Payoff Letter

What is a Payoff Letter?

Selling a home is one of the most common ways an instrument like the mortgage or deed of trust is released. One of the tasks of the title agent or agent attorney coordinating the sale of a property is to track down what is owed to lenders and other lien holders to pay off the debt in full. 

In addition to selling a home, a payoff letter is needed for refinancing a mortgage or to make the final mortgage payment.

Whether it is a purchase deal or refinance, title agents can save time while working on title production and coordinating the details of the closing by ordering Payoff Letters with PropLogix.


What is included in a Payoff Letter?

Our payoff letter provides the following:

  • Total amount due 
  • Per diem 
  • Good through date

Who orders a Payoff letter?

Typically, the title agent or agent attorney will be the responsible party. Title companies may request that the seller procures the payoff information and letter in some cases. 

Why PropLogix Payoff Letters? 

We are committed to providing title agents and agent-attorneys with all the necessary information to close on time and with confidence. In the past, clients have asked about this service, and now we’re ready to deliver! If you have any questions about this new service, please contact support@proplogix.com or call 941-444-7142. 
 

How to Start Ordering

Get a demo of proplogix lien search ordering platform

1. Watch a Demo

This quick video will walk you through our platform. That way you can easily create and manage orders like a pro.

Set up an account with proplogix to start ordering lien searches

2. Setup an Account

Signing up for an account is easy. If you're ready you can register for an account on your own, or give us a call at 941-444-7142 and we'll be happy to help!

place your lien search order with proplogix in 3 simple steps

3. Place Your Order!

We made ordering simple with our 3-step platform that guides you through the process. Then sit back and let our due diligence ninjas do the work.