Closing delay puts homebuyers in hotel

Paperwork mistakes by a title company leave the buyers with almost $1,000 in extra costs.

January 26, 2010 at 5:07PM

When a couple bought a new house in Minnetonka in November, they found their homecoming delayed. Here's what they had to say:

The Minnesota Department of Commerce regulates insurers, including title insurance companies that handle real estate closings. Although the homebuyers didn't do it in this case, you can file a complaint here.

Have you experienced a real estate closing that left a bad taste in your mouth? How can you protect yourself in a situation like this? Does the state do a good job protecting consumer from costly mistakes and misdeeds during real estate transactions?

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about the writer

James Shiffer

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