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Showing posts from March 22, 2020

What You Need to Know Now about Home Closings in the Era of COVID-19

COVID-19 Home Closing Outlook – Week of March 23rd, 2020 By Michael H. Wasserman Need some not-so bad news? Real estate closings will continue for the foreseeable future. Governor Pritzker's  shelter-in-place order designates lenders, title companies, and lawyers all “essential.” This means my firm and I remain available and at the ready assist with real estate purchases and sales. We are working closely with title companies and colleagues to implement and execute safety protocols so that we can all minimize contact among the many, many hands that touch each transaction. The title industry has been quick to urge reducing number of people in their facilities, disinfecting offices, providing hand sanitizer, fresh pens and encouraging as much remote work as possible. We support and appreciate their efforts (and provide our own pens to clients too). Do you have a closing coming up? Here are our latest guidelines: