Are you aware of the potential obstacles that could delay your real estate transaction? By taking proactive steps, you can avoid these delays and ensure a smoother process. Here are some key items that require additional clearance and processing time for escrow and title:
- Bankruptcies
- Probates
- Foreclosures
- Establishing Fact of Death Joint Tenancy
- Use of, Proper Execution of Power of Attorney
- Family Trust
- Business Trust
- Recent Construction
- Physical Inspection Findings: Encroachments, Off-Record Easements
- Clearing Liens, Judgments
- Clearing Child/Spousal Support Liens
- Proper Execution of Documents
- Proper Jurats, Notary Seals
- Transfers/Loans Involving Corporations/Partnerships
- Last Minute Changes in Buyers
- Last Minute Changes in Coverage
Although these are common gaps, to avoid these, provide as much information as possible and as early as possible. It’s important to contact your trusted representative for assistance with these potential challenges.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
