sqfc_the_settlement_process.jpg

Settlement Process

The Settlement Process Is Simple With SellQuickForCash.com!

1. Upon the successful completion of your home visit with our Home Buying Specialist our company submits your information along with your signed financial authorization letter and signed purchase agreement to Fidelity National Title, our chosen settlement company.

The settlement company that SellQuickForCash.com uses: 


Fidelity National Title
Janet Navarrette-Moe

11225 N. 28th. Dr. Suite A-100
Phoenix, AZ 85029

(602) 504-3586
fidelity.gif

 

Upon receipt of that information we submit, the settlement company confirms they have all the necessary information they need to begin their due diligence. If additional information is needed, they will contact our company (or you) for any missing documents.

2. To prepare your property for closing, the settlement company will order a title search and updated lien payoffs. A title search is a process by which the settlement company researches the history of the property through the land records to ensure that you are the actual owner and that there are no complications in the current ownership and titling of the property. They also request updated lien payoffs which means they request a final payoff amount from your mortgage company and any other liens attached to your house. The payoff is the exact dollar amount that needs to be paid off on the day of settlement. Sometimes, upon performing this due diligence, the settlement company will discover things that you as the owner never knew existed, or they will encounter mistakes that were once made by other banks or companies. The settlement company is usually able to get information easily and schedule your settlement for the date originally planned.

3. In cases where the settlement company encounters problems in the title or additional lien payoffs, it usually takes additional time to resolve such issues. It is their duty to produce clear and equitable title so that our company can buy your property. In cases where the title isn’t clear they may have to do some additional research or talk to additional people to ensure that they can resolve any issues they see. In cases where they find there are additional liens on your property, it will take them more time to get payoff information on each lien so that it can be incorporated into your final payoff. In these situations, the settlement company does its best to keep to the original settlement date, but sometimes they may need additional time to resolve these items, thus delaying settlement by a few days.

4. The settlement company coordinates and schedules the settlement date with you and Sell Quick For Cash, LLC on the day and time that is most convenient for you. Settlement is conducted at the office of the settlement company. They request that you bring all your house keys, a form of identification, and a voided check with you to settlement. The settlement process usually takes 30-45 minutes. You will meet with Janet Navarrette-Moe and her staff who will explain the entire process to you. During this time they will confirm that you are the owner of the property. They will then review with you and have you sign a HUD-1 settlement statement, which details all debits and credits that you are to receive upon the sale of the house. They will also review with you the new deed of the property in which you will sign, granting ownership of the property to Sell Quick For Cash, LLC. Finally, they will collect your bank information to confirm how you would like your proceeds disbursed. They will explain to you when you can expect your money and will disburse it to you as soon as it is available.

THAT’S IT…IT’S THAT EASY!  SellQuickForCash.com makes the whole home selling process as quick and efficient as possible so that you can sell your house fast for cash and gain peace of mind!  Our team of professionals look forward to speaking with you about your specific situation and the options available to you.  Call 602-626-3598 today!

 

 
Your Name:
Email Address:
Phone Number:
Total Amount Owed:
Behind On Payments?
Is Your House Listed?
Beds/Baths:
Estimated Value?
Property Address:
Why Are You Selling?
How did you hear about us?
Square Footage?
What is the current condition of the property:
Which option best suits your needs?


Latest Real Estate News