Jan 20, 2010

Tip 46-2009: Closing Information

The exchange and flow of information between all the parties in a real estate closing is extremely important to insure a smooth, easy closing for the client. The first information is usually sent by the Realtor and may include various contact and other information on the realtor’s own form and/or on Page 9 of the VAR contract. There are several good forms used by the realtors and lenders which name the various parties (Buyer, Seller, Both Realtors, Lenders, and Settlement Attorney) and their respective contact information.

I am attaching to this Tucker Tip a modified version of several forms which contains blanks for all of the relevant information including names, telephone numbers, addresses, and email addresses. (Contact us if you would like a copy of attachments) I would suggest that all of us involved in the settlement take the time to complete a closing information form (whether it is the attached form or your own) and exchange it among all the relevant parties.

PS—It’s amazing how much time we all will save when we do not look for telephone numbers or email addresses.

PSS—Please let me know if you have other ideas for the closing information sheet.

Please contact me if you have any questions.

William D. Tucker, III
Tucker Griffin Barnes P.C.
Charlottesville, Virginia

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