Why should I use Lehman Title and Escrow?
Any advice when sending a contract to you?
What items will need to be satisfied prior to closing?
Q: Why should I use Lehman Title and Escrow?
- Lehman Title & Escrow, LLC is an established company with licensed attorneys actually in the office to assist you and your clients.
- We have been in the title insurance and closing business since our original company, Lehman Land Title, Inc., opened its doors in 1987.
- We are an independently owned and operated company.
- We are dedicated to a high quality service and flexibility to exceed your client's needs.
- We close transactions all over the State of Tennessee and our attorneys will travel to your client.
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Q: Any advice when sending a contract to you?
- Fill in all the blank spaces, using N/A where applicable.
- Fill in the legal description if possible. On new constructions, a lot number and subdivision name are always necessary. Please do not forget the county.
- If the seller’s name and the name of the record title-holder differ, indicate that on the contract. If you have access to documents that will clarify or resolve the discrepancy, provide them with the contract.
- If the contract is extended, be sure to have all parties sign an addendum to prevent the contract from expiring. Provide a signed copy of the extension as soon as possible.
- Be sure to notify us of your commission percentage or amount.
- Have all parties sign the contract and initial any changes. Print the names of all parties.
- If you are the Listing Agent, provide information on any mortgages (including Lenders' names and account numbers), homeowners' association information, sellers’ phone numbers, and social security numbers.
- If you are the Selling Agent, provide borrowers’ phone numbers and information on lender and homeowner’s insurance if available.
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Q: What items will need to be satisfied prior to closing?
The purpose of a title search is not only to tell us who holds title to the property but also to reveal all matters affecting the title. For example:
- Outstanding mortgages
- Judgments
- Federal and State Tax Liens
- City and County taxes
- Unreleased mortgages
- Contractor Liens
- HOA Liens
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