The past couple of days our escrow office has received several phone calls from frustrated loan officers handling both purchase and refinance transactions. The frustration has come about due to the county recording office closures and furlough dates. Contact your escrow or title office to confirm closure and furlough dates/times. In Snohomish County they have recently indicated that the entire excise, recording and Dept. of Licensing floor will be closed during lunch time, in addition to their shortened hours and closure dates.
Much of the frustration has been directed at loan officers and escrow. Both escrow AND title offices have for months been active both calling on offices and online via website and blogs sounding the alarm about the impact of county office closures for agents writing purchase and sale agreements.
Behold, I give you some relief to help assist your buyers and sellers through tomorrow’s (May 22nd, 2009) county closures for recording sales and also being that recording offices are closed on Memorial Day.
From your very own NWMLS Form 21 purchase and sale agreement it appears (I’m not giving advice nor am I an attorney giving advice) that the contract is NATURALLY giving you an extension whether or not you were aware of it.
Computation of Time