Multiple Choice Quiz
The marketing verbiage on MLS touts the home’s “brand 
new, state-of-the-art Kitchen.”
Who’s going to take notice?
A. Prospective Buyers.
B. Prospective Buyers’ agents.
C. The appraiser sent out by the lender.
D. The title examiner.
Answer: all of the above.
And why are title examiners scrutinizing MLS marketing verbiage?
Because they’re looking for recent, significant improvements done by the homeowner — improvements that may not have been paid for.
When that’s the case, contractors have the right to put mechanic’s liens on the home, which can create a legal and financial nightmare for the new owner.
The solution?
Make sure there are lien waivers on file from all concerned contractors, prior to closing.
