Palm Harbor Florida Real Estate Blog

Why Work With A Realtor? Example Of A Bank Owned Closing...

Why work with a Realtor? There are many reasons and one of them is that when you are dealing with bank owned property, you need somebody on your side.....that would be your Realtor.

Barbara-Jo's Beach Blog,ClearwaterFloridaRealEstateBlog.comWe are currently closing on a bank owned property here in the Greater Clearwater Area of Florida. The closing company is down near Miami.....not unusual when dealing with bank owned properties.

Today my client received the package via email for signatures but with NO instructions as to what to do with it, where to sign or anything else. Naturally, I had asked for a copy of the package as well since I figured this scenario just might transpire. I went through the package, all 25 pages of it, and wrote a step by step email as to where it needed signatures and other information.

While we deal with packages like this often, we need to remember that a 25 page closing package without any instructions can be somewhat daunting for our client!

Since it is a cash deal, nothing needs to be notarized here in Florida but the money must be wired to the closing title company, the signed package emailed and the original docs overnighted to the title company. I am meeting with my client in the morning to scan and email the package for him from the office. He can then go to FedEx, using the prepaid label that was also emailed to him, to send the package. The money will be wired tomorrow from his bank. Since the actual closing date is next Tuesday, we are good to go!

If he had not been working with a Realtor, my client would not have known what to do with the package and only one mistake would be enough for the closing to be canceled.

Remember, it is well worth it to work with a Realtor. And the seller pays all Realtor fees!

 

 

Buying or Selling - - Call Barbara-Jo for all of your real estate needs! - - 727-512-0910

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Barbara-Jo Roberts Berberi, MA

Charles Rutenberg Realty

Serving the Greater Palm Harbor Florida Area, including Crystal Beach, Dunedin & Tarpon Springs Florida

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If you are thinking of purchasing in the Palm Harbor, Crystal Beach, Safety Harbor, Dunedin, Tarpon Springs area or along our pristine Gulf Beaches, give me a call! With years of experience in the local real estate market, I am here to assist you in making one of the most important purchases of your life! Give me a call today! Find out for yourself why living along the Gulf Coast is indeed living in Paradise!

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