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What the TraderOnlineSafe Officer does...
Serve as the communication link to
all parties in the transaction.
Prepare TraderOnlineSafe instructions.
Request a preliminary title search to determine the basis
upon which a title insurance policy may be issued.
Request a beneficiary's statement or pay-off demand relating
to existing financing.
Comply with lender's requirements, specified in the TraderOnlineSafe
agreement.
Receive purchase funds from the buyer.
Prepare and secure the deed or other documents related to
TraderOnlineSafe.
Prorate taxes, interest, insurance and rents according to
instructions.
Secure releases of all contincencies or other contiditions
as imposed on any particular TraderOnlineSafe.
Record deeds and any other documents as instructed.
Request issuance of the title insurance policy.
Close TraderOnlineSafe when all the instructions of the
buyer and seller have been carried out.
Disburse funds as authorized by insurance, including charges
for title insurance, recording fees, real estate commissions
and loan payoffs.
Prepare final statements for the parties accounting for
the disposition of all funds deposited in TraderOnlineSafe.
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What the TraderOnlineSafe Officer does NOT DO...
Offer legal advice.
Negotiate the transaction.
Offer investment advice..
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Travelers Express/MoneyGram, the largest processor of money
orders in the U.S. and an expanding global leader in the payment
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UPS, or United Parcel Service Inc., is a global company with
one of the most recognized and admired brands in the world.
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