BalterBill

The folly of rehabbing a house in Baltimore city

Sunday, March 27, 2005

The Usual Snags

Well I am anxiously awaiting all the final details to go to closing.
Everything seemed to be chugging along nicely until I got a disconcerting call from the title company. Aparently, a good percentage of the people who own houses in Baltimore are crackheads, the guy I'm trying to buy this house from is no exception. The title attorney let me know that there was already a contract on the house before I purchased it. We spoke with the owner and after a not so lucid explanation of the facts we were given to understand that the contract had been rescinded and was rendered null and void. Baltimore city government, a bastion of intellect and logic, had the title listed as pending sale in the public record. Fortunately with a couple calls the title attorney got everything back on track and we are moving forward again at an excruciatingly slow rate. Hopefully next week we will have a firm settlement date and we can begin work.

0 Comments:

Post a Comment

<< Home