All Forum Posts by: Account Closed

Excellent points!

No loan is ever worth a personal guarantee especially for business. My answer would be absolutely not hell no.

I guess you missed where I've personally closed on 30 homes last year and I'll close on 30+ this year. Not to mention ive got a 180 home sub division in the works plus another 16 home sub division that I'll have to close on all of those homes next year. My Company is listed in my profile as well.

Moral of the story here is just have your lawyer review all documents people want you to sign and don't sign anything until your lawyer says to. Period.

I'm not a realtor or an agent of any kind, I'm a home builder and have several lawyers that review everything I might sign and will sign.

I've done enough deals to know that personally, my lawyer would tell you that it should have been signed at closing first off and second, the language isn't acceptable and to revise it and that I might sign it when I have the time.

I'm just saying you represent a title company and probably have a history of presenting documents late to closing and hate when either side won't sign documents you missed.

I represent the the customer of a title company and as a customer we typically hate when the title company drags their feet, delays closing for a number of excuses, and tries to present documents to be signed after closing has been completed.

I think I speak for everyone when I say that no matter your opinion of how you do business or would like to see business done....this document should have been presented before or at closing and that the sellers lawyer should have been able to review the document prior to closing so that revisions, if any, could be made.

Time is money. Period.

Presenting documents after closing only causes wasted time, potential added cost, potential added risk, and potential delays. 

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I'm going to have my lawyer add language in my contracts that if documents need to be signed after closing that the title company will refund 100% of their fees. Maybe others will follow suite as well.

I sold $7.8 million worth of homes last year and on schedule to do about the same this year. This should have been brought up before or at closing....not after and the language of that form is not something any lawyer on your side would have you sign. At least not without some changes!

What are your goals and what do you bring to the table?

You would never get me to sign that page and you for sure would never get me to sign it post closing. My lawyers would agree with me.