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Joined: Apr 2006
Posts: 26
Member
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Member
Joined: Apr 2006
Posts: 26 |
My Dad and I purchased this property, or at least are attempting to. Here's the problem. The sellers are having trouble getting the Abstract Company to send the correct paperwork...
The property is really 3 separate properties on the deed so the abstract company ended up sending only one of the abstracts.
They have been very un-cooperative taking care of this and the mortgage rate we locked in is about to expire which would mean 1 more % point.
Any lawyers have any good advice...?
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Joined: May 2004
Posts: 14,676 Likes: 509
Moderator Lunker
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Moderator Lunker
Joined: May 2004
Posts: 14,676 Likes: 509 |
Bump and a question, Justin. What's the Abstract - kind of like a title search?
"Live like you'll die tomorrow, but manage your grass like you'll live forever." -S. M. Stirling ![[Linked Image from i.pinimg.com]](https://i.pinimg.com/736x/ed/b5/e7/edb5e7f935843b996cf52be593c9ebd2--smoothie-smooth-collie.jpg)
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Joined: Jan 2006
Posts: 16,555 Likes: 411
Moderator Lunker
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Moderator Lunker
Joined: Jan 2006
Posts: 16,555 Likes: 411 |
Justin, I don't think there's anything you can do other than tell the sellers to put a lot of pressure on the Abstract Company.
Tell them to ask the company what the hold up is and for them to tell the company that they are endangering the sale.
It's not about the fish. It's about the pond. Take care of the pond and the fish will be fine. PB subscriber since before it was in color.
Without a sense of urgency, Nothing ever gets done.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley Rancher and Farmer Muleshoe Texas 1892-1985 RIP Grandpa
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Joined: Jan 2006
Posts: 168
Lunker
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Lunker
Joined: Jan 2006
Posts: 168 |
Dave is on track. Consider asking the seller to have their lawyer call the abstract company. It's amazing how helpful some people get, when an attorney calls them. People tend to get even more helpful, when the lawyer adds in that they are endangering the sale.
I'm fighting my own battles with a Title Company, in the seller's county, having to work with a Title company, where the land is, and a Survey company, where the land is. The Title company in the big city of Houston freaks out, because they can't get anyone up there on the phone, during the luck hour, then calls me, because I wanted to handle and pay the land surveyors, myself. Surprise! All I could say is, "Well, if you leave a message they will probably call you back. If they don't, call them again, about 1:15." Jeez, I think city people want it to be a law that everyone has a cell phone and call forwarding.
--Kevin Mc
It's not about the stomach. It's about the fish. Take care of the fish and the stomach will be fine.
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