Prior to the transfer of the Replacement Property, it is critical that IPX1031 has prepared the proper Replacement Property documentation which will make the Exchanger’s acquisition part of the exchange. Watch this quick tutorial to know what IPX1031 will need prior to close.
Prior to the transfer of your Replacement Property, it is critical that IPX1031 has prepared the proper Replacement Property documentation which will make your acquisition part of the exchange. We will need:
1. Closing Agent’s contact information (name, phone number, e-mail address), and Escrow/Closing Agent Case or File Number
2. A copy of the Purchase and Sale Agreements for properties you intend to acquire
3. Wiring Instructions
4. Signed assignment and authorization to wire (IPX1031 documents that will be prepared after receiving 1-3 listed above)
Wire and cyber fraud are prevalent these days. We have established procedures to protect exchange funds and strive to create a smooth exchange process.
If you have further questions, please reach out to us, or access our knowledge center on our website for more information.