Once your deed is recorded, it can be accessed by the public, including third party organizations who sell products and services. CIMG Residential Mortgage is listed as the mortgage company on your deed and third party organizations will sometimes use that information to feign legitimacy and cause confusion around solicitations for non-CIMG products or services. CIMG does not sell any services other than first mortgage originations.
CIMG Residential Mortgage will never contact you by snail mail with a sales offer. If you do not see our logo as pictured below, it did not come from our office. Please feel free to discard the message and block their phone number or email.
Post-Closing - What to Expect Next
Approximately 1-2 weeks after closing, your new loan servicer will audit your file and may ask for additional information. You may be contacted at this time by a member of our team if anything additional is requested.
About 2-3 weeks after closing, you will receive your First Payment Letter and Notice of Transfer with details for your new loan servicer and how to make your first payment.
1. If the payment is due to CIMG, you will receive CIMG Residential’s First Payment Letter, and may send a check to the Raleigh office. A check is the only form of payment we can accept, and additional principle cannot be added to this check amount. We do not need the signed coupon letter back as it is just for your reference.
As your closing approaches, a few reminders…….
- Confirm the closing time and wiring instructions directly with your closing attorney (via phone NOT e-mail).
- Most closing attorneys require your funds to be wired. The attorney may take a certified check in some cases.
- NEVER accept e-mailed wiring instructions, especially if it is labeled “modified.”
- Bring a valid driver’s license.
- Finalize your homeowner’s insurance policy as soon as possible.
CIMG Friends & Neighbors,
As we’ve mourned and reflected on the unconscionable deaths of George Floyd, Ahmaud Arbery, Breonna Taylor, and many others over these past few weeks, we wanted to ensure that our statement of outrage was coupled with a substantive action plan. We aim to walk the thin line between ceding the stage and listening, with our responsibility to use our platform to bring about change.
We see ourselves as a small business with a big responsibility to our communities. As you know, we live where we loan, and it’s been heartbreaking to see so many of our friends and neighbors hurting over these past few weeks. We want you to know that we see you, we hear you, and that Black Lives Matter.
As an experienced realtor, you know immediately when you step in the door of a listing clients home what the market will bear. Unfortunately, many times the homeowner is wearing blinders, in denial about what their home will fetch, or simply unrealistic about how they are valuing their home.
This can make for a difficult conversation and selling process. Pricing the home too high will see it sit, even in this brisk market Raleigh-Durham is enjoying this spring. A home in North Raleigh is experiencing this right now.