Prepare escrow instruction

and pertinent documents

Obtain signatures

Request

Beneficiary Statement

Order title search

Receive and review

preliminary report

Buyer to apply

for new loan

Provide lender with escrow

instructions

Request beneficiary statement and

enter into file... review terms of

transfer and current payment status

(is prior approval necessary to record?)

Provide new lender with certified

copy of reciepts for buyers deposit

and estimated HUD-1

Review file to determine that all conditions have been met and that all documents are correct and available for signature

(pest inspection, contingencies released, fire insurance ordered, additional documents,

Second Deed of Trust, Etc... have been prepared.)

Order Demands (if any),

request clarification of other liens

(if any) and review taxes on report

Receive demands and

enter into file

Order Homeowner Association

demand and documentsLender notifies escrow of loan

approval/conditions and

loan documents are ordered

Figure file and request signatures on all remaining documents

Request loan fundsObtain funds from Seller, (if any) Obtain funds from Buyer

Receive lender funds

Order recording

Closing file: prepare statements and disburse funds

Complete closing and forward final documents to all interested parties...

Buyer, Seller, Lender and Brokers, (if any).

LifeESCROWof an

Courtesy of...

First Arizonaitle Agency

First Arizonaitle Agency