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Real Estate Law Changes From State To State

By
Real Estate Sales Representative with Coldwell Banker United

Have you ever had a client from another state who knows the law better than you? I just had a situation where a Real Estate Attorney from another state was purchasing a home in NC. This attorney is a very bright person and meant no harm. The buyer(attorney) could not come to closing so the husband attended and sign the documents. The spouse was email the Deed Of Trust and was suppose to sign and express mail back. Everything was great except for the fact that this buyer changed the Deed Of Trust with scrath out. The buyer was going by their state law and not NC law. This created a huge problem with the closing. The deed Of Trust could not be recorded and we had to explain that not all states are the same. This cause a 3 day delay in recording and alot od headaches. In the future if you have a client moving into your area and they are an attorney be proactive and explain that all states are not the same. You will be glad that you did and so will everyone else!!