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Disclosure Laws >Avoiding Delays During Escrow

Unforeseen problems can arise during escrow, and closing dates are never set in stone! Lenders, appraisers, title attorneys, credit check services, or anyone who is involved in the transaction could potentially delay a closing. Stay in close touch with your real estate agent, who will notify you of deadlines and help you deal with delays.

Well-written sales contracts are the key to avoiding problems during escrow. For example, provisions can be included in the agreement that require the buyer to provide evidence of sufficient funds for down payment and closing costs, or to present proof of the ability to obtain homeowner's insurance. Because of new restrictions on insurance policies, the mortgage lender may require insurance before funding the loan.

There is also a section in the sales contract wherein the seller makes a warranty to the buyer of the condition of the property. It is important to make sure that this clause is modified to reflect the seller's transfer disclosure statement. If this is not done, the seller could be required to repair items that are found to be dysfunctional or faulty, and this could add time to the escrow period.

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Jaira Kapp & Associates are Thousand Oaks Real Estate moving relocation specialists, Looking for Homes for Sale in Thousand Oaks Ventura County California? We also specialize in Agoura Hills real estate listings and homes for sale, Westlake Village real estate listings, Newbury Park real estate listings, Dos Vientos moving and relocation, Oak Park Real Estate listings, Simi Valley Big Sky moving and relocation. Ventura County Relocations and Homes for sale. Free MLS search Homes for sale in Thousand Oaks. Relocating to Ventura County, Luxury Homes, Affordable Homes.

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Don't settle for the rest choose the Best! Ventura County's Moving and Relocation Experts. Don't forget to ask how Jaira can save you thousands on commissions when selling your Thousand Oaks home. Ask for your Thousand Oaks house homes property value today! Kapp Team Thousand Oaks Real Estate listings, moving and relocation specialists. Visti our Thousand Oaks Homes for sale website for all your moving needs.

2004 Southland Regional MLS. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange/ Broker Reciprocity Program of Southland Regional MLS. Real estate listings held by brokerage firms other than Keller Williams are marked with the Internet Data Exchange/Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Southland Regional MLS data last updated: 12/16/04, 9:07 AM

2004 Ventura MLS. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Ventura MLS. Real estate listings held by Keller Williams and brokerage firms other than Keller Williams are governed by the Multiple Listing Service, Inc. Rules and Regulations and detailed information about them includes the name of the listing companies. The information being provided is proprietary property of the Multiple Listing Service, Inc. and is for consumers' personal, non-commercial use and shall not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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