Remove Brokerage Remove Earnest money deposit Remove Title search
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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

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I’ve had clients wire money from China, and then be surprised that it takes 7 days to get here. Or, even from a brokerage trading house, that it takes 10 or 14 days once the wire’s initiated for the money to get to the escrow company.” The title isn’t clear. Source: (mizar_21984 / ShutterStock).

Closing 116
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.