Services

Brokers, Realtors, and title companies find our services to be a tremendous benefit! We are reducing their liability and increasing their efficiency. Best of all, your company resources are not being drained for administrative tasks.

We take pride in professionally preparing our clients for a stress-free settlement where every detail has been checked and double-checked. Our courteous and professional staff work directly with sellers, all while keeping you in the loop.

HERE’S WHAT WE DO FOR SELLER FULL SERVICE FILES:

• Carefully double check SOS order form and the agreement of sale for key areas that ensure accuracy. This second set of eyes has become one of the most valuable services when it comes to the verification of owners, deceased parties, estates, corporations, townships, school districts, parcel #’s, calculations, private and public utilities, overlooked PUD’s etc…
• Request seller ID in advance to avoid last minute non-matching names/initials on settlement documents.
• Send seller a letter introducing SOS letting them know we are involved in their settlement and working to make it a smooth transaction.  This includes a checklist of things to do for utilities, auto pay stops, paperwork to have at closing and other FAQs.
• Send seller a form to return to us with the necessary authorizations (payoffs, etc). Anytime you can give this to your seller in advance and submit it with the order form, it helps to streamline the process.
• Advise the buyer’s agent that we are involved and obtain title company information.
• Complete the application for the township U&O, L&I, C/O or other resale permit, if applicable. (These can take a few days to get all the information, but we get on top of them immediately.)  Listing agent copied on all communications regarding the permit.

• • • • We complete application.
      • We send seller detailed instructions.
      • We follow up with seller to be sure they complied and check-in with seller for final permit.
      • We do not schedule nor meet inspectors.
• Immediately order the 3407/5407 packages, if applicable.  In order to be efficient, as well as agreement of sale compliant, we have resale packages with 3407 or 5407 delivered to you (most are electronic). You then provide to buyer or buyer’s agent with PAR receipt of documents addendum.
• Order all title company required certifications:

• • • • Tax
      • Trash
      • Water
      • Sewer
      • Electric (when the entity can lien, NOT PECO)
      • Request any finals for lienable items.
      • We order tax claim on all files as we find it reduces last minute challenges.
      • Request new tax bills when tax season.

• Order seller’s mortgage loan payoffs.
• Prepare a title clerk information / reimbursement sheet.
• Send full closing documents package to title company and agent as far in advance of settlement as possible.
• Obtain a status letter from Community Management office, if applicable for a PUD.
• Request deed packages from seller, if applicable.
• Request and review title search. Address any concerns to clear title requirements.  Scenarios we will clear include:

• • • • Submit POA for approval.
      • Obtain trust agreements.
      • Clear estate conditions.
      • Request escrow amount when inheritance taxes are not paid.
      • Clear divorce conditions.
      • Verify spousal waiver plan.
      • Clear $1 deed conditions from prior transfers.
      • Work with seller to provide corporate docs to the title company.
      • Obtain prior policy for LOI letters for old title issues.

• Unsatisfied mortgages that require the filing of a LENDER OR FDIC LOAN SATISFACTION PIECE involving extensive research and commitment will necessitate the seller to elect one of three options. We will advise you and seller if a new plan is needed and mutually determine the next course of action. (We do give our best effort to this process before requiring one of these additional resources!)

• • • • Seller can retain GOREQUIRE.com (lengthy process but they get the job done – they quote 90 days as a turnaround time).
      • Hire an attorney.
      • Hire SOS for a flat fee of $300 in advance for our daily efforts to procure a satisfaction piece and most importantly constant communication with the title company to secure a plan to allow us to close on time – this usually requires an escrow. 

• Order Domestics and Patriots when title company has not done so.
• Remain available for any questions throughout the entire process.

Important!

• SELLER – FHA MORTGAGE. Sellers with FHA mortgages MUST have payoff funds in lender’s hands on the first of the month or pay 1 full month of interest.
• SELLER – LINE OF CREDIT -Sellers with zero balance line of credit must NOT close the account until we order a payoff showing zero due!
• LISTING AGENT – Remember to submit your escrow deposit check request.
• LISTING AGENT – Check Alta carefully for reimbursements to SOS – make sure they are listed, please.

Seller Authorization

Anytime we can get our seller authorizaton paperwork back with the new order, it helps. We will send this form to sellers with a checklist to prepare for settlement as well – but if we have it back sooner ALL THE BETTER please.

Title Company Cert Only File:

Ideal plan for refinances.

Call (215) 283-0304 or contact us for custom pricing to meet your needs.