All Forum Posts by: Michela Bianchelli

we have an attorney.
the bank seems to be upset because of our choice, i can't understand why they assume we will delay the closing. they say they will be ready for that day, that they want a timely closing and want the signed contract as soon as possible-but the contract is in the attorney's hands and we haven't seen it yet.
we will wire a x dollars deposit on monday ( to the attorney for escrow acct,that I don't know what is :oops: ) and they seem to be in a hurry...
i feel really uncomfortable with thus deal...
bye bye
michela

yes Jon, I'm sending the money to the title company.
and...closing by mail!!! :goofy:
I will be in Fl in August, they want to close on the 9th of July.
I'm paying cash so no problems.
I just need to know about the title insurance, I don't know what kind of insurance is, the owner one I think.
my cousin is an agent and she's following everything.but she never followed a REO, that's the reason why she advice us to get an attorney.
anyway, I will let you know.
thank you for your advices and kindness!
michela

thank you!
the closing will be done by a title company.
of course, I'm going to read the contract before sending money.
I'm trying to find out how much would an attorney cost and if they are providing me of a title insurance.
I know in normal real estate purchase there are 2 months before closing and just one in REO.if i understand well during this time the title finds out if there's something wrong with the house, right?
so if something is found, the title insurance(that is the same as owner title policy?) will pay.
tell me I've understood, please! :crying:

hi, i'm a new entry, here.
I'm from Italy, so please forgive my english!
My hubby and I have just won a bid on a house in Estero(FL).we are excited and worried at the same time. An american relative of us is following the whole thing for us and told us about the limited warranty deed. she adviced us to get an attorney.but we can't understand why.
we know the bank is providing us a Title insurance, wouldn't it be enough? what would an attorney do?
I hope someone can reply soon, we are in a hurry, we should wire some money tomorrow. :lol:
thank you!
michela