|
• |
Homeowner's Insurance
- follow your lender's
instructions. |
|
|
On a single family
home most lenders require:
|
|
|
1. |
A policy in the amount of the sale price of your property. |
|
|
2. |
A paid receipt for one year's premium on a policy in the
amount of the sale price of your property. |
|
|
3. |
A declaration page showing the lender as the lone payee. |
|
|
|
|
|
On a condominium
most lenders require: |
|
|
|
A declaration page from the insurance carrier on the
condominium
building where your unit is located showing the lender as the
lone payee. |
|
• |
Picture ID. (Drivers License) |
|
• |
Receipts for any real estate taxes paid within two weeks of
closing. If you have special requests for your proceeds, let
us know. |
