Dept. of Justice wha?? HUH!?!?

[Roo]

A title search is not done until a house has a ratified contract. The realtor has no way of knowing about the title before the search is done.

The selling agent MUST have known the personal circumstances of the owners- and it obviously wasn't disclosed!

 

[Pearl]

The selling agent MUST have known the personal circumstances of the owners

Nope. A title search costs money and is not done until the contract is ratified and a settlement date is set.

Termite inspection, title seach, and other things depending on the state, get done once the contract is ratifed.

 

[Pearl]

BTW, a disclosure/disclaimer is about the house, not the owners.

 

[chag]

sigh...

 

[Roo]

Pearl, this all well may be true, but in my world, this is called 'lying by omission'. It is hard to believe the selling agent knew NOTHING of these people and why they were selling....

 

[Roo]

sigh...

Chag, it will all work out one way or the other. If you are meant to have the house, you will, otherwise that means there is a better house out there waiting for you.

 

[chag]

Chag, it will all work out one way or the other. If you are meant to have the house, you will, otherwise that means there is a better house out there waiting for you.

 

[kathyrose]

Chag, I hope it all works out in the end. The house is beautiful and I'd hate to see you not get it. I really hope that someway and somehow this will get taken of quickly.

 

[Roo]

Don't be sad, it'll all work out. Look at it this way: wouldn't you rather know this NOW rather than later? My experience with these matters has taught me that the government has a lot of powers and god forbid you were to close on that house and they were able to seize it or place leins on it anyway... you would not want that!! Perhaps that would be unlikely but in these times the Gov't can do pretty much whatever they want... this may be a blessing in disguise for you.

 

[Pearl]

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Pearl, this all well may be true, but in my world, this is called 'lying by omission'. It is hard to believe the selling agent knew NOTHING of these people and why they were selling....

Roo, I am not being rude or flaming and you cannot agree with me all you want but there is no way the agent would have known unless the seller told them, or if they were personal friends.

This is why title searches are done. They are not cheap and not done until a contract is ratified. This is also why there is title insurance.

As horrible as Chag feels now, better they find this out now, rather then later.

 

[chag]

Thanks Roo... I appreciate everyones kind words. And you're right Roo I would rather know now rather than be as s*it later.

 

[Pearl]

{{{{Chag}}}}, I know it is horrible.

Be thankful the title company did their job. They protected you!

 

[chag]

As horrible as Chag feels now, better they find this out now, rather then later.

Too bad there isn't a lay down and die emoticon ush:

 

[Roo]

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Roo, I am not being rude or flaming and you cannot agree with me all you want but there is no way the agent would have known unless the seller told them, or if they were personal friends.

This is why title searches are done. They are not cheap and not done until a contract is ratified. This is also why there is title insurance.

As horrible as Chag feels now, better they find this out now, rather then later.

I don't think you're being rude at all, so no harm done. I would think that with a money laundering prosecution looming over a household, the circumstances would be pretty apparent. However, if organized crime is involved (which it sounds like it might be) then maybe the agent was lied to as well. Who knows. In any event I agree with you that Chag is much better off finding this out now.

 

[chag]

Thanks I am glad they are doing thier job all right! I'm just gonna keep on praying that this is just a bump in the road