Buyer Selects Settlement Agency
In the purchase contract, the buyer has selected who will perform the settlement duties. To view an example of some settlement agencies and the fees they charge, please click on:
If you can find the title insurance policy from your home purchase, it will help your buyers with the purchase of their title insurance (especially if it is less than 10 years old). It's a very nice gesture and greatly appreciated by the buyers.
You will need to notify your current mortage holder of your pending settlement in order to get payoff amounts for settlement. Your agent will be checking with you to make sure the settlement agent has all the information they need.