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Welcome to the first issue
of Benchmark Title Company's new Title Tip of the Week Newsletter. We hope you find these tips informative and useful
to you
and your clients.
Dealing
With The Title Company
by
Sarah Holdener, Esq.
To
ensure a smooth transaction, we provide the following suggestions when
dealing with the title company:
- If your seller is
able to provide a copy of a prior title policy, please provide this to
the title company when placing your order. This may expedite the
process and could result in savings to your client.
- Most title
companies will send out a seller information letter to help them
expedite the processing of the transaction. This form may request loan
numbers and is used to provide authorization to the title company to
contact the lender on the seller’s behalf and request payoffs on the
seller’s mortgages. Please have your sellers complete and return this
document as soon as possible.
- The title company
will normally require two forms of identification at the closing, and
one must be a photo ID.
- Any funds required
to be brought into closing will need to be in the form of a wire
transfer or cashier’s check. Personal checks and cash are generally
not accepted.
- If your client is
closing on the sale of their home and the purchase of their new home
on the same day, be sure to notify your title company so they may
coordinate funding appropriately.
- Make sure your
seller brings a forwarding address and contact information to the
closing.
- The purchaser must
sign all necessary documents and their funds must be received by the
title company before the title company can pay out to the seller.
Any questions can be directed to Benchmark Title at 618-239-3750. Please
feel free to call or email:
Serving you from three convenient locations:
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Main Office:
1124 Hartman Lane
Shiloh, IL 62221
Ph: 618-239-3750
Escrow Fax: 618-239-3707
Title Fax: 618-239-3757
Fax Orders: 618-310-1589
President: John Howe
www.benchmarktitle.net
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318 North Main St.
Columbia, IL 62236
Ph: 618-281-9700
Fax: 618-281-9705
Manager: Randi
Schur
4215 S. State Rte 159
Glen Carbon, IL 62034
Ph: 618-288-1695
Fax: 618-288-1852
Manager: Sara Sowell
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Did you say free?
Be the first in
your office to try out SureClose.com,
Benchmark Title's new FREE online transaction management system. Why waste
time making status phone calls or standing by the fax waiting for your
title commitment when you can get what you need instantly from your own
computer. Visit SureClose.com
for more information or call April
Tolan, our SureClose Specialist, at 618-239-3750 for your sign-on so
you can start saving yourself time and money today. We'll even give you and
your clients a free CD at closing containing copies of their closing
documents.
Give me my policy!
Did you know that
lenders and home buyers now receive their title policies at the closing
table? Call Michelle
Null, VP Escrow Operations, to learn more about this exciting new
program.
Ready to Refi?
Lenders and
homeowners will want to hear about our fantastically low new refinance
rates. Call today for a quote!
Why wait?
You can place your
next title order now by clicking here.
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We send special notices and tips to customers who have given
us their email address or who have signed up to use SureClose, Benchmark's
new FREE online transaction management system. You may opt out of receiving
these messages at any time.
Our mailing address is:
Benchmark Title Company, LLC
1124 Hartman Lane
Shiloh, IL 62221
Our telephone:
618-239-3750
Copyright (C) 2007 Benchmark Title Company, LLC All rights reserved.
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