Sellers

Sellers Typical Costs

Accepts Buyer’s Offer to Purchase an initial good faith deposit to open escrow.
Submits documents and information to escrow holder, such as: addresses of Lien holder, tax receipts, equipment warrantees, home warranty contracts, any leases and/or rental agreements.
Approves and signs the escrow instructions, grant deed and other related document required to complete the transaction.
Orders inspections, receives clearance, and approves final reports and/or repairs to the property as required by the terms of the purchase and sale agreement.
Fulfills any remaining conditions specified in the contract and/or escrow instructions; approves the payoff demands and/or beneficiary’s statements.
Approves any final changes by signing amendments to the escrow instructions or contract.
Receives an order for a title service.
Examines the public records affecting the real property and issues a preliminary report. Determines the requirements and documents needed to complete the transaction and advises the escrow officers and/or agents.
Reviews and approves the signed documents, releases in the order for title insurance, prior to closing date.
When authorized by the escrow officer, records the signed documents with the County Record Recorder’s office and prepares to issue the title insurance policies.