Irene delaying Philadelphia Real Estate Transactions

Hurricane Irene created massive flooding throughout Philadelphia and the surrounding areas, property damage across delaware valley and power outages to many.  But wait Ms. Irene is not complete her damage. The aftermath of Irene may delay the funding of your or your clients new mortgage financing. Can you imagine showing up at the title insurance company for settlement only to learn that the proceeds from your loan will not be available until the property is re-inspected?  Oh boy! The problem is obvious.  The adoption of the … [Read more...]