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Author: inparadise Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127683  
Subject: Re: Closing Pains... Date: 7/16/2014 7:27 AM
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The only home transaction (buying or selling) that I've ever been involved in that came off on the original schedule with no hiccups was one that was a cash purchase on a bank-owned foreclosure.

Seems like its always something!


Try the fun of an estate sale with 5 people inheriting, all far flung across the country. No, 4 now, since in the years this has dragged out one has passed on without other heirs. As many times as this house has gone on to closing, you would think the lawyers would know what the heck they are doing, and there would be no surprises, but this as is cash deal is once again at risk of falling through because apparently the spouses of the heirs are also considered heirs in NC and none of the spouses signed the agreement we siblings signed allowing for a quick close.

Rural NC...not a wonderful place to sell real estate. Not even sure we could give it away at this time, given the sales price is down to $35,000. No wonder no one wants to put the effort in for so little payback.

IP
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