Closing Table
As the situation with the novel coronavirus continues to evolve, the title business is responding. Currently, the title business is not seeing many interruptions in business. For the most part, transactions are not being delayed or canceled due to current restrictions. Aside from a few inconveniences, it’s mostly business as usual in the title world.…
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It’s closing day. Say cheese! All those photos of smiling faces on closing day offer proof that most folks are delighted to be closing on a home. Either they’re getting the keys to their new property or they’re getting a check for the sale. Before the popularity of social media, most people mailed out moving…
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Imagine finding the perfect home. After weeks, maybe months, of searching, it’s just what you’ve been seeking. You get it under contract and have it inspected. After jumping through all the hoops for the mortgage, hiring movers, packing, and more, you’re ready to close. Then the seller decides they don’t want to sell it to…
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The standard Texas residential real estate contract contains several options for buyers to terminate their contract for various reasons. While sellers may not like it, it makes sense that the person bringing the money has the most options. The most popular option is the paragraph that requires the buyer to deliver an option fee for…
Read MoreBy Lydia Blair Special Contributor The contract has been signed by both buyer and seller. Now it’s the Final Countdown. Cue music. Daa! Da-da-daa! There are several clocks that start ticking towards closing. They all start and stop at different times. Some clocks count the business days while others count the calendar days. Here’s a…
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