You should bring two forms of identification, including at least one valid government-issued ID such as a passport or a driver’s license. Additionally, if you are planning on having proceeds wired to your account, you should also being a copy of your bank’s wiring instructions or a voided check.
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As the seller, you’ll only have to sign a few documents at closing. In most cases, you’ll just have to sign the settlement statement, the deed, some tax forms, and a property owner’s affidavit.
After closing, you’ll receive copies of all the papers you’ve signed.
There are a number of reasons why the payoff balance may be higher than the amount shown on your monthly statement.
The most-common reason is that your monthly statement only shows the principal balance that’s currently owed, and does not include the additional interest accruing every day. Many times, this interest accounts for the difference between your statement balance and the final loan payoff. There are, also, other factors that can affect your payoff: there may be a shortage in an escrow account, there may be owed late fees or other lender charges, or there may be a prepayment penalty associated with your mortgage.
We always obtain a written payoff statement from your mortgage company, and will happily give you a copy if you want one.
Checks are written after closing as soon as we have collected funds in our trust account and the lender’s authorization to disburse. Ordinarily this happens shortly after closing, but sometimes may take several hours; and closings that occur late in the afternoon may not fund until the next morning.
We encourage you to bring a copy of your wiring instructions to closing, and we will happily wire your proceeds to you as soon as possible. We do not charge for wires.
For more information, please feel free to request a copy of our funding and good funds notices.
Absolutely. Just bring your bank’s wiring instructions with you to closing, and as soon as we disburse the proceeds from the sale, we’ll wire them into your account free of charge.
For most banks, a voided check is sufficient to allow us to wire your money to you. However, if you want us to wire proceeds to a credit union or money market account, you should confirm your financial institution’s wiring instructions before closing.
Once initiated, wires typically take from one to four hours to get from our bank to yours.
It’s easy to select Harlan and Associates as your closing attorneys!
Under the Georgia Fair Lending Act, also known as GAFLA, the borrower has the right to select the closing attorney. When you are applying for your loan, simply look for the attorney preference checklist and make sure you chose Harlan and Associates to close your loan. Your mortgage broker will then get in touch with us, and we’ll take it from there!