The best thing about being the Wine Dog is I get to pop off about stuff that just chaps my hide.Â I do check out the other title blogs.Â There’s some very good ones out there.Â After a few days of seeing the same subject woven into several postings, sometimes it’s just time for me to pop off.Â Foreclosures.Â Banks forcing the buyers to go back to their title company.Â Generally, it’s a company that the bank has cut some sort of deal with.Â At the end of the day, there is no reason for this and in a buyer pay, I question it’s legality.Â Want to get up somebody’s ass about something Mr. Poizner?Â How about the lender/now owner’s practice of forcing the deal to their company?
Back inÂ August, the Wine Dogs elderly parents were evicted from their home of nine years by the incredibly unethical and reptilian Judy Davis. Â She told my parents they were buying their retirement home.Â The truth of the matter, Judy needed income and used the sale of my parents home to generate it.Â To say she was unscrupulous would be an understatement.Â She then proceeded to steal their deposit from them.Â If I saw her crossing the street, the Police would have to ask why there are no skid marks at the accident scene.Â She is one of the few people who has gotten a Worst Person in the World award here on PBE.
In August The Sonofabun had just gotten his real estate license.Â Upon hearing of the elder Winedogs’ predicament, he took it upon himself to find them a place to buy.Â He found a REO condo, a mile from my house, in great shape.Â We lowballed it and after two weeks of fighting with the lender who seemed to believe thatÂ in September 2007 somebody was going to fall from heaven and give them full list, they accepted our offer.Â Then they forced us to go to their title company.Â I fired off this missive.
It is highly unusual that the seller demands to pick the title company.Â As Contra Costa County is a buyer pay, the buyer should be allowed to choose the company they purchase their policy from.Â That being said, I am concerned that the seller is going to open this with a Southern California escrow agent that participates in questionable business practices.Â Southern California is renowned for that sort of behavior and it would answer the question of why the seller is adamant about picking the title company.Â That being said, and in the interest of getting this thing closed, we are acquiescing to this unusual request.Â I think it would be best to advise the sellerâ€™s agent the level of sophistication of your buyer.Â Please feel free to advise them of my position, the fact that Father Winedog was a licensed Real Estate Broker for 45 years and the fact that The Brother is an Attorney practicing law in the State of California.Â We will be in the position to close on October 6, 2007.Â We will not tolerate any irregularities or unnecessary delays brought on by the escrow agent, when we were not allowed to choose our own.
Then I found out that their title company was the Bloodless Empire.Â The truth of the matter is I probably had Christmas dinner with the salesman that cut that deal.Â At the end of the day it turned out fine, but I knew I was going to need some Herculian escrow services to make the Ministry’s eviction date and it would not have happenedÂ for Joe Consumer if he was purchasing the house.Â (Feel free to refer back to theÂ older “Â Worst Person” or “Rope a Dope“Â post.Â I know I’ve got a lot of new visitors who didn’t get to enjoy those stories first time around)
Did I get better service because I knew how it all worked?Â Oh hell yeah.Â Should everyone who needs that service get it?Â Actually, a lot of the time they do.Â Is that value added?Â You bet yer ass.Â Should the County Recorder be for flexible for all constituents?Â Without question.Â Should the lender have been able to force me to any title company?Â No.Â That’s wrong.Â
Educating Rita redux
We had our sixth class last night.Â Rita did a one minute sit stay.Â No one was more surprised than I.Â We’ve been working on it, but something strange has happened in the last couple of days.Â That little dog has become less interested in being a butthead and has become more interested in pleasing me.Â It’s kind of nice.Â She just wants to be near me and if I ask her to do something, she tries her dog best to figure out what it is and do it.Â In a pinch, she just sits and waits for further instruction.