Hi Diane,
My question concerns methods of closing. Is it legal to have a simultaneous closing?
In other words on an A to B and B to C purchase where the bank is A, I am B, and an end buyer is C.
At closing is it legal for B and C to sign papers, with the funds from C put into escrow, and then A and B close using funds from escrow on first signing to fund that transaction?
I hear some Title
Monday, September 13, 2010
query via email: Is it legal to have a simultaneous closing?
Hi Diane,
My question concerns methods of closing. Is it legal to have a simultaneous closing?
In other words on an A to B and B to C purchase where the bank is A, I am B, and an end buyer is C.
At closing is it legal for B and C to sign papers, with the funds from C put into escrow, and then A and B close using funds from escrow on first signing to fund that transaction?
I hear some Title
My question concerns methods of closing. Is it legal to have a simultaneous closing?
In other words on an A to B and B to C purchase where the bank is A, I am B, and an end buyer is C.
At closing is it legal for B and C to sign papers, with the funds from C put into escrow, and then A and B close using funds from escrow on first signing to fund that transaction?
I hear some Title
speaking of escrows
What do you think? If an agent is no longer representing a particular underwriter, doesn't it make sense that the underwriter should take the escrows related to their policies?
I was thinking about that lately and it makes sense to me.
I was thinking about that lately and it makes sense to me.
speaking of escrows
What do you think? If an agent is no longer representing a particular underwriter, doesn't it make sense that the underwriter should take the escrows related to their policies?
I was thinking about that lately and it makes sense to me.
I was thinking about that lately and it makes sense to me.
abandoned escrows
It still blows my mind how many abandoned inheritance tax escrows we have every year. I've got thousands of dollars sitting in escrow that I need to get over to the Department of Revenue. They in turn will send us a release for our insured property and we can then file it at with the Register of Wills.
Each year I work with a different person at the Department. Most are just happy to get the
Each year I work with a different person at the Department. Most are just happy to get the
abandoned escrows
It still blows my mind how many abandoned inheritance tax escrows we have every year. I've got thousands of dollars sitting in escrow that I need to get over to the Department of Revenue. They in turn will send us a release for our insured property and we can then file it at with the Register of Wills.
Each year I work with a different person at the Department. Most are just happy to get the
Each year I work with a different person at the Department. Most are just happy to get the
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