Realtor Services

Our Realtors are always ready to assist you throughout your journey, by being the key advisors on market conditions, conducting walkthroughs, providing guidance and assistance through the process of buying, selling, or leasing properties.

Some key insights from our Realtors for Home Buyers

• All funds presented at closing must be in the form of a cashier’s check or wire.

• If borrower is married and taking out a loan = both spouses will need to attend closing, even if one is not on the loan. Sometimes there is a work around to this, if needed, please communicate that to your title team so they can get underwriting approval.

• Some lenders require two forms of ID for the buyer(s) at closing. First form of ID needs to be a current government issued photo ID (driver’s license, passport, military ID etc). The second form of ID can be anything with the buyer’s name on it (health insurance card, voter registration card, social security card etc).

• If the buyer is taking title as an LLC, title will need to obtain a copy of their operating agreement (showing who is authorized to sign on behalf of the company) prior to closing, forwarding address and tax identification number.

• If the buyer(s) is signing with the use of a power of attorney (POA), please communicate that to your title team ASAP. A copy will need to be provided to title prior to closing for review and attorney approval. The original must be brought to closing (or before closing) for filing. The county will not a file a copy.

• If the property contains a mobile home, please communicate that to your title team. The abstract does not always indicate if there is a mobile home on the property. A mobile home changes fees and some lender’s have other requirements that title needs to help meet. The sooner we know there is a mobile home, the more smoothly the transaction can progress.

• MIC vs. Pin survey. If there is a lender involved, most lenders will require survey coverage on their lender policy and a clean MIC will be required to do that. The MIC will show how the house (if any) sits on the lot, and it will show the easements on our title commitment and if they affect or do not affect the subject property. Cost for a MIC depends on the county, but usually anywhere from $140-$400. If the transaction busts, usually the surveyor will eat the cost of a MIC, as long as there wasn’t an agreement up front to pay for it regardless (usually this is only requested if the surveyor is traveling quite the distance to do the MIC).

• A pin survey, the surveyor will actually to out to the property and put pins in each corner so the buyer can see the boundary lines. The drawing provided will be much more detailed, showing fences and if they are on the property lines, all easements and if they affect or not affect etc. The lender can also give coverage with a pin, AND the buyer can as well, if the pin survey is clean. Title does not order pins, if the transaction busts, the surveyor will still need to be paid on a pin survey, so they have to bill whoever is ordering it. Title can still collect for the pin

• The contract must have an accurate correct legal description. Title cannot decide what the seller is selling nor what the buyer is buying.

• Getting the buyer information sheet back to us ASAP will speed up the processing of this file. The faster the better to get this info. If title doesn’t receive the information until the day before closing, it could delay closing.

• Title needs all invoices (even if paid), termite invoice & report, home inspection invoice, home warranty invoice etc. These are need at least 3 days prior to closing to get on the CD for the lender. A lot of lenders have gone to the procedure that if there are any changes to the CD after figured, it will need to be re-approved, even on the seller side. We need to know about commission and transaction fee amounts before 3 days before closing.

Some key insights from our Realtors for Sellers

• All funds presented at closing must be in the form of a cashier’s check or wire.

• If borrower is married and taking out a loan = both spouses will need to attend closing, even if one is not on the loan. Sometimes there is a work around to this, if needed, please communicate that to your title team so they can get underwriting approval.

• Some lenders require two forms of ID for the buyer(s) at closing. First form of ID needs to be a current government issued photo ID (driver’s license, passport, military ID etc). The second form of ID can be anything with the buyer’s name on it (health insurance card, voter registration card, social security card etc).

• If the buyer is taking title as an LLC, title will need to obtain a copy of their operating agreement (showing who is authorized to sign on behalf of the company) prior to closing, forwarding address and tax identification number.

• If the buyer(s) is signing with the use of a power of attorney (POA), please communicate that to your title team ASAP. A copy will need to be provided to title prior to closing for review and attorney approval. The original must be brought to closing (or before closing) for filing. The county will not a file a copy.

• If the seller, or any of the sellers are deceased, please communicate that to title ASAP. It could lead to further requirements, plan to forward a copy of the death certificate to title and bring the original to closing for filing.

• If the property contains a mobile home, please communicate that to your title team. The abstract does not always indicate if there is a mobile home on the property. A mobile home changes fees and some lenders have other requirements that title needs to help meet. The sooner we know there is a mobile home, the more smoothly the transaction can progress. If title is unaware there is a mobile home and the seller shows up with a title, closing may have to be delayed to meet all of the requirements.

• If the seller has a current mortgage, their payoff lender may require written authorization for us to obtain a copy of the payoff. This form will be sent to the listing agent to have the seller fill out a sign. NOTE: some payoff lenders will not accept an e-signature and some will not accept the last 4 of a SSN. To be safe, it’s best to fill out the full SSN’s and “wet” sign the form.

• The contract must have an accurate correct legal description. Title cannot decide what the seller is selling nor what the buyer is buying.

• Getting the seller information sheet back to us ASAP will speed up the processing of this file. The faster the better to get this info. If title doesn’t receive the information until the day before closing, it could delay closing.

• Title needs all repair invoices to add to the CD at least 3 days prior to closing. If this is not possible, communicate that to your title team so they can add the fee and payee and follow up on the invoice before or at closing. A lot of lenders have gone to the protocol that if there are any changes to the CD after figured, it will need to be re-approved, even on the seller side. We need to know about commission and transaction fee amounts before 3 days before closing.

Frequently Asked Questions

Home Buying in Oklahoma

No. Not at all. Title is a neutral third party, we cannot act in the role of a licensed realtor because we are not. Title’s role is to close the transaction based on the written instruction (contract) signed by both buyer and seller.
Again, no. Title cannot act in the role of a licensed realtor because we are not. Contracts, TRR’s etc can be tricky, if unsure we’d highly recommend hiring a licensed realtor or real estate attorney to help you.
A good realtor can be very beneficial to a real estate transaction. Things a realtor can help with: market analysis to come up with a fair price, schedule appointments and showings, update property listings, give advice based on current market demands, search open listings to find properties, market the property, network with local businesses and potential clients, advise on staging, coordinate appraisals, work with title and the lender to keep things on track for closing, professional negotiation, legal document prep etc.
We usually see 30–45-day contracts come through for closing. This is pretty standard. Sometimes we’re able to rush something through and close faster and sometimes the contract states the property isn’t closing for several months. Title does their best to meet the closing date set out in the contract.

This is requested and done all the time – not a problem! Let your title team know so they have the proper paperwork prepared and checks cut the way they will be needed.



If Legacy Title is closing the sellers purchase back-to-back (the hour after they sell they are scheduled to purchase), the seller can just endorse the back of the check over to Legacy Title and we will cut them back any overage once deposited into the purchase file.



If the seller is closing their purchase at a different title company, we will need to know if that company requires our check to them be for the exact amount needed (if so, someone will need to provide us that amount BEFORE closing) or if they will accept a full proceeds check and cut the customer back any difference. All title company policies are a little different, so in order to ensure a smooth purchase elsewhere we need to know what they require. The check would then be made out to the next title company for benefit of the seller. Ex: 123 Title fbo John Doe. Take your closing paperwork copies we give you to the title company facilitating the purchase, most likely your new lender will require they send a copy of your seller closing disclosure from your sale to prove you did sell.

Yes! If the amount due on either the buyer or seller side is $500 or less, we can accept a personal check.
This is a misconception. A lot of buyers think because a cashier’s check is “guaranteed funds” that this option is better to use for earnest money when buying a house. Title can take a cashier’s check but we’d encourage you to check with the buyer’s lender on what they require. A lot of lenders prefer to see the earnest money funds come out of the buyer’s account via a cleared check cut directly from that account. If that is the case, then it will need to be a personal check.

There are a few options here. Title can accept a wire (we will share our wiring instructions with the buyer when requested), or Legacy Title has a Bank Shot option through an app that you can screen shot a check and pay electronically. The copy of the check that is uploaded is sent to title to still provide and earnest money receipt to all parties. If interested in this option, let your title team know so they can share step by step instructions.

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