funding: Closing, Funds, Funding, Wire Cutoff, & Disbursements - 04/06/17 02:29 PM
In Texas, a common question Sellers ask is "when do I get my money?"
What is Closing?
Closing is the process of signing the paperwork. In Texas, it is customary for Buyer and Seller to each have their own closing appointment scheduled with Title, and to meet individually with the Escrow Officer or mobile notary to complete their document set. Closing is one step in the process that must be completed before funding can occur.
But, Title Said They Have The Wire Funds?
Yes, it is possible at any time during the transaction process a Buyer or Lender party could wire funds to Title. It … (2 comments)