Escrow for Uncompleted Work

Pinehurst, North Carolina, Escrow Agreement Attorney

In an ideal world, new home construction would be completed in the projected timeframe. However, setbacks can occur. Materials can be delayed. Mistakes can happen. For home buyers, uncompleted work can present a problem. However, there are various options available to remedy this problem.

As an experienced real estate lawyer, I assist home buyers who have encountered problems with incomplete work. If you have encountered such a problem, there are options available through the escrow agreement. You do not have to delay your home closing because of incomplete work. Call me today at (910) 295-1700 to get additional information or to arrange a consultation.

What are your options regarding an escrow agreement?

There are various routes prospective buyers can take in this situation. Incomplete work can occur in new construction and in existing property. In new construction, the incomplete work would generally delay the home closing until the work was completed in a satisfactory manner. In other situations, a person might to choose to rely on the other's word that the work would be completed, and the closing would proceed on schedule. For existing properties, the closing would be delayed or a third party would be chosen to complete the work.

If you have encountered a problem with incomplete work, you should know you do have options available in your escrow agreement. I strive to provide my clients with a seamless and efficient home closing process. When these roadblocks occur, I use my experience and resources to find solutions in a timely manner. Do you want to learn more about how I can help? Contact my firm today.