Member Login
X
The username/password you entered is invalid.

If you had a membership on our old site, you must re-register.

» Login Here
You are now logged in!
Please fill out the form below to login.

Email:  
Password:  
Forgot Password? Login!
Forgot Password
X
The username you entered is invalid. Please try again.
Your password has been emailed to you.
Please enter the email address that was used to register. After submission, your password will be emailed to you. Please note, if you were registered on the old version of our site, please re-register to continue.

Email:  
Email Password
Return Home Loans / The Closing/Escrow Process
"Our website is a great place to start, our Realtors® are a great place to finish"
The Closing/Escrow Process

Spacer Spacer Spacer Spacer Spacer
         
When the buyer and seller sign the Real Estate Purchase Contract, The REPC is completed. (Under Contract)   Payoffs are updated and assessment for water and sewer, etc. are obtained.   Package is sent back to the lender for approval.
     
The agent orders a commitment for title insurance with the title company. Loan documents are received by the the title company from the lender. Request funds from the lender and approval to record.
     
The REPC is delivered to an escrow officer (title company) Closing notification comes from the lender. When all funds are received the title company records the documents with the county recorder.
     
A title report is prepared by examining documents of public record. Escrow officer prepares buyer's and seller's pertinent documents per the lenders closing instructions.(such as the settlement statement) Disburse Funds to all parties.
     
A commitment for title insurance is delivered to the lender, and the seller's and buyer's agents. The signing of the documents (settlement) takes place. Copies of all documents are given to the appropriate parties. Close File
- Record Documents
- Issue Title Policies
Payoffs are ordered and all exceptions reviewed. File gets reviewed to determine that all conditions have been met and that the documents are properly executed, notarized, and good funds received. Congratulations Property Is Closed!
     
         
Utah Real Estate Tools
Hot Deals Alert!
Hot Deals Alert!
Get notified when the hottest deals become available via text messaging or email notification.
-----Listing Alert
Listing Alert
Receive email notification of new listings that match your search criteria.
-----Utah Foreclosure Listings
Utah Foreclosure Listings
Foreclosed homes for sale in Utah, bank owned (REO), government foreclosures, hud homes and foreclosure auction homes.
-----