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homestead - Re: [Homestead] ARRRRG!!!

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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] ARRRRG!!!
  • Date: Wed, 26 Jan 2005 11:10:18 -0700


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.






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