Our Process
We are on your team! Legacy believes in building lasting partnerships so we can be the title company you need. If you are interested in working with Legacy, give us a call so we can get to know you.
Life of a Closing at Legacy
1. Place Your Order
Let us know you will be using Legacy for your title and settlement services, provide us with your contract documents and some basic file information. You can submit your order online or send an email to orders@legacyclosings.com . We suggest providing as much information as possible during this stage. We can also hold your EMD using Legacy Pay. Once we receive your order, we will begin our process of research and preparation.
2. Closing Preparation
Once our research is completed, we will let you know what items we will need to insure the transaction and facilitate the closing. We will work with all parties involved to get everything needed so we can move toward a smooth closing. Be prepared for Legacy to ask for basic information like confirmation on the spelling of names, contact information, marital status, etc. If there is an entity involved we will also request documentation showing who has the right to sign on behalf of the entity (such as corporate resolutions, certificates of trusts, or letters of authority). If there are liens on the property, like a Seller’s mortgage, we will request items such as a signed payoff authorization so we can communicate with lien holders and order payoffs.
3. Clear to Close
Once all parties have confirmed all closing requirements have been fulfilled, we will schedule your closing and prepare the closing documents. Documents will be provided to you for review prior to the closing.
4. The Closing
Generally, our closer will meet with you to get all documents signed. If Legacy is the disbursing agent, we will collect all funds from the buyer and lender and then disburse funds to the seller. Remember to bring your social security number and state-issued photo ID to the closing.
5. Post Closing
We receive the closing documents in our Headquarters so that the original documents can be sent to the appropriate parties and recorded. We coordinate the payments of invoices listed on the statements and issue your final title policy.