Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

> You should have heard the comments our broker made when the buyers 
> selected this escrow company.  They said that they have had problems with 
> that office.

In that case, if the buyers insisted on using that escrow company after 
being informed, your broker should have recommended a contract condition 
that if it didn't close on schedule, that the buyers would credit a daily 
penalty to you in the amount of your total carrying costs: interest, taxes, 
investment potential, etc.