How long does it take to obtain a title report?
I am purchasing a short sale home. The BPO has been completed and came back good. The bank has ordered a title report and then needs to review the PMI insurance of seller - how long should that take? The seller's bank is telling them to check back on 9/15 - THAT IS 24 DAYS AWAY! When my bank ordered the title search it came back within a week. Thanks for any insight.
Asked By: Jennifer M - 8/22/2008
Best Answer - Chosen by Asker
A short sale is not named short because it takes a short time... More
Answered By: glenn - 8/22/2008
Additional Answers (1)
It isn't the title search that is going to hold this up, it is the lender. Once they have all the information, it will sit on someone's desk, they will approve or disapprove, it will move to someone else's desk, etc., etc... More
Answered By: godged - 8/22/2008
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