How to avoid delaying closing due to an incomplete payoff statement
I am sharing a field experience in Mortgage, Title & Escrow. I had been working with escrow and title where a small condition can move the entire signing when the payoff statement arrived without a valid date and with confusing per diem. The symptom that made me investigate it seriously was that the lender was asking for the final balance, the seller said they had already sent it, and closing…