Episode #264 A Behind the Scenes Look at Home Closing with Susan Berry of Des Moines Escrow
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Closing on a home is one of the most dramatic events in a person\\u2019s life \\u2013 and just like a theatre performance, there\\u2019s a whole lot of hustle taking place backstage.\\xa0 On this episode of Open House, Reba and Eric draw back the curtain for a peek at the other side of the closing process, with Escrow officer Susan Berry.
You\\u2019ll get insight into:
\\xb7\\xa0 \\xa0 \\xa0 \\xa0 The problems escrow encounters in transactions, and how they\\u2019re handled.
\\xb7\\xa0 \\xa0 \\xa0 \\xa0 Some of the important failsafes escrow is required to follow when processing transactions.
\\xb7\\xa0 \\xa0 \\xa0 \\xa0 Concerning shortcuts some escrow companies may take that imperil their clients\\u2019 identity, security and finances.\\xa0
\\xb7\\xa0 \\xa0 \\xa0 \\xa0 The prime opportunities for scammers to attack, and the actions you and your agent can take to thwart their efforts.
\\xb7\\xa0 \\xa0 \\xa0 \\xa0 Some of the warning signs that a title may not be clear on a listed home.
\\xb7\\xa0 \\xa0 \\xa0 \\xa0 The complications arising come closing when agents are unfamiliar with county ordinances (ie septic systems in King and Pierce).
\\xb7\\xa0 \\xa0 \\xa0 \\xa0 The roadblock that clearing a title can become in the event of a lien.
Plus a look at some of the seasonal changes in the housing market, tricks agents play to create a "feeding frenzy,"\\xa0 and one particularly -strong- reason online home sales will never be a good idea.
It's a look behind the scenes at escrow, and you'll never see home closing the same way again, on this episode of Open House with Team Reba.