(N) Understanding the Closing Process - In Spanish
Monday, February 8, 2016 (10:00 AM to 12:00 PM)
Northwestern Dade Office, Hialeah, Florida
Sign-in: 9:30 am
Class: 10:00 am - 12:00 pm
Members: $15 / Onsite: $25
Non-Members: $30 / Onsite $50
You sold the house and are under contract so now what? Your
job as realtors is not done!
Understanding the Closing Process
Have you ever gone under contract after showing property to a
buyer for weeks or months only to have the closing fall apart on
you and you didn’t understand why?
Knowing the role of the title company, lender, appraiser and
property inspector will help you be proactive instead of reactive
when issues arise before closing. Impress your clients and peers
with your knowledge of everyone’s role in the transaction and help
your buyers and sellers feel more comfortable throughout the
Among other important topics, the class will cover:
-Communicating with the lender to ensure a smooth loan
-Contractual application deadlines and providing information
relevant to the loan.
-Providing access and scheduling the appraisal.
-Different stages of a loan from processing to underwriting to
loan commitment to clear to close.
-Receiving the Closing Disclosure and reviewing for accuracy.
-Communicating with the title agent to ensure a smooth
-Understand how to read the title commitment.
-Understand how to read the lien search.
-Common issues that arise in title commitments, lien searches and
surveys that could delay closing.
-Providing association, processing or other fees to the closing
agent to ensure an accurate Closing Disclosure.
-Coordinating the closing and final walk through.
-What needs to happen after the big stack of documents is signed
for your buyers to get keys and you to get your commission