Escrow Question

[bassethoundmom]

On my paperwork it shows my escrow closes on 7/20.  I received an email today from my LO that says, "next week you will be going in to the title company and signing your loan documents."  Now, my LO is off for the holiday weekend so I just am trying to figure out what this means.  Does this mean I will be closing next week or just finalizing things and will close on 7/20?  Just curious and didn't want to have to wait all weekend wondering. 

[settleordelete]

We only went to title company once and that was to close on the house. Be prepared to sign,sign,sign on a stack of documents. 7/20/2010 could be an estimated date to close that the LO/mortgage company uses. We closed about 10 to14 days ahead of what was scheduled.Congradulations in advance.

[ShanetheMortgageMan]

In states west of the Rocky Mountain's when you sign the final documents usually is a few days before your loan funds, in states east of the Rocky Mountains (including Colorado) usually the day you sign the final documents is the day your loan funds and records with the county.  However in each state it can work both ways, just letting you know how it normally works.  I'd call your real estate agent to find out which closing process you are going go to through, and if the seller is still occupying the home ask if they would be ready to move out ahead of the 7/20 close of escrow date.

[bassethoundmom]

I signed all the paperwork at the Title Co. last night and will be dropping of a Cashier's Check this morning.  They told me they mail off the documents to the mortgage place for final review and then I should close next week.  Looks like things are moving forward but of course I still worry that something may go wrong, can't wait to have the keys in my hand so I can sleep at night!