Closing
By Lydia Blair Special Contributor Business conflicts always seem to revolve around money. It’s no surprise that some of the worst disputes we see at title companies are over earnest money: Who wants it. Who is entitled to it. Who thinks they’re entitled to it. Etcetera. It can get uglier than avocado appliances and shag carpet.…
By Lydia Blair Special Contributor Let’s call this real estate horror film Mission Impossible – Saving the Sale. It’s the sequel to Mission Impossible – The Roof Needs Repair starring Surprised Seller and Upset Buyer. Also featuring Scrambling Realtor and Cautious Escrow Officer. The scene opens with a pending sale on a property that needs…
By Lydia Blair Special Contributor A reader asks: “Should I make my next mortgage payment before my house closes? We are under contract and scheduled to close on the 14th of the month. “ This is a fairly common question for title companies. And the answer depends on your closing date and time. Before closing,…
In the “real world” the typical time it takes to close and fund a home loan can be 30 days, says Bob Johnson (AKA BobMortgage) in his latest brodcast. However, as he notes, it does’t have to take that long. In this week’s BobMortgage Zone episode, we hear from the team on what it means…
By Lydia Blair Special Contributor Buying or selling a home can be complicated. And the lingo and jargon of escrow officers, lenders, and real estate agents can be baffling to those not in the industry. To help decipher, here are definitions of some frequently used title business terms. This isn’t Webster’s Dictionary — it’s Lydia’s…
