information allows us to reach out to the parties involved and resolve the issue as quickly as possible.
- Providing buyers and lenders our wiring instructions. To help ensure the safety and security of your client’s transaction, we utilize a secure platform, called CertifID, to distribute and retrieve wiring information. Correct contact info is necessary to distribute this information.
- Proceeds distribution: We also need to verify how sellers want to receive their proceeds. Having accurate contact information helps us ensure that everyone gets paid in a timely manner.
- Post-closing verifications: In some cases, we may need to verify information after the closing. Having accurate contact information for all parties involved can save time and hassle during this process.
We cannot stress enough how important it is to obtain buyer and seller contact information upfront. By having the information early in the title order process, we can also prepare for any unique situations which may require extra attention or documentation. Whether it’s a Power of Attorney or an out-of-state seller, we’ll be ready to handle it with the proper care and attention to detail you should expect from us.
At the end of the day, we’re here to help you and your clients have a successful closing experience! Let’s work together to make the closing process a breeze! Give us that contact information upfront, and we’ll take care of the rest.
Thanks for choosing us as your trusted title company. We appreciate you so much!!
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