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Fax or e-mail legible sales contract
with addenda to Beltway Title and Abstract, Inc. (Beltway Title)
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Advise Beltway
Title if seller(s) are out of the area and
will require documents to be sent via overnight prior to closing.
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If either buyer(s) or seller(s) will be using power of
attorney, advise both Lender and Beltway Title prior to closing.
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If
applicable, fax clear Termite Inspection Report with
invoice to lender and Beltway Title. Bring original to closing,
if
not already provided to lender.
REMEMBER: If the report
reveals infestation, lender will require proof of satisfactory
treatment.
If the report reveals damage, lender will require repairs
by a licensed contractor and letter from a licensed contractor
that necessary repairs have been made and the property
is “structurally
sound”.
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Advise Beltway Title of the commission
split and deposit and/or documentation/Administrative fees
to be
collected.
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Fax any unpaid invoices (e.g., plumbing
repair, window repair, etc.) and payoff information to Beltway
Title for inclusion on HUD-I and subsequent remittance
to contractors.
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If applicable, provide Homeowner’s Warranty
application to Beltway Title for inclusion on HUD-I
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Remind
buyer(s) to
bring certified/cashiers check, as well
as homeowners insurance policy and paid receipt, if not already
provided
to Lender.
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Notify Beltway
Title if the buyer(s)
are 1st time homebuyer(s) in Maryland.
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In the event your company
is holding
the buyer’s
earnest money deposit, which exceeds
the commission due, please bring the overage
check to closing, payable to: Beltway
Title and Abstract, Inc.