I would not know. That has never happened. 

I wish you all the best with your real estate studies. 

I can't say this is a feeling I have ever experienced.  The closing procedure is different in each state and the process can even vary within the state.  Mistakes can occur but understanding and knowledge of local real estate is important when you want to avoid trouble.  Study hard(and lots) and good luck as you near your state real estate examination.  

It makes me feel like I know I'm doing my job and possibily saving my client from a BIG hassle.

If you use quality vendors it does not happen!

I've caught mistakes on the Closing Disclosures but, all I do is send it back to the attorney's office (the paralegal) and she will correct it. 

I'm just another set of eyes on the CD for the buyers or sellers because ultimately, the onus lies on the attorney (and lender).

Everyone is fallible and it happens!

We are an attorney state so it is not my job to correct it. Point it out, ok, but the attorneys handle all that here in IL.

In fact, I've been told to shut up at a few closings by my clients attorneys when I see something is wrong.

I've had it happen prior to closing but not during. As long as it was not an error that caused the closing to stop and could be fixed easily I'd be ok

I don't know how that feels. That has never once happened to me in 26 years. All paperwork has been checked and rechecked before closing.

Never happens.

I hope that I dont have that problem.

At closing table yesterday, lender docs displayed an unmarried couple as married.  It is also interesting that title co did not confirm in advance how their client wished to take title.  Both lender and title co could have prevented this.  

Agents are not privy to review closing instructions between lender and title co, agents are not in a position to find or correct this mistake.  And not an attorney state here.  

It closed on advice that lender would submit a corrected doc, the original was manually corrected.

Clean it up and make sure the closing takes place.

in 41 years, that has NEVER happened to me....I highly suggest you don't let it happen to you either!!

You just asked that.  Happy Thanksgiving!

Agents become masters of dealing with mistakes and corrections and keeping deals on track.

I always peruse the closing docs before an actual closing...and yes I do have any mistakes corrected...BUT...

I have also had title company revise closing docs and put bogus charges on the buyers side at the last minute. 

I throw a fit, stomp my feet and refuse to close...maybe a bit drastic, but that is what needs to be done to get things corrected.

Eve

It should not ever come to down to being at closing and finding a problem with the new laws of needing 3 days to get closing docs before closing. There are many issues and i find them before we close. The buyer or seller rarely will now, i find it, i have the bank or ttile comany fix it and we close. 

That has never happened to me...yet...

Bad, bad!

It is according to what paperwork.  I could be very disappointed, mad or truly amazed that it could happen at closing.

Can't say I have experienced that but you do know, in an attorney state, the Attorneys handle the closing paperwork. 

If there is a problem it is because the title company added or left something off the closing document (I still want to call it a HUD 1)

No, none

Well, you would feel better if it isn't your fault! At this point, it can't be too bad and most of the time it can easily be fixed. Stay calm for the sake of your customers and get the deal closed!

The closing attorney will make the appropriate adjustment

When the whole family indoctrinates you to the business big mistakes simply don't happen and small ones happen even less.

Luckily that has never happened. But further back in the transaction maybe at the original offer... I felt as if I lost the deal for my clients. Even though I fixed the mishap without skipping a beat. It’s never a good feeling and it keeps you on your toes the next time you submit an offer.

I would image the feeling to be close to the feeling one experences when arriving at a house with buyers in tow and the E-box won't open.

Of course it aways someone else's fault.

OR......

it is when things go wrong that the pros show why they make the big bucks. 'Is the agent an order taker or a problem solver" becomes apparent.

HINT: there is always glitches but pros still make it look easy.

How does it feel? Lousy.

But hopefully you have the ability to correct the error. I almost always have the escrow agent send me the settlement statement ahead of time so I can review. However, one time we showed up at the signing and the settlement statement did not show a credit that was owed to the buyer. Fortunatley I had the paperwork with me and we got it corrected. That is why I attend all signing appointments.

No mistakes should be found at the closing table, you get the figures days before --- be sure they are correct! 

Don't let it happen, check in advance!