About Scott Killian www.SaveWithScott.com Expertise Texas Residential Real Estate needs in Tarrant County and the Mid-Cities area. Questions should involve buying or selling a home. Do you have a question about how your home is being marketed? How it is in the MLS? How is the price? How is the competition? Buying a home, what do I need to do to get started? How do I get pre-approved? Can you show me houses? Do I specialize in your area? How many homes has my agent sold before? Questions along this line are good things to ask. If you have a deed question or legal question, these type of questions need to be addressed to a real estate lawyer. I would be happy to recommend one if you like by just giving me a call at 817-703-1165.
Please visit www.SaveWithScott.com for more information about my company, Scott Real Estate
Experience Active and experienced Real Estate Broker in this area.
Publications Active Rain, Real Town, Bedford circulations
Education/Credentials Real Estate Broker. Bachelors degree, E-Pro, recognized by Channel 8, Texas Realtors Magazine, TLC Moving Up Show, and many clients in this area.
Awards and Honors Presidential Sales Cup for 5 years. Please visit www.SaveWithScott.com to see more about my experience.
Expert: Scott Killian www.SaveWithScott.com Date: 3/24/2008 Subject: Seller Funds not at Title Company
Question My loan was to close (per the contract) on the 17th of March. The seller did not receive the payoffs for the mortgages until Thursday of last week. The seller also has not yet sent the funds to close to the title company. The realtors put me in a residential lease for -0- per month until the loan closes. To date, funds for the closing have not been sent, and the realtors are not responding to find out where the sellers funds are.
What are my options at this point? What if the seller doesn't send the correct funds? I have moved into the house...should I be worried?
Answer I am shocked they let you move into the house. Anytime, people do not respond that is not a good thing. Yes, I would be worried. The house may be getting foreclosed on at any moment. Sounds like the seller does not have the money. You must have bought it for less than he owed. I would bet he is not making payments but I do not know that for sure. I would be concerned. You may get evicted if the house goes into foreclosure.
