Before we give you a check, we want a clean deed to your property. And you want to receive a check before you sign over the deed to your property. We accomplish this by using neutral third parties to help you and us complete the transaction. Their job is to ensure that everything is done correctly before the deed and the check exchange hands.
Escrow Company: the escrow company performs the title research, works with us and you to resolve any issues, prepares all the documents, and collects all of the required signatures. We pay the escrow company for your property and when they have everything they need from you, they release the funds to you via bank wire or certified check. Finally, the escrow company records all of the required documents with the county. Don’t worry, you don’t need to physically travel to the escrow office. They can do everything via notaries, documents overnighted to/from you, etc. Since using an escrow company can be expensive (about $1000-1500, depending on the complexity of the transaction) we use them for higher value properties.
Mobile Notary: for less expensive properties, we use our in-house staff to perform the title search and prepare the documents. We then schedule a mobile notary to meet you at your convenience. The mobile notary will verify your identity as the person authorized to sign the deed and then notarize your signature. When that is complete, the notary will give you a certified check, mail everything back to us and our staff records the documents with the county. Our cost for all of this is about $400-500.