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Buying Bank Owned Properties

May 24 2010

3 comments

In the past I have allowed the seller (the banks agent) to choose the escrow.  Although it’s the buyer’s right to choose in Alameda County.  Why you ask?  Well because the bank has said they woulod pay all the escrow and title fees.  I have found thought that even if you put it in the car contract they don’t always pay.  Also whne your client is buying a home in alameda county and the escroe and title companies (plurl) are in bevery hlls 90210 it makes for a much more complicated and expensive closing, with extra fees for a traveling notary.  So, lesson learned, from now on my clients will pick their own escrow not the bank!

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Posted in General, Home buying, Home selling

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