

2,233,392
Already goin on in my area with TRID
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Nina Hollander, Broker
Charlotte, NC
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Anthony Acosta - ALLAT...
Atlanta, GA
1,762,198
Not common at all. For us, whichever party chooses title pays closing.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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John McCormack, CRS
Albuquerque, NM
5,425,389
Not sure what you are asking. TRID requires that buyers and seller sign their docs separately if using the same settlement agent. Can buyer and seller use different settlement attornies? Of course.
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John McCormack, CRS
Albuquerque, NM
3,986,529
1,649,130
This is going to possibly start happening due to TRID and required by lenders that do not endorse the current choice of escrow. It was something we were warned about in training last year. Typically in San Diego, the buyer chooses escrow here (most expense to buyer) and will defer Title Co to seller, when the seller bothers to counter, since the seller pays title fees.
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Thomas J. Nelson, REAL...
La Jolla, CA
939,488
Yes, it happens. One family I work with will only use a certain title company whether they are buying or selling. But most prefer to not do split settlements.
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Thomas J. Nelson, REAL...
La Jolla, CA
6,804,176
544,164
Choose their settlement? Buyer chooses the settlement attorney in my state.
6,073,912
3,764,591
Here it's highly unusual to have two settlement companies involved in a single transaction.
5,382,697
We have been doing this for years. So much more efficient. The sellers take 15 - 20 minutes to sign as they have very few papers. The buyers take an hour to sign..as busy as everyone is only makes sense to split these sessions.
1,549,870
Never heard of this. Not sure I understand the question. Out here we have escrows and both sides have to use the same one.
4,812,930
Not sure I understand the question but in real estate everything is negotiable. That said, there are common practices in each local market. We don't use attorneys for closings in California. Buyers and sellers agree(negotiate) who will be the escrow/title company and how the fees will be divided in Southern California where I practice.
3,075,066
152,917
This is very common, and even if we use the same settlement company, I can't remember the last time the buyer and seller sat down in the same room together!
8,276,264
We use title companies in our area and the parties normally settle at the same office.
1,677,946
1,466,257
Desmond Neoh In commercial real estate it is common. Each party usually likes to choose their own attorney.
4,434,277
5,593,983
4,322,295
Desmond Neoh it's not common in our area - however, I have done that few times...(through attorney, of course.)
4,273,331
3,988,144
It happens but not often. We all know the title companies and whoever is paying the majority of the closing costs usually picks the closing company.
2,578,317
In ND the Buyer chooses the Settlement company and both parties abide by that decision.
223,973
3,417,759
In NH the buyer chooses who will close the sale. Most often the only sellers hiring their own closing lawyer are the banks.
1,272,784