[rescue] Gigabit Ethernet (Copper) Switch Advice SOught

Sheldon T. Hall shel at cmhcsys.com
Thu Aug 21 12:10:28 CDT 2003

Dave McGuire says ...
> The only thing I know about real estate transactions
> is that they're overcomplicated. :-/

It looks that way because you're actually doing so many things at once.
Typically, someone (either the buyer or the seller) has to pay off a number
of people, ranging from the courier to the closing attorney, old mortgages
have to be paid off and new ones created, stuff has to be recorded, etc.

A lot of the complication is in the creation and recording of the new
mortgage.  If you're actually buying the house for cash, and not having a
mortgage, you'll be saving a _lot_ of paperwork.

One small word of advice:  Buy some "buyer's title insurance."  Generally,
title insurance only covers the mortgage holder, and, if there's no mortgage
holder, there won't be any.  Title insurance is a racket, but you want some
in case there's a problem down the road.


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