Ok, so you have signed your contract and chosen Lytle Title to handle your side of the closing, so what happens now? Well, first of all you can be confident that we will take care of you.
Really, most of what we will do for you is done in the background and you need to interact very little with our office, which is what most clients want. You are more than welcome to contact us personally, however, or you may choose to follow us every step of the way with our online transaction tracking
After we are asked to assist you with the sale of your home, we will obtain the information necessary to have your deed drafted (Lytle Law will draft the deed as only attorneys are authorized to do so). We will order your payoff information and help coordinate getting the necessary information to the settlement agent. As the process moves forward, we will work with the settlement agent, your agent, and the buyer's agent and attorney to coordinate all of the details necessary to get you closed.
We will assume the closing date specified in your contract and schedule a specific time for you to sign your documents once we get a better feel for everyone's schedule – which is usually scheduled in conjunction with your agent. Typically, in this area, buyers and sellers do not attend closing together (sellers do not have nearly as much to sign as buyers do), and quite often you will be able to sign everything before closing to be held in escrow by us. So, a seller closing usually consists of you stopping by our office before closing, at a pre-arranged time, and signing and reviewing the documents with your agent and a Lytle Law attorney. This signing process usually takes 15 to 30 minutes. Finally, we will coordinate getting your sale proceeds to you, which are available after the deed is recorded, which is usually the day after closing. Usually the seller check is picked up at our office, but we can make arrangements to wire your money or have it delivered to you by courier or overnight for a nominal charge.
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