As the number of homes going into foreclosure increases, more homeowners are looking at the short sale as an alternative solution. At Bella Title Company, Inc., we have a great deal of education and experience with the process involved in these transactions. As a result, we have been able to successfully close many short sales while adhering to all requirements imposed by the lender.
Once the lender and all parties have agreed to a closing date and time all parties will come together to sign the legal documentation. The escrow accounts will carry all the money that would be used in finishing the closing procedure. Bella Title Company will ensure that all of its contents are being used for expenses that are strictly related to the settlement process. Disbursement of all funds related to the transaction will occur and ownership of real property passed to the new owner. Once a successful operation is completed, you will finally hold legal ownership over your dream home.
Step by Step the Bella Way
The reputation of results
1The first thing that we do as your title company is guarantee that there are no other existing property claims.
We ascertain that there would be no complications in property…
2Bella Title Company would then prepare the necessary in order to complete the closing process. We would also communicate with your lender and ask them about their implemented
FOR SALE BY OWNER
3Once the lender and all parties have agreed to a closing date and time all parties will come together to sign the legal documentation. The escrow accounts will carry all the money
4When the closing is completed the first step is to prepare the recording package and send it to the Clerk of the Circuit Court in the county where the property is located.