Marc Enzi's (marcenzi) Blog

Just got off the phone with an Escrow Officer who was happy we sorted out a FIRPTA exemption for a deal that was falling apart at closing this morning.  When the Escrow Officer initially called me, she was concerned that Seller in a transaction closing today is Foreign;  Buyer was insisting on wi...

Buyer's Realtor Susan called my office in a panic yesterday, turns out the seller is subject to FIRPTA and not cooperating with the sale contract paragraph that deals with Foreign Sellers. Seller simply states, it is Buyer's obligation to handle FIRPTA.  Susan thinks Buyer may have to put up 15% ...