Short Sales

In November 2009, first-time buyers acconted for 54.1% of all short sales.

In August 2011 they accounted for 39.7% of short sales, the lowest ever recorded by the survey, which began in mid-2008.

Marketable V. Insurable title

dangle the carrot of even offering to pay for the cost of the title insurance provided you close through the seller’s closing agent.  In essence, a number of times there may be hidden defects or costs involved.  Remember the old adage “if it sounds to good to be true…..

At the end of the day, protect yourself, protect your buyer and be sure to engage a qualified Real Estate Attorney to perform an independent title examination any time the seller offers to provide title insurance because insurable title does not necessarily mean marketable title.