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Re: Light on details

Posted by Tom on May 13, 2009 at 6:39 AM

In Reply to: Re: Light on details posted by Rick, the Probate Guy on May 12, 2009 at 8:08 PM

Rick rereading the original post you may be right, although I would hope that they have more than enough ample resources on staff to get their question answered. If you're correct, the poster did fool me as their experience level seems rather limited. Also it would be exhibit A that many in asset management were in another line of work 2-3 years ago, and in another line 2-3 years hence (ditto loan modification & IRS settlement companies). I look forward to those days. These problems are usually fairly easily resolved. Often it's a matter of educating the title company and if they can't be it usually pays to shop for title insurance. Usually any non-routine clouded title issues are discovered and resolved before marketing the property. Usually you're not blindsided by serious title issues, but a new startup company could be.

I'm also amazed at the number of questions posted by realtors. I wonder what their broker is doing for them and what actually their broker knows. I think that we both know the answers, but let's not go there.


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