you'd be interested in how "The Law Offices of Sam Maguire"
takes care of you. We have created the following "workflow"
analysis to assist in this endeavor.
(1) The lender for the Buyer/Borrower usually orders the Title search
and engages the attorney for a closing transaction. We may receive
your title order via email, fax, courier, or WebSite.
(2) The title order is directed to
a staff Pre-Closer. In most cases, the Pre-Closer is assigned to
your file by the first letter of the Borrower/Buyer's last name.
The Pre-Closer's primary function is twofold: to gather all of the
information and documentation necessary to clear the title of all
outstanding debts, liens, and/or judgments, and to educate all of
the parties about their roles in the process, what to expect during
the closing, and what must be brought to closing.
(3) The Pre-Closer inputs the data
contained in the Title Order into our computer
(4) As soon as the Pre-Closer enters
all of the information, a Title Search Request is automatically
transmitted to our own in-house title plant, Augusta
(5) Simultaneously with the Title Search
Request, a series of informative letters are automatically generated
to all of the parties involved in the closing transaction, including
the loan officer, agent(s), borrower(s), and seller(s). These letters
are forwarded to their respective addressees via email, fax, or
regular mail, whichever is most convenient for the intended party.
(6) Generally, the loan officer will
call the Pre-Closer to schedule the closing after the order has
been sent. We will also schedule the closing with the Borrower/Buyer
and coordinate this with the lender and seller, if needed. The closing
is placed on the network's scheduler, providing a deadline for completion
of the file.
(7) The Pre-Closer will contact the
Borrower/Buyer, Seller, and/or agents to request any information
necessary to close the loan -- including current mortgage, insurance,
termite, survey, etc.
(8) Once the Title Search is received
from Augusta Title Co., a staff attorney reviews the Title Exam
for any outstanding items that appear of title -- including previously
paid mortgages that have not been canceled of record, unresolved
liens, taxes, or survey issues.
(9) The Title Commitment is forwarded
to the lender, revealing all of the outstanding issues and the requirements
for clearing title to the property.
(10) The Pre-Closer and staff attorney
coordinate efforts to obtain cancellations, payoffs, or to resolve
outstanding legal issues that prevent the owner from holding clear
title to the property.
(11) The Pre-Closer turns their file
over to the staff Closer, who is responsible for creating a preliminary
Settlement Statement for review by the parties. The Closer now acts
as liaison for the parties in correcting errors or making additional
changes to the Settlement Statement.
(12) The lender forwards the closing
package and closing instructions to The Law Office of Sam Maguire
via email, Internet transmission, fax, or courier prior to the closing.
(13) The Closer finalizes the closing
package by adding names and dates to the documents to be signed,
collating the file, and preparing the list of conditions which must
be obtained by the Attorney at closing.
(14) The Closing Occurs :)
(15) At the conclusion of the closing,
the Closer disburses checks to the seller, realtors and loan officers
listed on the Settlement Statement. The Closer also sends out all
(16) After the closing documents are completely executed and notarized,
and all conditions have been met, the file is picked up by a staff
Post-Closer, who prepares the package for overnight shipping to
(17) The Post Closer forwards all remaining checks issued to pay
items such as the Homeowners Association Dues, Insurance Premiums,
Termite invoices, etc.
(18) All documents for recording are sent by a Post Closer. Once
they are returned from the county (time frame varies by county),
the file is audited, outstanding title policies are prepared and
the original deeds and policies are sent out to the appropriate