Title order with the Title Company.
Customer Service veries Legal and Vesting, and sends to Escrow.
The Title order goes to the Production Department, property information is searched, recorded documents are examined, and a Preliminary Title Report is produced.
The Preliminary Title Report is emailed to Escrow, the Real Estate Agent, and Lenders for their review.
Escrow submits new documents, demands, and Statement of Information to the Title Officer; the Title Officer reviews all new information.
The Escrow Officer sends Title all documents necessary to record the sale or refinance.
Upon loan approval, the new lender funds the loan.
The Escrow Officer sets up Recording with the Title Unit and provides the Title Unit with the dollar figure expected from the new lender.
A date down is done to check for tax payments and any newly recorded items that may affect the transfer of Title and/or loss of priority.
Documents are recorded at the County Clerk – Recorder’s Office.
Old loans are paid off and any proceeds are sent to Escrow.
The Title Officer writes the Title Policies.
The Buyer and Lender’s Title Policies are typed and distributed.