time to celebrate close of escrow
Tuesday, time to celebrate If buyers sign docs? Whoa, slow down. So buyers signing loan documents to purchase a home and closing are two different things. Of course, many times closing escrow happens more often than not.
Ok, so what can happen to stop the recording and hold up a close of escrow? The buyer does a walkthrough of the property they are buying and guess what? If a property is a mess and the seller has removed items they were supposed to leave such as washer dryer and refrigerator, it may not close. This is just one scenario. A buyer only has to call escrow and say do not record and the entire process comes to a dead stop.