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» Closing Documents - Title

Posted on 6/18/2005

A current clear title is a critical part of your loan document package. Title can take anywhere from a few days to more than two weeks to obtain. Once you have submitted your loan package and received a Letter of Intent, your first task should be to locate and retain a nationally recognized title company in your area to provide title for your property. If you are purchasing property, contact the seller to be sure she or he has ordered the title documents in a timely manner. More fundings are held up due to delays in obtaining clear title documents than any other obstacle.

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