Tip 94: How quickly will he settle this matter for me?
After you have chosen your settlement agent, get the name of the settlement agent of your buyer and provide this to your own agent.
The way it works is the two agents will then work together to contact the banks, arrange for title searches and title insurance, draw up the sale contract and calculate any other fees that have to be paid.
Settlement agents don’t work with the same speed as other agents. If you feel that the process has stalled and it’s not your agent’s fault, then your buyer’s agent may be causing the delays. If delays become major concerns, you may want to seriously consider the next buyer on your list, but inform the first buyer
that you can’t afford to wait any longer.
The way it works is the two agents will then work together to contact the banks, arrange for title searches and title insurance, draw up the sale contract and calculate any other fees that have to be paid.
Settlement agents don’t work with the same speed as other agents. If you feel that the process has stalled and it’s not your agent’s fault, then your buyer’s agent may be causing the delays. If delays become major concerns, you may want to seriously consider the next buyer on your list, but inform the first buyer
that you can’t afford to wait any longer.
posted by Nadim at 4:38 AM
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