It appears as tho the sales agreement occured on April 14.
Which is after March 29.
The new owner didn't request recording of the sale until April 24, oddly enough, the day of the search.
Which was after March 29.
The county did not record the transaction until April 30.
Which was after March 29.
When does the purchaser, who purchased a house somehow for less than half of the asking price, assume ownership ? At closing ?
Which would appear to have occured after March 29.
Yes, I read the News4 story.
You seem to think the price somehow justified the abuse of the renters?
From what I gather, their personal items and money that was seized still has not been returned.
Closing in Oklahoma appears to be when the deed was delivered.
Q: Everything is ready, and I'm told to show up for “closing.” What is the closing?
A: The closing is the meeting where the parties finalize the sale. Here, the balance of the purchase price is paid, and the deed is delivered. The closing is often conducted by an attorney, a title insurance company or a closing company. You have the right to read any paperwork handed to you and to request an explanation of what the paperwork means. Federal law gives you the right to copies of certain closing documents the day prior to closing. You may want to review all paperwork prior to the closing and be ready with any questions.
Closing documents you need as the buyer typically include the following:
Settlement Statement showing the purchase price and all your costs;
Deed to be signed by the seller and notarized;
Promissory note to be signed by you;
Mortgage to be signed by you; and
Seller's affidavit covering some of the matters listed above for inspections and inquiries.
Other documents will often be presented for signing or for information. Many explain your rights, and some explain your duties. Upon completion of the closing, you are the owner of the property. Get the keys, go look at the property, take a deep breath and prepare to turn the property into the property of your dreams.
This pamphlet is based upon Oklahoma law and is issued to inform the public of some of the problems involved in buying a home. It is not intended to advise anyone on a specific legal problem. No person should ever attempt to apply or interpret any law without the aid of an attorney. For your protection, before purchasing any real estate, you should seek the advice of an attorney.
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