09-22-2006, 09:38 AM
Lucy, you most likely will not know all the details before signing on the dotted line and giving money to escrow. However, there are contingencies in the DROA and you can freely walk away from the deal with your earnest money deposit in hand if you are not satisfied with the Title Report (and many other things that your trusted real estate agent will put in the contract to protect your interest.) BTW, nobody should give more than $1,000 earnest money deposit to open escrow. You should increase the deposit once all the contingencies are met though.
As to your other question, every document is recorded at the Bureau of Conveyences and have a registry number. When you see something indicated in the tile report that refers to a number you should request the numbered document too.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
As to your other question, every document is recorded at the Bureau of Conveyences and have a registry number. When you see something indicated in the tile report that refers to a number you should request the numbered document too.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185