It depends on what state you are in. I prefer the CA way, they aren't in the room together. But in NC we are in a "closing table" state, buyers and sellers almost always sign at the same time. We also close with a hud, not a estimated settlement statement, so everything is supposed to be perfect at the table, not fee changes.
Another question to whoever mentioned the overnight fee.....why would that go to the lender? The lender normally calls the TC and gets their Fed Ex number to send the docs to them if overnighted, then the TC has to send the package back to the lender, overnight the payoff checks out, overnight the proceeds checks out if someone can't pick them up. There is a lot of overnight packages being sent out. And if the lender is local, there are alot of courier charges that TC's have to pay. |
