Always be Prepared (for something to go wrong) (at the last minute)

By
Real Estate Agent with Delicious Real Estate 2008002258

cesar augustusAhhh, the Ides of March.  An old, blind soothsayer once told me to beware the Ides of March and today I was figuratively stabbed in the back.  We were to close today on a lovely Columbus home I have listed.  The seller had her car all packed, her niece was here from Denver to help her, and they were to set off on a cross country drive right after the closing.

All the arrangements were made.  The buyers had their final walk through a couple days ago and even sat down with the seller and discussed the history of the home and the surrounding blocks.  Then, this morning, I get a call from the title company asking if I knew the closing was off.

Uhm, no.  The buyers had a problem satisfying one last contingency.  They had known about it all along and presumably thought the matter was closed.   Wells Fargo said otherwise and though it was now all good, it'd be another four days, best case scenario I'm told, for them to turn it around and get their final documentation to the title company.

While the selling/buying transaction must follow many Federal and State laws, it's always Murphy's law that gets you in the end.

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Joe Peffer

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