Some Closings Hit a Wall with AWOL Buyers
The closing is the last step in the long, sometimes difficult, almost always anxious journey in buying and selling a house. And it can be just as ripe for pitfalls as any other part of the process.
The closing is the last step in the long, sometimes difficult, almost always anxious journey in buying and selling a house. And it can be just as ripe for pitfalls as any other part of the process.
If your closing was postponed recently, cybercriminals may be to blame.
A critical reason every buyer needs a competent agent with excellent negotiation skills is to prevent lawsuits, especially when post-closing problems occur. The question is how to avoid post-closing problems in the first place.
A Rhode Island man pleaded guilty in federal court in Boston to fraud schemes involving business email compromise, including one that targeted a Dorchester real estate attorney.
As businesses begin to open, the real estate industry will continue to change and evolve. As evidenced by what we have seen so far, technology will take a greater presence within the transaction.
Title companies are pulling out all the stops to get deals closed during the COVID-19 pandemic. But they say the best way to close – not just during the outbreak, but moving forward – is electronically.
A group of real estate attorneys is asking Gov. Charlie Baker for an executive order allowing them to perform virtual closings via teleconference as face-to-face meetings with clients become impractical because of social distancing.