imhotrodcrazy wrote: ..."I would just sit back, relax and think about your beautiful new home... "
That's good advice, Rollercoaster_84. Stop worrying, it's out of your hands anyways.
But if you want to worry about what could happen, here's a few of the things that have happened to me over the years in real estate transactions where I was either the principal or the broker:
- The seller dropped dead two days before the closing;
- The title wasn't clear because a previous owner had deeded one foot of property to his neighbor so that the neighbor could install a driveway, making the grantor's property technically no longer a legal-sized residential lot;
- The title wasn't clear due to a paid-but-never-released, lien on the property from some thirty years back...the lien-holder was longtime dead, and relatives could not be located to release this lien.
- The feds changed the lines on what used to be just a nearby floodplain, making the property in question now smack in the middle of the floodplain. This change happened literally one week before the closing.
I've got lots more, some of them even stranger than these, but they're all flukes. You do enough real estate deals, you're bound to run into some of these things. But they're all straight out of "The Twilight Zone", and not usual at all.
So, I'd do like imhotrodcrazy said, just sit back, relax, and think about your beautiful new home!
