WHAT ARE THE DETAILED STEPS TO THE CLOSING AND FUNDING PROCESS THROUGH CONFICASA?
1. ConfiCasa’s in-house closing department prepares and sends to you an escrow agreement. This instructs everyone on the fees to be paid and the actions to take regarding these fees. Advance fees are requested and must be wired to escrow. 2. Within two business days of sending your advance fees to escrow, you will receive the initial quote of fees from the Notario Público. 3. You will then be asked to review and correct the Know Your Client form (KYC form). This form enables you to name your beneficiary (the individuals that you would like to inherit your home). 4. Once the requested advance fees are received by escrow, the Closing Agent orders your SRE permit, market value appraisal, and begins the draft of the Fideicomiso. 5. Once the SRE permit is received (approximately 7 days from the ordered date), it is sent with the draft of the Fideicomiso to the fiduciary (the trust banks on-site attorney that handles only Fideicomiso). The Fiduciario then has 7 days in which to return the Fi
