Closing Information

Important Information Regarding Your Closing

Funds:
Campbell & Brannon accepts personal, certified, and cashiers checks from borrowers for amounts up to $5,000.00.  Any additional funds required for closing, including funds brought by the seller, must be wired.  We will send you our wire instructions via secure email.

Powers of Attorney (POA):

We are happy to prepare a Power of Attorney for any party that is unable to attend the closing.  All POAs must be signed in the presence of a witness and a notary public who will affix a notary seal.  We require that the document be faxed to us upon execution along with a copy of the party’s driver’s license.  The original POA is required at closing.  Many lenders require the POA in advance for approval, so please let us know as soon as possible if a POA might be required.

Mail-Outs:

We can mail out or email out closing papers to buyers and/or sellers who are unable to attend the closing for an additional fee.  However, we need sufficient notice in order to prepare the documents and have them returned to our office by the closing time.  We also require you to send a copy of your driver’s license.  Please contact our office as soon as possible if your closing will be a mail-out.

Other Special Circumstances: 

Please let us know as soon as possible if your closing will involve a 1031 Tax-Free Exchange, or any other special circumstances so that we can accommodate those needs.  If you are an out-of-state investor, or a foreign seller, please also alert us as we will need to make sure we address any tax implications prior to closing.

Corporations/Companies/Trusts:

If the title to the property is vested in the name of a corporation, company, or trust, we require a copy of the pertinent documents (Operating Agreement, Articles of Incorporation, Trust Agreement, etc.).  These documents must be provided in advance or we will be unable to close.  Tax identification numbers are also needed prior to closing.

Agents:

Please make sure that you provide Campbell & Brannon with all contract amendments and the commission agreement well in advance of the closing date.  If there is a Homeowner’s Association involved, please provide us with the best contact information for the HOA.

ALL SIGNING PARTIES MUST BRING A DRIVER’S LICENSE OR OTHER FORM OF PHOTO ID TO CLOSING.