avoiding mistakes when home buying
Reason #57 to Hire a Sacramento Real Estate Agent
Possessing the foresight to avoid problems down the road in a real estate transaction is a crucial trait my clients come to expect from an experienced Sacramento real estate agent. My real estate practice is built on trying to anticipate crap that can go sideways and fixing it before that happens. Sometimes I astonish even myself when I look at an issue in hindsight. It’s not enough to just make sure all of the initial spots on a contract are initialed and the signatures lines signed in full, an agent really needs to study the purchase contract and figure out what can possibly go wrong.
When other agents are excited to go into escrow, I look for reasons we won’t close or situations that can upset the seller. I’m sort of the opposite of an excited Sacramento real estate agent. Selling a home is stressful enough. Sellers and buyers don’t need to face additional frustrations if we can help it, and my experience has shown me that we often can. It’s my duty to my client.
Of course there are things that can pop up that we could never anticipate but after you’re in the business for a while, you make mental notes to yourself. For example, when your clients live out of town, and you’re moving closer to receipt of loan docs in title — which is what sets the closing process in motion — sometimes it makes sense to get most of the documents signed prior. Especially the grant deed. Because that needs to be notarized and title needs the original document to record.
This is the typical process: First, the title company emails documents to the mobile signer, but generally, depending on the time of day of receipt and the time of the appointment, the fastest the mobile signer can return the documents is to ship overnight the following day. Then, it takes another day to land back at the title company, so 3 days at a minimum. When you’re hoping to close on a Friday so the buyers can move in that weekend, timing is crucial. You can’t have loan docs hit escrow on a Thursday and expect to close on Friday when the principals to the transaction live out of area. Unless the sellers sign the essential documents early. The title company can pre-draw upon request.
Who is gonna think of this solution beforehand? Not the mortgage lender, most likely. It’s up to the Sacramento real estate agents in the transaction to make sure it happens and closes smoothly. If every moment is precious to you, call Elizabeth Weintraub Broker and ask her to be your agent: 916.233.6759.