FAQs
Real estate transactions involve complex legal and financial layers that can often feel overwhelming. Our FAQ section is designed to strip away the jargon and provide the straightforward answers you need.
Whether you are curious about title search timelines or escrow protocols, we are here to ensure you move forward with total understanding.
General FAQs
Instruct your buyer and/or their loan officer to send us the order via fax or email.
The maximum amount of a personal cheque is $1000. Only 1 personal cheque can be accepted on a buyer’s behalf.
No! Our policy requires certified funds for any amount owed at closing by a seller.
Yes. Acceptable forms of good funds can be money orders, certified cheques, cashiers’ cheques, official cheques, credit union cheques or wires.
Yes, not to exceed $9,999.99
If a lender is financing the transaction, typically their answer is NO.
If the cheque for repairs can’t be cut directly to a third party (contractor), it is best for these scenarios to be handled outside closing. We look at these requests on a case-by-case basis. No on 100% financing (conventional or VA).
No! Whoever is paying the title insurance gets to use the title company.
The office receptionist can direct your call if you tell her your needs. All our staff are posted on our website so you can see their areas of responsibility.
Yes! The spouse will need to sign over the deed over to the new buyer at closing, conveying her dower interest to the new owner.
Yes! The spouse will need to sign the mortgage document ( and other miscellaneous documents) in order to register dower interest in the property.
Yes! It’s a requirement of ant FHA or Va loan to have an original termite report that is less than 90 days old at closing.
Yes! Please get social security numbers for your sellers at the listing appointment. These are most often needed in order to request and obtain payoff quotes on their current mortgage(s).