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Buying & Selling Real Estate

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Ralph Pombo
28
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90
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Title Company from Hell

Ralph Pombo
Posted Apr 13 2021, 09:45

This month has been a first for me. I am not a seasoned veteran in real estate, but we do have about 10-12 purchases over the last 10 years. The newest deal has been utilizing a 1031 exchange. We sold one rental in California and bought four properties in Texas. The title company handling the initial sale and the exchange has been a nightmare. Any questions have been met with attitude and a further refusal to communicate. Any requests for service have been received with an actual and a virtual eye roll. Today, I was informed that a typo on their part has negated a large portion of the 1031 exchange. The response from them, "Sorry, my mistake....". I am beyond furious.

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