What Happens If The Sale Of A Home Falls Through Due To Title Issues?
The excitement of buying or selling a house is meant to be contagious. It’s a chance for buyers to move into a home that they feel like is theirs. Sellers are relieved to be able to move forward and possibly unlock money that was locked up in the property. Sometimes, however, the whole process can come to a grinding stop, not because the buyer has backed out, or because financing has collapsed, but due to something less expected, such as title issues. Bonardi & Uzdavinis has seen many real estate transactions fall through at the last moment because of hidden problems in a property’s past. Most people do not think about title issues until they are at the closing table or, even more frustrating, when they find out they cannot get to that point because of a problem.
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