It signals that someone is willing to apply an overly simple rule of thumb to something where it's not appropriate. 

There's enough different folks on this forum operating in different markets that you might get some valuable input.I think one of the biggest things is, does the macro environment signal growth?

But a quick look at realtor.com shows some new construction homes have been on the market for a while... that would signal a red flag for me.

Thinly-veiled virtue-signalling post.

They are old school and definitely not technology savvy, but their paperwork seemed thorough and organized.Maybe it should have been a warning signal when they handed over a wad of unmarked keys.

I have some signals that I'm always beefing with in Riverside :)

Ask the title company to do their standard title insurance work for both buyer and seller.4) Do the due diligence on the property and allow the bank to do their underwriting process.5) Schedule the closing, wire the money, and sign all of the documents to transfer ownership.Is there anything that I'm missing or have left out?

The worst thing a Seller can do is sign a PA to sell a bldg to a rookie contract flipping buyer whose written approval is needed to sign all new leases, renewals, or other material decisions, etc. 

It uses cell phone signal.

@Russell Brazil - I hear you and again this could be really early signals or maybe nothing at all.