From Escrow to Closing Please contact us about buying real estate in the Greater Philadelphia Region. Agent delivers Contract to Title Company with Earnest Money Check. Title Company opens file and orders Title Commitment and Taxes. Title Company obtains pay off information from lender.
Buyer applies for loan, if necessary.
Buyer orders termite inspection, if required. Buyer orders mechanical inspection, if required. Loan approval received from loan company. Confirm closing date and time with Escrow Officer at Title Company. Title Company receives loan closing instructions from loan company and prepares necessary documents and closing statements pursuant to loan company's closing instructions.