Eastern Oregon Title, Inc.

Life of an Escrow

(541) 963-8561 ~~ Fax (541) 963-2391

1601 Adams Avenue La Grande, Oregon 97850

 

 

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Life of an Escrow

  • Receive and Review - Sale Contract and Instructions
  • Obtain Names of Attorneys   
  • Order Title Report 
  • Obtain Name of Lender for Seller and Purchaser and Loan Status
  • Obtain Instructions for Request Assumption Interest Bearing Deposits Statements(s)
  • Receive and Review
  • Title Report
  • Request Payoff Demands
  • Request Clarification of other Title Exceptions, If Any
  • Request Fire Insurance Coverage
  • Receive and Review All Documents
  • Finalize Statements, Escrow Instructions and Pertinent Documents
  • Obtain Signatures and Closing Funds from Purchaser/Seller
  • Forward Documents for Return Loan Documents
  • Recording and Recheck and Request Loan Funds
  • Receive Loan Funds on New Loans
  • Disburse Funds
  • Forward Final Documents to All Interested Parties
  • (Seller, Purchaser, Lender, Contract Vendor, etc.)

 

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