REO Title & Closing Management Services

W estcor provides National REO Title and Closing Solutions through our advanced, centralized closing management and technology platform. We employ centralized audit and process management controls throughout the life of the REO transaction, together with a local closing performed by a Westcor select, pre-vetted agent. Westcor assigns to each client, a seasoned, dedicated team as a single-point-of-contact for delivery, reporting and quality controls of processes from the placement of the title order to the successful closing of the transaction, including but not limited to the following:

-Receive/Confirm Pre-listing Title Order
-Identify Existing Title Issues
-Deliver Full Title Search with Title Issue Report
-Resolve Title Issues
-Provide Title Update Every 15 Days Until Title Issues Are Resolved
-Send Clear to Close Notification
-Receive and Review Purchase Contract Terms
-Provide Deed to be Executed by Seller

-Reconcile Estimated HUD with Purchase Contract
-Deliver HUD to Seller for Approval
-Confirm Scheduled Closing Date
-Complete Pre-Closing Checklist
-Confirm Actual Closing Date
-Provide Wire Proceeds Confirmation
-Provide Deed Recording Confirmation
-Conduct Post Closing Quality Review

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