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News/Community Wire/Archive/May 27, 2011
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What needs to be done when transferring property

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What needs to be done when transferring property Property transfer is the last step in the process of buying and selling a house, and it is also the most important step. Because after the transfer, the house truly belongs to you...

Local families

What needs to be done when transferring property? Transferring property rights is the last step in the process of buying and selling a house, and it is also the most important step. Because after the transfer, the house truly belongs to you. Please bring the following documents when transferring the account: 1. Cashier Check or Bank Check. The balance should be based on the closing charge list (HUD-1 or Settlement Statement). 2. The buyer’s identity document (driver’s license, social security number, those with a green card must bring their green card). If the buyer himself cannot attend the transfer in person, he should prepare a legal agent document (Power of Attorney) in advance, and the agent will bring the documents to the transfer (but the consent of the borrowing bank is required). 3 House insurance receipt: Generally, the loan officer will ask for this receipt for you in advance. 4. All documents related to the purchase and sale of a house. Some buyers are very impatient and turn on all the water and electricity in the new house before closing the transaction. We do not recommend that you do this. Because only after the transfer of ownership, you are the real "owner". If you turn on water and electricity in advance or go to the post office to change your address to a new one, if something goes wrong during the transfer and the house is not bought, it may cost you an extra fee (for example, the account opening fee paid when turning on water and electricity, etc.). If you have any questions about loans and real estate, please come to Fujing Loan (in China City) or call (480) 275-9516. Our professional team will serve you wholeheartedly Email: FuJingFunding@Gmail.com MB#0908991, NMLS 176806

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