Special offer

Legal Names - Do They REALLY Matter?

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920

The closing I had the the other day had a twist, as most do these days.

My buyer, Cindi, her husband and I are sitting at the attorney's office, waiting for the package to be printed, when I hear the closing agent asking Cindi if she has ANY documentation of her legal name, which is Cynthia.

Cindi's reply is no, she has her husband's social security card copy and the kids, but not hers. Her driver's license has Cindi. Her re-inspect appraisal has Cynthia, but that does not suffice.

How could we have gotten to this point, I'm thinking, without her legal name?

I call Travis, the wunderkind of lending, and he has a copy of her social security card, with Cynthia on it, which he can scan and email over to save the day and get us to close.

The moral of the story: even people you have known for 20 years you may not REALLY know! 

Posted by

Carol Zingone is a full service Broker Associate proudly affiliated with Berkshire Hathaway HomeServices Florida Network Realty in Atlantic Beach, FL.  I help buyers and sellers locally, regionally, and internationally.  With hundreds of happy buyers and sellers over the course of my career, I'm thrilled to help first time buyers, military buyers, seniors, investors, 1031 exchange properties, short sales and REO's.  I have spent hours honing my expertise, including the designations of: Graduate Realtor Institute (GRI), Loss Mitigation Certification (LMC) , Short Sales, Foreclosures, REO's, (SFR), and Senior Real Estate Specialist (SRES).  I pride myself on providing excellent expertise to all buyers and sellers. Search the MLS via www.carolzingone.com  for Jacksonville and area listings!

 

Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

There are some names that as soon as I hear them I suspect aren't legal names such as Peg, Patty, Cathy, Liz and Sue.  And yes I am also a Cynthia and it is on all of my ID even though I've been Cindy to friends and family almost since birth.

Sep 02, 2010 12:39 AM
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Morning Carol,

Thanks for the post. Travis the wunderkind really came in handy :-). Have a great day.

Sep 02, 2010 12:39 AM
Phil Cogan
Coldwell Banker Residential Real Estate - Coral Springs, FL

Most certainly something to remember

Sep 02, 2010 12:46 AM
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Crisis averted. How about when an additional co-borrower gets added last minute, especially in a short sale where all buyers have to equal the borrowers on the original contract.

Sep 02, 2010 01:34 AM