As a seller in the closing phase of a transaction, there is a to-do labeled: "Seller provided data for closing documents".
This step is crucial because this data will populate the Assignment and the Allonge.
Where This Data Is Found on a Mortgage or Deed of Trust
While some fields will be automatically filled in based on what was provided when the listing was created, several other records will not exist.
Starting with the Recording Data, here is how to find the following data points.
NOTE TYPE | The title of the security instrument that was used to originate. |
LAST RECORDING DATE | Original Mortgage or Deed of Trust (usually found in the last recorded Assignment). |
BORROWER NAME
| Original Mortgage or Deed or last recorded Assignment. |
ORIGINAL LENDER | Last recorded Assignment or on one of the Assignments. |
ORIGINATION DATE | Last recorded Assignment or on one of the Assignments. |
ORIGINAL BALANCE | Last recorded Assignment or on one of the Assignments. |
APN/PARCEL NUMBER | Last recorded Assignment or on one of the Assignments. |
INSTRUMENT NUMBER | Last recorded Assignment or on one of the Assignments. |
BOOK | Last recorded Assignment or on one of the Assignments. |
PAGE | Last recorded Assignment or on one of the Assignments. |
LEGAL DESCRIPTION | Last recorded Assignment or on one of the Assignments. |
If your Assignment of Mortgage or Deed of Trust doesn't have a BOOK or PAGE, put N/A in that input field.
Where This Data Is Found on a Contract of Deed
While some fields will be automatically filled in based on what was provided when the listing was created, several other records will not exist.
Starting with the Recording Data, here is how to find the following data points.
NOTE TYPE | This will be the title of the original security instrument. |
LAST RECORDING DATE | Last Quit Claim Deed. |
BORROWER NAME | Found on the Contract for Deed. |
ORIGINAL LENDER | Found on the Contract for Deed. |
ORIGINATION DATE | Found on the Contract for Deed. |
ORIGINAL BALANCE | Found on the Contract for Deed. |
APN/PARCEL NUMBER | Last Quit Claim Deed. |
INSTRUMENT NUMBER | Last Quit Claim Deed. |
BOOK | Last Quit Claim Deed. |
PAGE | Last Quit Claim Deed. |
LEGAL DESCRIPTION | Last Quit Claim Deed. |
If your Quit Claim Deed doesn't have a BOOK or PAGE,
put N/A in that input field.
Examples of What It Could Look Like on
Your Security Instrument:
Example of the NOTE TYPE
Example of the INSTRUMENT NUMBER, BOOK & PAGE, RECORDING DATE, APN/PARCEL & LEGAL DESCRIPTION
Example of the NOTE TYPE for Quit Claim Deed
