We believe when everyone involved in a real estate transaction understands "what to expect and when" during this closing process it is the best path to a smooth and pleasurable closing. Assure America Title Company "What to expect and when" closing process flow chart describes each phase and process of a Real Estate Closing. The chart explain times frames & objectives for each stage of the closing. An informed client is the best client! Have questions? Call Anthony Crupi at our office at 877-427-9696

1. “WHAT TO EXPECT AND WHEN” DURING THE CLOSING PROCESS

2. STAGE 1OF YOUR TRANSACTION
STAGE 1 GOALS1. Collect client data
2. Open escrow and issue escrow letter
3. Identify title defects that could cause closing delays
4. Discover open permits, code violations, unpaid municipal
liens and utilities
5. Confirm Agent commission & transaction fees
6. Learn if Buyer and/or Seller can attend closing or
will require mobile closerWITHIN
• All parties contacted
• Client data is collected
• Title research is started
• File is assigned to closer
File Assigned
To Closing
Processor
48 HR
Title
Research
Municipality
Searched
For Liens
(3-10 business
days)
Client
Data
Inputed into
Ramquest
Property
Tax History
Searched
Client
Data
Collected
Formal
Introduction
made to all
parties
Pre–Processing
Questions about your closing?
Ask a Title Agent 888-348-7799

3. STAGE 2 GOALS
1.Title Agent/Closer sends out introductory emails
2. Notify all parties about title issues to be cured
3. Cure title issues
4. Send Title Commitment, Closing Disclosure
& Settlement Statement
5. Confirm closing date
6. Order estoppal, survey & pay-offs
7. Confirm escrow deposit
72HR
• Confirm desired vesting
for Buyer(s)
• Confirm marital status
and determine who
will need to join on
Deed/Mortgage
In To
Closing
Closer/Title
Agent
Introduces
Themselves to
All Parties
Confirm
Deposits &
Send 2nd
Escrow Letter
Send
Preliminary
Closing
Statement, Title
Commitment &
Municipal Search
Results to All
PartiesReview
Estoppels,
Mortgage
Pay-offs
& Survey
Examine
Title Search
& Municipal
Lien Search
Identify
& Track
Contract
Deadlines
STAGE 2OF YOUR TRANSACTION
Processing
Questions about your closing?
Ask a Title Agent 888-348-7799
WITHIN

4. STAGE 3 GOALS
1. Confirm Homeowner Association Approval (if applicable)
2. Closing location & time determined
3. Prepare Final Closing Statement & Closing Disclosure
4. Confirm proper signing of all documents by Seller
and Buyer
48 HRTO CLOSING
• Make sure the title
updates are clear
• Confirm names/pictures
match on documents
and ID’s
• Confirm any disbursement
authorizations for Agents
Closing/
Post-Signing
Order
Title
Updates
Verify All
Funds are in
our Escrow
Account
Buyer & Seller
sign their
respective
documents
Notary/Closer
Explains All
Closing
Documents
Schedule
Closing with
Notary/Closer
Obtain
CD/HUD
Approval from
All Parties
STAGE 3OF YOUR TRANSACTION
Closing
Questions about your closing?
Ask a Title Agent 888-348-7799

5. STAGE 4 GOALS
1. Comply with Lender requirements
2. Send all pay-offs, insurance & commissions
3. Send congratulatory emails confirming transaction
closed & funded
IMMEDIATELY
• Review & print file ledgers
• Scan checks & signed
documents to file scan
• Notify all parties that
the transaction has
successfully closed
File Sent To
Post-Closing
Obtain
Funding
Authorization
(if applicable)
Disbursement
of Funds
Overnight
Pay-offs,
Insurance &
Commissions
Send Lender
Package(s)
(if applicable)
Print
Checks &
Send Wires
Review
All Signed
Documents
AFTER CLOSING
STAGE 4OF YOUR TRANSACTION
Closing/
Post-Signing
Questions about your closing?
Ask a Title Agent 888-348-7799

6. 1. Review all Closing Documents
2. Record Deed
3. Record Mortgage(s) (if applicable)
4.Title Insurance Policies issued to Owner(s) and
Lender (if applicable)
5. File scanned for storage
FINAL STAGE GOALS
Questions about your closing?
Ask a Title Agent 888-348-7799
30DAYS
• Final review of Closing
Documents, Legal
Descriptions &
Deed recordings
• Send Buyer recorded
Deed & Policy
File
Digitally
Stored
Issue all
Title Policies
&
Endorsements
Verify
Satisfaction
of Prior
Mortgage(s)(if
applicable) has
been Recorded
Complete
File
Scanned
Update
Name
& Tax
Searches
Update
Title
Searches
Record
Deed &
Mortgage(s)
WITHIN
AFTER CLOSING
FINAL STAGEOF YOUR TRANSACTION
Post-Closing

7. WHAT IS TITLE INSURANCE ?WHY THE OWNER’S TITLE INSURANCE POLICY IS SO IMPORTANT
Title insurance is used by home buyers and Lenders for protection against back taxes, undisclosed liens, legal judgments,
forged signatures in the chain of title, recording errors, fraud and a host of other potential legal/financial problems
including claims by missing heirs and/or an ex-spouse. In short, TITLE INSURANCE PROTECTS FROM FUTURE LOSS IF
A COVERED CLAIM AGAINST YOUR PROPERTY IS MADE.
AN OWNER’S POLICY
Protects you and provides assurance that your Title
Company will stand behind you if a covered title problem
arises after you buy a home.
Title insurance is about protection; protecting YOUR HOME,YOUR FAMILY AND YOURSELF.
IT IS ABOUT PREVENTING A MISHAP, or lessening the severity of its impact. Unlike most insurance policies,
title insurance is a one-time-only fee. An Owner’s Policy will protect you if you and your heirs have
an interest in the property.
A LOAN POLICY
Protects the Lender for the amount of the loan.
If you only have a Loan Policy you are not
protected if a problem materializes with your title.
FOR MANY, A HOME IS YOUR MOST VALUABLE MATERIAL ASSET.
IF A COVERED TITLE ISSUE ARISES AFTER CLOSING, AN OWNER’S POLICY WILL PROTECT YOU.
Questions about your closing?
Ask a Title Agent 888-348-7799

8. HOW TO PREPARE FOR A CLOSINGBE PREPARED. BE AVAILABLE.
YOU WILL WANT TO HAVE THE FOLLOWING ITEMS COMPLETED OR IN HAND WHEN YOU COME TO THE CLOSING/SIGNING...
TIME IS OF THE ESSENCE To avoid delays or a postponement of your closing, be sure to respond to your Lender and
Title Company requests immediately.
ASK QUESTIONS For many people the closing process can be overwhelming. Do not be afraid to ask questions to your
Lender, Real Estate Agent and/or Title Company. Trust us to guide you through the closing process.
BUYER
Cash due at closing must be a Same Day Fed Wire
Review your Settlement Statement in advance of closing
Bring your spouse if you are getting a mortgage
All documents required by your lender
Proof of purchase of Homeowners Insurance for your lender(if applicable)
Valid Photo ID with signature for all parties (must be a U.S. driver’s license,
U.S. ID card, or U.S./Foreign passport)
Original Association Approval (if applicable)
Be available for your final walk through
Coordinate arrangements to get property keys
SELLER
Invoices for any unpaid taxes,utilities and assessments
Receipts for paid taxes, utilities and assessments
Proof of satisfaction of any mechanics’ liens, mortgages,
judgements or loans that were paid prior to the closing
All parties on Deed must be present at signing
Bring voided check or proof of wire instructions for proceeds
Valid Photo ID with signature for all parties (must be a U.S.driver’s
license,U.S.ID card,or U.S./Foreign passport)
Be available for your final walk through
Leave House Keys, Remotes, Gate Keys & Mailbox Keys
Cancel or Transfer Utilities
Cancel Your Insurance Policies
Questions about your closing?
Ask a Title Agent 888-348-7799