transaction coordinatorIf you’ve been in real estate for any length of time, then you probably know that some deals can get pretty tricky. Some go smoothly, and everyone prefers the smooth sales to the tricky ones.

Most recently, the Oceanside transaction coordinators at Transaction 911 ran across one of those tricky deals. In this transaction, the sellers refused to permit access to the property for inspections and appraisal, until they had removed all of the personal property. This took over 17 days, which impacted the buyer’s time frame. Then, to make matters more complicated, when the buyer reviewed the seller disclosures, the buyer learned of a county code violation because a structure had been erected without permits and sits too close to the property line.

Oceanside Transaction Coordinator Tips

The Oceanside transaction coordinators now see that all parties are in a bit of a tizzy. If you find yourself involved in a tough deal such as this one, you should always follow these four easy steps:

  1. Contact your Broker immediately. Your Broker is trained to assist with tough situations, and will contact legal counsel if necessary.
  2. Contact California Association of Realtors® legal hotline. The legal hotline is absolutely free to members of the California Association of Realtors®, so why not take advantage of this great resource.
  3. Contact Risk Management through your Errors & Omissions Insurance.  Most Errors & Omissions Insurance providers offer limited risk management services for free. Look into how they can assist you with your problem.
  4. Don’t go crazy over email. It’s so easy to type out an email and click send. But, keep in mind that email messages become part of a paper trail that can work for or against you. Most often, they will work against you. Pick up the telephone and contact the correct parties in order to resolve any issues that arise.

If you are in a transaction that is going south, the Oceanside transaction coordinators at Transaction 911 can help. So, why not take advantage of the advice above, and contact us to help assist you with the paperwork on your next real estate transaction?

Check out these additional tips:

Which Forms Do I Use?

How to Fill Out a Request for Repairs

How to Complete the Agent’s Visual Inspection Disclosure