I get a ALTA Lenders Policy with whatever endorsements come standard.3.

Alt A has about a 40% default rate pre recast with about 90% of those being underwater and utilizing neg am loans.

There should be public information officers at large banks, Fannie Mae and Freddie, HUD, ALTA and even the FBI (for scams) and the IRS that could provide information directly to this community.

With the government hopefully not planning to butt in anymore with short-term incentives, with foreclosures expected to be on the decline after a glut of alt-a and option arm defaults, and after what will likely be a rough off-season next winter, I have a feeling things will begin to improve next spring where I am.Also, if interest rates start to trend upwards, a lot of potential buyers will see an opportunity about to slip away and may jump into the fray, which should help all segments of the market.Of course, come next year, I have a feeling commercial real estate is in for a bad surprise...

I get a ALTA Lenders Policy with whatever endorsements come standard.3.

Alta Capital Group is the lender I referenced in my earlier post, they seemed to be helpful but I'll reach out to both lenders you mentioned.

That was common in the past, today ALTA has an issue with that.

Your trust is considered an "insured" under the standard ALTA owners policy.

On a commercial deal recently quotes were all the way up to 4,000 for a full ALTA survey.

A title company will close the deal, if you go to the "ALTA" site you can study how closings are to be conducted as well.