In this day of multiple offers and all-cash offers and hurry, hurry to close--we want simple offers and service providers who are easy to work with.
103 S. Laurel Street Walhalla went under contact -all cash, to close in 20 days. Great offer, what could go wrong. With the push on closing the title opinion did not come back until the day before closing. Not the best time to find out we have problems.
There was a mortgage that had not been satisfied from the time my seller had purchased. The person on the mortgage had moved to Ecuador. The consulate in Ecuador was closed until 9-30-21 because of Covid. My easy closing had just turned hard, almost impossible.
But Gwen is lucky, the owner of the property was willing to move to a motel and rent the house to the buyers. That would keep them on the school schedule for their son. Gwen was lucky a 2nd time when she found out the person with the mortgage was in town visiting family and could come to the attorney's office to do the paperwork to get the satisfaction on the mortgage done. And then Gwen was lucky again when she found the number for the department head who could satisfy the mortgage and would do it in 5 days instead of the 30 we were promised. The cards all fell into place and we closed 10 days later than we planned.
Luck? maybe or maybe it was me calling everyone in my file to find who would have a number for the Equadorian, calling everyone at the bank to get to the top of the chain to get it satisfied, and calling the attorney every day, 3 times a day to make sure he was working on getting it together to close.
Just doing the job, after closing we all had coffee and talked about the next one. The problems that were found that day that we have to solve this week. Closings are fun but never to be counted on until the check is in the bank.