Wednesday evening at 6:30 PM, I get the call I have been waiting for. After the sudden closing of Financial Title  last week, my client’s file has found its way to southern California. It’s on Pat’s desk at First American Title.

My first question: “How about the deposit money?”  The answer: “Well, we are still working on that.” Not a lot of answers at this point, but at least we have a contact person. Pat tells me the Financial Title files were distributed to First American offices all over the state.

By Thursday morning they found the money, a comfort to my client. Now we are working on getting bits and pieces of the escrow file together. Remember our final closing documents, in the Fed Ex packet? After being stuck in limbo, it was finally delivered to First American (Mid Valley) Title in Chico. Now they are forwarding it on to Pat.

Once Pat reviews the file, I expect she will come to me looking for any missing documents. The escrow that was set to close last week will most likely close next week. The REO bank that owns the property signed an extension. Which is good, since they chose Financial Title in the first place.

My client will be a little nervous wiring the money needed to close, and rightfully so!