22 January 2014 | 51 replies
The only way to know is to read the contract.What they have done is to eliminate the responsibility of the settlement agent to ensure the terms and agreements contracted have been met, they can't be responsible for something they have no knowledge of.Your title insurance is an insured closing, meaning the title insurance covers errors and omissions in the closing and settlement according to the contract as agreed, if they don't get the contract they can't ensure terms were met and they won't insure any error in missing something not disclosed.IMO, your settlement agent and title insurance company are avoiding risks by simply accepting instructions and basically performing only an accounting and administrative function of filing and document collection along with tax filings.
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3 April 2014 | 4 replies
if you're looking for fill-in the blank forms, electronic signature, email type of functionality, DotLoop.com is a very handy service.
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20 June 2013 | 10 replies
CAN ANYONE PLEASE TELL ME HOW TO USE THE "@name" FUNCTION?!
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11 November 2013 | 41 replies
If you are a member in a LLC and your function is to find deals, fine, that can be accomplished with other members paying you a fee for your work, doing so as a free lance type can be a problem.
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28 September 2013 | 13 replies
The lender still has to rotate among multiple appraisers on a round-robin basis pursuant to appraisal guidelines, but the better lenders have a known group of local appraisers that they use.In other words, you really need to nail your take-out financing down with a very good lender that knows investor loans.
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5 June 2013 | 2 replies
I was thinking of starting out with a foreclosure property in functional condition that will not cost too much to fix up.
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6 June 2013 | 6 replies
It si really rather unclear how this is accomplished as it is clearly part of the negotiation in setting loan terms, a matter specifically addressed as an underwriting and origination function.
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14 June 2013 | 18 replies
I've never found Trulia, Zillow, or Craigslist to be easy or effective.Price is a function of the area/neighborhood your working in.
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2 July 2013 | 26 replies
Jason Brooks The reason I ask is because in Jersey they will not let you sell a house with a cesspool, I was made to replace my functional cesspool with a new septic which I hadnt budgeted for.