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Updated about 4 years ago, 11/25/2020

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15
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Tyler Weiss
Pro Member
0
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15
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Seller wants to change title companies before closing??

Tyler Weiss
Pro Member
Posted

I was supposed to close a week ago on property but we are seeing delays. The seller now wants to back out or change title companies. He is furious with them for lack of communication, lack of internal communication, time delays and other things. He has been upset that it wasn't a checklist of all documents needed to be signed at once. They have trickled in one at at time over the course of several weeks.   I also don't think he understand the process. Unfortunately I don't understand it enough either....

This is an inherited property which had him and 3 other siblings on it as beneficiary upon death. In 2017 his mother listed just 2 siblings on it without canceling the first one.  The seller wants everything to go through him, all paperwork, warranty deeds, seller directions etc He does not want title company mailing it to his siblings to sign off. He wants to drive hours to walk them through it himself in person. . But is now furious that he will have to bear all the tax burdens. (instead of it being distributed between siblings)

The title Company has already did the the title search and 90% of work. I don't think this is their fault. But what can I do save this?
Is it too late to switch title companies? Would I still have to pay them for their work?  Is this out of his mind? 

  • Tyler Weiss
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