There are 2 blog entries for June 2009.
Another Satisfied Customer
Wednesday, June 17th, 2009 at 3:00pm. 2655 Views, 1 Comments.
Lisa spent the last six months sending me listings and descriptions of homes and condos in the Avon area. We lived in Brownsburg before moving to Port St. Lucie Florida so I had a pretty good Idea of where I wanted to look but she was so patient and helpful. We are now retired but during my career in Human Resource Management we moved many times and all over the Mid-West and I have never worked with an agent as professional and caring as Lesa. You can rest assured that I will recommend Lesa and Red Door to anyone that I can.
I want to thank the client that wrote this email and Lesa as well. It is far too easy to write a…
Indiana Good Funds Law
Tuesday, June 16th, 2009 at 11:16am. 9811 Views, 0 Comments.
There is a new law that takes effect next month that will have a big impact on the way closings are handled in the state of Indiana. The “good funds law” or House Bill 1374 will require all funds to bring to a closing over $10,000 to be in the form of a wire to the title company.
Effective July 1, 2009, any funds presented at closing over $10,000 must be in the form of a wire before a title company can disburse. This law affects all escrow funds in connection with a real estate transaction whether it is residential or commercial.
In the past, you (as a buyer) would typically be waiting with baited breath for “the number” or the final “cash to close”. All too often the final amount you needed to bring to the closing table comes WAY too…