Get Agent39s Escrow Checklist - Ticor Title

The Agent39's Escrow Checklist is a vital document in the real estate transaction process. Completing this checklist accurately ensures smooth execution of the escrow process, making it essential for all users, regardless of their level of experience.

Follow the steps to complete the checklist effectively.

1. Press the 'Get Form' button to access the Agent39's Escrow Checklist and open it in the online editor. This will allow you to input the necessary information directly into the form.
2. Begin by entering the property address in the designated field and specify the Close of Escrow (C.O.E.) date where indicated.
3. In the first section, document the date when various tasks are completed. This should include delivering copies of the purchase contract and other related paperwork to your Ticor Title office along with the Buyer's earnest money.
4. Ensure that you include copies of the required documentation listed, such as the name and company of the cooperating agent, commission split, existing loan information, and any relevant special instructions for the escrow officer.
5. Record the receipt for earnest money, making sure to note the assigned escrow number.
6. Within 5 to 7 days after opening escrow, note that you will receive the escrow instructions and preliminary title report.
7. Review the escrow instructions carefully. If corrections are necessary, make those adjustments before returning the document to the escrow officer.
8. Ensure all relevant parties sign the escrow instructions and submit the signed document back to the escrow officer.
9. Return the commission order signed by the broker to the escrow officer to proceed with the transaction.
10. Follow on the loan process diligently by getting a commitment for loan documents ready prior to the escrow close date.
11. If a home inspection is required, inform the escrow officer about any necessary repairs and when you will provide the receipts.
12. Advise buyers to secure a new Home Hazard Insurance policy, ensuring that both the buyer and property qualify for coverage. This policy should be sent to the lender or escrow officer, along with the insurer's information.
13. Inform buyers that a cashier's check made payable to Ticor Title will be required at the close of escrow.
14. Notify the escrow officer once the buyer has obtained loan approval.
15. Schedule a closing appointment with the escrow officer, making sure to document the date, time, and office location.
16. Finally, check on miscellaneous items such as home warranty provision, termite inspection, repair bills as per contract, walk-through inspection, and insurance.
17. When all sections of the form have been filled out, you can save changes, download, print, or share the completed checklist as needed.

Complete your Agent39's Escrow Checklist online today for a seamless escrow experience.