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Presettlement Checklist For Seller
- Bring a certified check for all funds over $1,000.00 required
at settlement.
- Bring a driver’s license and one other form of identification.
- Bring a copy of last water bill.
- Advise Pinnacle Title if any of seller
is out of the area and will require a power of attorney. All lenders
must approve a buyer’s Power of Attorney prior to settlement.
- Make Pinnacle Title aware of any loans or mortgages
related to the property, including home equity loans.
- Make Pinnacle Title aware of the proper spelling
of the seller’s name.
- Make Pinnacle Title aware if any owner of the
property is newly married, deceased, divorced or separated.
- If applicable, provide a Homeowner’s Warranty application
to Pinnacle Title for inclusion on the settlement
statement.
- Notify Pinnacle Title if the any of the
sellers are not citizens of the United States due to additional
withholding requirements.
- Notify Pinnacle Title of any fee changes
or modifications to the purchase contract.
Presettlement Checklist For Buyer
- Bring a certified check for all funds over $1,000.00 required
at settlement.
- Bring a driver’s license and one other form of identification.
- Bring a copy of the Homeowner’s insurance policy, unless
buying a condominium.
- Bring the original Termite Inspection Report to settlement.
- Advise Pinnacle Title if either buyer or
seller is out of the area and will require a power of attorney.
All lenders must approve a buyer’s Power of Attorney prior
to settlement.
- If applicable, provide a Homeowner’s Warranty application
to Pinnacle Title &
Escrow, Inc. for inclusion on the settlement statement.
- Notify Pinnacle Title if the buyer(s) is
a first time homebuyer(s) for a
tax credit in Maryland or if the seller(s) in Maryland is a non-resident
of Maryland due to additional taxation requirements.
- Notify Pinnacle Title of any fee changes
or modifications to the purchase contract.
- Make Pinnacle Title aware if any of the buyers
are newly married.
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