1. Before Closing the Note Be sure the:
[] Senior Loans are paid
[] Taxes
are current
2. What to take to Title Company at Closing:
[] Origional Assignment and Request for:
* Notice
* Cashier's Check
* Bill of Sale
* Hazard Insurance Letter
* Note Seller's
Offset Statement
[] Pay Me Now Letter (See Document Transfer of Loan to New Payee)
[] Request
for 104.1 Endorsement.
3. What Note Seller Brings:
[] Origional Note
[] Original Trust Deed
[] Escrow Paperts of Note
[] Hazard Insaurance Papers
[] Loan Payment Book (if available)
[] Checkbook for 104.1 Fee
4. What you get:
[] Original Note
[] Original Trust Deed
[] Loan Payment Book
[] Hazard Insurance Papers
[] Loan Payment Book (if available)
[] Checkbook for 104.1 Fee
5. Title Company gets:
[] Original Assignment
[] Request for 104.1
[] Check for 104.1
6. Note Seller gets:
[] Copies of Everything
[] Cashier's Check
7. Items to follow:
[] Next Payment from Property Owner
[] 104.1 Endorsement
or New Title Policy
[] Hazard Insurance Endorsement
[] Original Assignment from Recorder's Office
[] Major Headings (Clips in Note Folder)
8. Property:
[] Photos
[] Escrow Papers Note Created
[] Termite Report (Optional)
[] Appraisal or Confirmation of Property Value
9. Title:
[] Title Policy
[] 104.1 Endorsement
[] Profile Optional
10. Note Seller:
[] Bill of Sale
[] Copy of Cashier's Check
[] Note Seller's
Offset Statement
11. Note Facts:
[] Copy of Note
[] Copy of Trust Deed
[] Copy of Assignment
[] Copy of Request for Notice of Default
12. Senior Loans:
[] Information on Senior Notes
[] Senior Hello Letter
