Closing
(up to 15 Days)

Upon receipt of the Trustee Bank’s authorization and instructions to close, the Notary will notify the Purchaser to deposit funds into escrow within five days of the closing date or as soon as possible. The Closing Officer, company, and/or law firm will prepare a draft settlement for both parties’ review, as well as final wire instructions for the Purchaser’s final deposit. Both parties will authorize and sign the final Settlement Statement, which will be sent to the Escrow Agent. The Purchaser will fund escrow with the remaining balance of the purchase price, closing costs, and any additional fees. Once the Escrow Agent confirms receipt of the funds, the necessary documentation for transferring title will be completed, including obtaining signatures from the Trustee Bank, Purchaser, and Seller or their proxies. The Notary will submit to the Escrow Agent a copy of the executed Trust Deed, certificates of no liens and tax debt, a notice of sale filed in the public registry, and a letter confirming transfer of title. The Escrow Agent will review the documents and release all funds within two business days if all conditions in the escrow agreement are met. This transaction is now closed.