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As Time Flies By

There’s a way to tell how active the local real estate is without consulting economic indicators or press releases from the National Association of Realtors.  I just look at how quickly recorded Deeds are returned from the regions’ County Clerks and I can tell right away how the market fared in the preceding months.

In “boom” times Deeds lingered for months until they were publicly recorded and then mailed to my office from the Suffolk County Clerk’s office; Nassau County took a lot longer.  Now I receive recorded documents in less than one month.  That doesn’t indicate they are working more efficiently, but that they just have a whole lot less documents like Deeds, Mortgages and Mortgage Satisfactions to actually record.

And to think that, long ago, when I had investors buying and selling rather quickly, I griped about how long the Clerks took.  Little did I know that I’d yearn for the days when paperwork took its sweet time being recorded!

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File this in the category of “it’s my blog and I’ll post what I like”:

 

Comments

( 2 comments — Leave a comment )
(Anonymous)
Jan. 7th, 2010 02:04 pm (UTC)
How about this one: when things were busy, title closers were always very late to closings as they were piggybacking one after another. Now, closers call me to ask if I have anything in the pipeline they could assist me with!
real_lawyer
Jan. 7th, 2010 03:11 pm (UTC)
I have observed the same thing (just have never voiced it "out loud" before).
( 2 comments — Leave a comment )

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