i was recently asked if I have seen a rise in claims with regards to closings (due the increased regulations and liabilities). I have seen some claims with regards to closings, and most of them seem to arise from a change of information at the time of closing. Even with what seems like proper documentation, signatures, notorization, etc, these “changes” seem to be a signal that something may be off.

With all the pressures to complete the closing, including up front costs, customers packed up in moving vans, etc, it must be hard to step back and push off a closing just because something isn’t exactly as previously presented.

Is it a gut feeling? I think, if something isn’t right, if something seems a little off, it is time to do some research before stepping in to a possible claim scenario.

Your feedback is appreciated. Obviously, title agents have a huge experience with a wide variety of loans and closings. What is your take on this aspect of the services you provide as a responsible agent?