Serious question, heard a client say they'd rather lose a deal than wait two weeks for a title check

I was at a networking breakfast in Charlotte last week, and the person next to me was talking about a real estate deal. They said, 'I told my agent, if we can't close in 21 days, I'm walking. I don't care about the perfect house.' That really stuck with me. I've always thought due diligence was the most important part, but this person valued speed over everything, even security. It made me wonder if the push for fast closings is creating more risk than people realize. Are we getting so focused on the finish line that we're skipping crucial steps? Has anyone else had a client or deal where the rush to close almost caused a big problem later?

3 comments

3 Comments

mila_perry131mo ago

What happens when that fast deal uncovers a major lien after closing?

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hugo_bennett1mo ago

Didn't that used to be the buyer's problem?

loganthompson1mo ago

Exactly! It totally shifted to the seller. I had a friend who sold her condo and had to clear up an old contractor lien from like ten years back before the sale could even happen. It's a huge headache now. Mila_perry13 is right, that risk of hidden liens is real and scary. The whole process just got way more stressful for the person selling the house. You're basically on the hook for any surprise paperwork until the keys change hands.

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