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Rainmaker
2,827,176
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I would not know. That has never happened. 

I wish you all the best with your real estate studies. 

Nov 28, 2019 12:12 PM
Rainmaker
3,429,518
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I can't say this is a feeling I have ever experienced.  The closing procedure is different in each state and the process can even vary within the state.  Mistakes can occur but understanding and knowledge of local real estate is important when you want to avoid trouble.  Study hard(and lots) and good luck as you near your state real estate examination.  

Nov 28, 2019 11:11 AM
Rainmaker
1,659,993
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

It makes me feel like I know I'm doing my job and possibily saving my client from a BIG hassle.

Nov 28, 2019 12:18 PM
Rainmaker
3,368,365
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

If you use quality vendors it does not happen!

Nov 29, 2019 03:58 AM
Ambassador
3,447,245
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I've caught mistakes on the Closing Disclosures but, all I do is send it back to the attorney's office (the paralegal) and she will correct it. 

I'm just another set of eyes on the CD for the buyers or sellers because ultimately, the onus lies on the attorney (and lender).

Nov 28, 2019 08:25 PM
Ambassador
2,241,073
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Everyone is fallible and it happens!

Nov 28, 2019 01:11 PM
Rainmaker
1,558,474
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

We are an attorney state so it is not my job to correct it. Point it out, ok, but the attorneys handle all that here in IL.

In fact, I've been told to shut up at a few closings by my clients attorneys when I see something is wrong.

Nov 28, 2019 11:46 AM
Rainmaker
793,287
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I've had it happen prior to closing but not during. As long as it was not an error that caused the closing to stop and could be fixed easily I'd be ok

Nov 29, 2019 07:26 AM
Rainmaker
3,215,533
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I don't know how that feels. That has never once happened to me in 26 years. All paperwork has been checked and rechecked before closing.

Nov 29, 2019 07:16 AM
Rainmaker
1,264,637
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Never happens.

Nov 28, 2019 06:56 PM
Ambassador
4,374,737
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I hope that I dont have that problem.

Nov 28, 2019 06:14 PM
Rainmaker
72,350
Kris Collis, Associate Broker
Smart Way America Realty - East Stroudsburg, PA
Professional Results you Expect 570-507-7510

At closing table yesterday, lender docs displayed an unmarried couple as married.  It is also interesting that title co did not confirm in advance how their client wished to take title.  Both lender and title co could have prevented this.  

Agents are not privy to review closing instructions between lender and title co, agents are not in a position to find or correct this mistake.  And not an attorney state here.  

It closed on advice that lender would submit a corrected doc, the original was manually corrected.

Nov 28, 2019 05:05 PM
Rainmaker
5,509,188
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Clean it up and make sure the closing takes place.

Nov 28, 2019 02:48 PM
Rainmaker
5,123,799
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

in 41 years, that has NEVER happened to me....I highly suggest you don't let it happen to you either!!

Nov 28, 2019 02:28 PM
Rainmaker
4,577,318
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

You just asked that.  Happy Thanksgiving!

Nov 28, 2019 09:51 AM
Rainmaker
759,047
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Agents become masters of dealing with mistakes and corrections and keeping deals on track.

Nov 29, 2019 07:12 AM
Rainmaker
547,757
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

I always peruse the closing docs before an actual closing...and yes I do have any mistakes corrected...BUT...

I have also had title company revise closing docs and put bogus charges on the buyers side at the last minute. 

I throw a fit, stomp my feet and refuse to close...maybe a bit drastic, but that is what needs to be done to get things corrected.

Eve

Nov 29, 2019 06:44 AM
Rainmaker
3,052,933
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It should not ever come to down to being at closing and finding a problem with the new laws of needing 3 days to get closing docs before closing. There are many issues and i find them before we close. The buyer or seller rarely will now, i find it, i have the bank or ttile comany fix it and we close. 

Nov 29, 2019 05:24 AM
Rainmaker
844,498
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

That has never happened to me...yet...

Nov 28, 2019 11:08 PM
Rainmaker
1,260,673
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Bad, bad!

Nov 28, 2019 08:09 PM
Rainer
478,385
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

It is according to what paperwork.  I could be very disappointed, mad or truly amazed that it could happen at closing.

Nov 28, 2019 06:03 PM
Rainmaker
574,669
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Can't say I have experienced that but you do know, in an attorney state, the Attorneys handle the closing paperwork. 

Nov 29, 2019 07:57 AM
Rainmaker
3,129,575
Richard Weeks
Dallas, TX
REALTOR®, Broker

If there is a problem it is because the title company added or left something off the closing document (I still want to call it a HUD 1)

Nov 29, 2019 07:17 AM
Rainmaker
1,700,159
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

No, none

Nov 28, 2019 10:27 PM
Rainer
2,860
Rosy Hays
Fathom Realty - Jacksonville, NC
Veteran Serving Military to Buy & Sell Homes

Well, you would feel better if it isn't your fault! At this point, it can't be too bad and most of the time it can easily be fixed. Stay calm for the sake of your customers and get the deal closed!

Nov 29, 2019 04:24 PM
Rainmaker
1,116,178
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

The closing attorney will make the appropriate adjustment

Nov 29, 2019 03:16 PM
Rainmaker
1,020,526
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

When the whole family indoctrinates you to the business big mistakes simply don't happen and small ones happen even less.

Nov 29, 2019 10:03 AM
Rainer
1,335
Joseph Schoepfer
Windermere R/E South Inc. - Burien, WA

Luckily that has never happened. But further back in the transaction maybe at the original offer... I felt as if I lost the deal for my clients. Even though I fixed the mishap without skipping a beat. It’s never a good feeling and it keeps you on your toes the next time you submit an offer.

Nov 29, 2019 08:23 AM
Rainmaker
781,368
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I would image the feeling to be close to the feeling one experences when arriving at a house with buyers in tow and the E-box won't open.

Of course it aways someone else's fault.

OR......

it is when things go wrong that the pros show why they make the big bucks. 'Is the agent an order taker or a problem solver" becomes apparent.

HINT: there is always glitches but pros still make it look easy.

Nov 29, 2019 05:12 AM
Rainmaker
241,990
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

How does it feel? Lousy.

But hopefully you have the ability to correct the error. I almost always have the escrow agent send me the settlement statement ahead of time so I can review. However, one time we showed up at the signing and the settlement statement did not show a credit that was owed to the buyer. Fortunatley I had the paperwork with me and we got it corrected. That is why I attend all signing appointments.

Nov 29, 2019 06:43 PM
Rainmaker
4,162,409
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

No mistakes should be found at the closing table, you get the figures days before --- be sure they are correct! 

Dec 06, 2019 08:17 AM
Rainmaker
745,530
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Don't let it happen, check in advance!

Dec 01, 2019 05:30 AM