All Forum Posts by: Jeremy Namen

This could get interesting. Thanks Simon

Steve Babiak and Bill Gulley I had told her that i wnted it to be nunc pro tunc, she said it didnt work like that but ill try what you guys suggest, Thanks so much!

Steve Babiak, the title company has expressed that it would preform a Quitclaim, wouldnt that mean that i was to be the grantor of the deed of trust?

Sorry Bill Gulley I will keep that in mind for future posts and try to be more clear.

Bill Gulley, sorry Bill i forgot to mention that there was no addendum. And when I asked the title agencys attorney, she said after reviewing everything, it appears to be human error. The closing agent, went by documentation erroneously and assumed it was to my LLC and completed the docs before she had the purchase agreement in hand. She also said that the closing agent no longer works there. Coincidentally my LO is no longer at my bank..

Bill Gulley@, its definitely a complicated, confusing and out of the norm issue. I dont really have an issue with who the borrower is, although verbally the LO told me it would be to me because i wanted a mortgage on my credit report. He had my LLC and myself as co-borrowers. no big deal, I have joint responsibility on my credit. Im more interested in why he and/or the title company didnt at least list myself as coowner on title and as I said I had always assumed the loan would follow the purchase contract and if the bank set the terms thn the purchse contract should have been changed..

Steve Babiak, yeah that definitely provokes some thought but wouldnt that just be 2 or more sales virtually simultaneously but still adhering to a purchase contract or at the very least an assignment of the purchase agreement? Therefore the buyers are inline with the agreement?

Im only curious as to whether or not a transaction is valid when title was placed in a different name than what the sales contract states. In other words how much weight does the sales contract hold. I figured it represented the agreement which is the essential element of a contract.

So everyone is stuck on this one?

Bill Gulley, the only relevance of my former ownership is the possibility that the transaction should of just been a transfer (there has been no formal dissolution). But my point is I didnt list an LLC as the buyer on the sales contract, just myself personally.