March 28th, 2021 10:35 AM by Salim (Sam) Kader MLO# 130505
Buying, selling and refinancing real estate is a huge undertaking for most people involving the biggest investment in their lives. Therefore, the process is safely guarded by creating a neutral 3rd party entity by creating an escrow. In general, here's an escrow process with Ticor Title and escrow:
You will receive and email invitation to create an online account with escrow - Click "Activate" when done.
You will receive an email notification to confirm that you have created an account with Ticor. Open that email and click on "this link".
Please enter your mobile number to complete your Multi Factor Authentication.
You have completed creating your account when you receive an email below.
Now that you have an account created - you are ready to review and e-sign your documents from escrow but first you must be verified via text message to your cell number provided.
Once you have been verified - now you are ready to proceed.
If you are refinancing - please provide the below information.
The borrower's authorization will allow escrow to order your loan payoff amount from current lender.
Click on "I Agree" and Click on "Start" to e-sign Your Borrower's Authorization form.
Choose your signature format. Once E-Signed - click on "Finish Signing."
If you need to wire funds to escrow at closing - you must follow the below instructions to protect against wire fraud.
Click "Finished Signing" when done.
Final Step - you can review your information by clicking "Review" and once satisfied - please click "Submit".
This is the screen you will see when you are done. You can download your borrower's authorization and wiring forms that you just e-signed here.