Something I learned recently is that in parts of the US, the main brake on the real estate bubble is the fact that title companies are backed up and it now takes four months or more to close a sale. Does anyone know more about this, anecdotally or real fancy-like with data?
-
Show this thread
(If you don't know American real estate, a title company is an intermediary that makes sure the title is clean, surveys the property, offers insurance against title drama, may offer financing on the sale, does escrow, and gives you a room with lawyers to sign final papers in)
4:08 PM - 14 Oct 2021
0 replies
2 retweets
14 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.