Page 3 - Seller Resource Guide

ESCROW OPENED
Escrow number issued, contract and deposit received by escrow

Preliminary Report prepared and distributed for review

Additional terms and appropriate invoices from companies such as termite companies, homeowner
associations, roofers, inspection companies, home warranty companies etc. forwarded to the
Escrow O˜c er.

CLOSING DISCLOSURE SENT BY THE LENDER OR ESCROW OFFICER TO THE BUYER FOR REVIEW
Seller Closing Disclosure sent to the seller by the Escrow O˜c er
Estimated Settlement Statement sent to the respective buyer’s and seller’s agents

Escrow receives loan documents and lender instructions for scheduling the signing

SIGNING DATE IS SCHEDULED
Buyer and Seller to bring valid ID to the signing appointment
Buyer to bring funds to close

Signed documents are returned to the lender and funds are requested to close

Funds are received from the lender and documents sent to the County Recorder for recording

Confirmation of recording is received, funds are disbursed, final settlement statement is prepared
and final CD is sent to the buyer by the lender or Escrow O˜c er

CONGRATULATIONS
Escrow is now closed. Keys are typically delivered by the agents or the seller to the new
homeowner and the Owner’s Title Policy is delivered by mail.