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What is one of the most important pieces of making a smooth transaction?
What is Setting Expectations
What is the first 2 thing we should do in the House Buying Process after contracting?
What is Send the purchase agreement to the attorneys/The Client
When is title search reviewed and who reviews it?
What is reviewed in order of closing date and closing attorney
The name of the appointed person over an estate
What is a personal representative/executor?
How do we make the client feel that they made the right decision?
What is using Professionalism
What are the 2 documents that sellers must fill out before closing?
What is the engagement Letter & Info sheet
Who does the title search?
What is a title abstractor
The process that gives the attorneys insight on previous history of owners and mortgages
What is running title?
What is important NOT to do when communicating with seller expectation's
What is OverPromising or Speaking in Absolutes
In Charleston when will the attorneys run title?
How long does Title Search take in CHS?
What is 1-3 weeks.
The process that must happen if a property was bought at a tax deed auction
What is a quiet title?
How can you make a client feel like you are not a stranger to the purchasing process?
What is using real life examples
What does a title search show? (must name 3)
What is: Ownership History, Liens /Mortgages / Easments/ Restrictions/ Legal Descriptions / Pending Actions (Foreclosures, lawsuits, Probate) / Any other recorded documents
When do we run title in NON CHS Counties
What is when we confirm its a deal
When closing an out of state property....what are the sellers options? (name all 3)
What is a POA, a mail away closing, or come to the closing?
What is one of the best ways in Setting the Expectation before or right after signing a contract?
What is walking the client through what the process will look like for them
What does it mean to have a clear and marketable title?
What is free of unpaid liens/mortgages, no ownership disputes, no restrictions)
When closing, what is one of the important thing for the attorneys to know about the seller?
What is where the seller plans to close
How can a seller be paid?
What is Check or Wire (NOT CASH!)