When the purchase involves stand alone property, meaning it is not a unit in a building, then the answer is almost always, “YES”. Note here that the survey might not […]
Month: September 2018
Trust as Seller
Dealing with a Seller that owns property in the name of a trust is much simpler than it may initially sound. The main thing you want to confirm with your […]
Estate as Seller
Dealing with an estate as seller of a property can pose certain obstacles depending on how the estate has been handled. The first thing is to find out whether the […]
Dealing with walk-thru repair issues
Making sure that you obtain a home inspection within the contractual inspection period is one of the easiest and most important ways to protect yourself in a real estate transaction. […]
How do I make sure the closing process is smooth?
The answer to this question relies entirely on communication.The transactions that run the smoothest are those where communication remains clear and consistent from the start. This communication begins with the […]
My Buyer doesn’t want to close and it’s the day before closing, what do I do?
Believe it or not this happens much more frequently than expected. It is the day before closing and the Buyer is all of a sudden stricken by terror about the […]
My Buyer/Seller is traveling and can’t attend closing, what do I do?
While closing is a very important event that parties to a contract should take very seriously, there are times when a Buyer or Seller simply can’t be physically available at […]
Who has authority to sign?
The simple answer is the title owner of a property or party listed as the purchaser under a contract. This can get more complicated when dealing with an entity. Here […]
What happens if the parties to a cancelled contract disagree as to who is entitled to the deposit? What is the escrow agent’s responsibility?
Nobody wants one of their contracts to cancel and even more so when the parties are in disagreement over who will receive the deposit monies. Unfortunately until the parties either […]
Changes to a customer’s financial status immediately prior to closing.
The issue of changes in financial status can play a significant role and have a striking impact on a closing, especially when a Buyer is using financing for their purchase. […]