Closing Flashcards
1
Q
What order should closing docs be in?
A
1) Note
2) Deed
3) Everything Else
2
Q
Which documents need notarized at closing?
A
1) deed of trust
2) Affidavit of Occupancy
3) Errors and Omissions
3
Q
What is the Affidavit of Occupancy?
A
Verification that the property is primary residence.
4
Q
What days can disbursements be made?
A
Monday- Friday
5
Q
What days can rescission be made?
A
Monday-Saturday
6
Q
What does a quick claim deed do?
A
Changes how your name appears on deed of trust
