Spoke with the appraiser on Friday, and he said that everything checked out just fine, so the underwriters should be happy now.
Yesterday, the notary from the escrow company came by our place and we signed all the papers necessary to close.
Now all that needs to happen is for Wells Fargo to fund the loan and the transaction to be recorded with the county, and we’re homeowners — our real estate agent will hand over the keys and we’re in. Hooray!
(I’m a little disappointed that we don’t get the big meeting where everyone sits down together and papers are signed and keys are handed over, but according to the escrow company person that only happens on the East Coast anymore, except on TV.)
The sellers, who are completely moved out, have apparently abandoned an old ’80s-model car on the property (among other things, mostly junk that we’ll have to pay to have hauled away). Our real estate agent has given us to understand that any personal property left behind becomes ours with the house sale, but does anybody know if that applies to cars and if so or if not what we should do to dispose of it legally?
#1 by Aramada on September 6, 2009 - 4:34 pm
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Once they have moved out, all parties have signed the papers, and you’ve received the keys, whatever is there on the property is yours. To be absolutely safe, I would send an email to the sellers, stating that they seem to have left this car on the property, and confirming with them that they meant to do that. (This gives you confirmation of abandonment.) I would be giving the DMV a call to find out what needs to be done if you want to keep the car and use it as yours.
~Aramada
#2 by Bryan on September 6, 2009 - 4:37 pm
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Excellent! Thank you. We’ll probably just be donating it.
#3 by Tracy on September 6, 2009 - 5:33 pm
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I am so excited for you. Woohoo!
And for the record, itdoesn’t just happen on the East coast. i worked inthe title insurance industry here in Utah for 10 years and closings *still* happen around the table. You just don’t the keys until the loan funds, usuall 2 or 3 days after closing. 🙂
But yeah – I’m so thrilled for you guys. It will be awesome for your little family 🙂
Tracy/aka victorianrose23 😀
#4 by Aramada on September 6, 2009 - 5:58 pm
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If you guys are donating it, I would still double check with the DMV to see if there is anything that needs to be done, paperwork wise.
~Aramada
#5 by jentini on September 7, 2009 - 12:59 am
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Oy, I love people who move out and leave crap.
Yep, if they leave shit, it becomes yours and you are liable for the removal cost. If you wanted to be really vindictive, you could have it moved to the sidewalk, declare it abandoned and have the city deal with it. If it’s in their name, they’ll have to deal with that or have it on their credit/bothered by collection agencies.
your call.