Here is a new twist for a closing

By
Real Estate Agent with ERA Beach Ball Realty

I wonder if anyone else has had this happen to them.I am representing the buyer of an REO property.The seller is a west coast bank and they have hired a law firm in south Florida to close for them.They are 600 miles from Gulf Breeze where the property is located.This is a cash deal so problems right. Wrong, after 2 extentions we are 10 days from our closing date and the closing attorney's called me and asked if I had a title company here that would do the closing on this end for FREE.Keep in mind now that they did not contact the brokerage firm representing the seller onlyme. What a crock. When I told themI would not furnish them with a free title company they were very put out that I would not offer to help them when they have been nothing but a pain in my side for 3 months now with a cash buyer.

Just wondered if anyone else has run into this ?

Comments (4)

Angelia Garcia
Pure Realtors - Dallas, TX

You're last few sentences did not make sense to me. Could you explain? "they were very put out"?

May 15, 2008 03:30 PM
Bo Buchanan
Blue60.com - Oswego, IL
Blue60.com Directory, For Real Estate Pronulls

Larry - another example of the banks trying tos squeeze every penny out of a transaction. They probably contracted with the cheapest law firm they could find, and they have no clue how to conduct a closing in your neck of the woods. 

May 15, 2008 04:20 PM
Larry Darr
ERA Beach Ball Realty - Pensacola Beach, FL

What I said in the last paragraph was that they were very unhappy that I would not talk to a title company here to close for them free so they did not have to send a rep up here from south Florida , or do a mail away closing.They want the money for the closing but want someone else to do their work for them. Make sense now?

May 16, 2008 01:38 AM
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Larry,

Too many want something for free....and without benefit to anyone bu tthem...good for you for standing your ground

May 18, 2008 04:42 AM