Fully executed contract if purchasing/selling the property. Termite Letter if you are purchasing the property. Evidence of property insurance. Commission agreement if a real estate agent is involved in the transaction. Payoff information if you are selling or refinancing the property.  Many banks require a signed authorization from the seller/borrower before they will release this information.  In order to facilitate this process, you may use the following letter: Payoff Authorization.  Please provide the completed authorization at least 1 week prior to closing.  1 authorization per loan payoff will be required. Contact information for any homeowner’s associations including contact name and phone number. Any documentation required by your lender.