Jump to content

Recommended Posts

  • 3 weeks later...
Posted

Closing on Monday. I've already wired all the funds to my attorney, so we are just about done.

I am UBER glad I hired the attorney, by the way. There were only two errors on previous title transfers, but either one of them could have fucked us up for future legal fees for years to come. Instead, we're in the clear.

  • Like 3
Posted
On 12/4/2019 at 2:07 PM, Walden Ponderer said:

Closing on Monday. I've already wired all the funds to my attorney, so we are just about done.

I am UBER glad I hired the attorney, by the way. There were only two errors on previous title transfers, but either one of them could have fucked us up for future legal fees for years to come. Instead, we're in the clear.

Care to share what the two errors pertained to and/or more details in general on them?

Posted
7 minutes ago, zork said:

Care to share what the two errors pertained to and/or more details in general on them?

Also curious about this and how you are able to fix them going forward.  

Posted
5 minutes ago, zork said:

Care to share what the two errors pertained to and/or more details in general on them?

One transfer had the entirely wrong bank name listed, because the previous owner was in a bankruptcy hearing at the time, and the attorneys lost track of who owned what, and on another transfer, the title company misspelled the street name.

Neither error by itself is all that big a deal, but if the previous owner's family had wanted to raise a ruckus, they would have at least had wiggle room to make us spend a lot more money on getting it cleared up. 

All the same, given the kinds of mistakes that could have been made, I am absolutely certain that having a lawyer review it all was the right call.

Posted
Just now, Walden Ponderer said:

One transfer had the entirely wrong bank name listed, because the previous owner was in a bankruptcy hearing at the time, and the attorneys lost track of who owned what, and on another transfer, the title company misspelled the street name.

Neither error by itself is all that big a deal, but if the previous owner's family had wanted to raise a ruckus, they would have at least had wiggle room to make us spend a lot more money on getting it cleared up. 

All the same, given the kinds of mistakes that could have been made, I am absolutely certain that having a lawyer review it all was the right call.

File a corrective deed or something?

Posted
1 minute ago, TwiceHorn said:

File a corrective deed or something?

To be honest, I didn't pay attention beyond being told "sign here and it's fixed." I'm pretty sure it was something along those lines, but it was a one page document that the seller had to sign off on also.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...