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Our Process

Turnkey Purchase Procedure

Buyer’s information

Name
Email
Telephone
ID copy

LLC/Corp information (if applicable)

Name
State
Articles
Operating agreement
EIN (number and copy of IRS letter)

Once we have the above information, the following takes place:

  • Contract is signed by buyer (can be electronic signature)
  • Contract is counter-signed by seller
  • Deposit is sent to title company escrow account
  • Buyer inspection (if applicable)
  • Property management agreement is signed (if applicable)
  • Title Abstract is generated to prove clean title and all other title work is performed (approximately 3 weeks)
  • Loan documents are signed and notarized (if applicable)
  • Original loan documents are sent to title company (if applicable)
  • Preparation of closing documents and HUD Settlement Statement 
  • HUD (sometimes called an ‘Alta’) is reviewed by buyer and seller
  • Closing documents are signed by buyer (can be electronic signature if a cash purchase, otherwise, must be signed with a mobile notary)
  • Closing wires are sent by lender (if applicable) and buyer to the title company’s escrow account
  • Title company sends final closing documents (deed, executed HUD, title commitment) to buyer and seller and records the deed.