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26 April 2024 | 10 replies
Some MLSs allow identical photos to make up their required count - I still haven't figured that one out.
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26 April 2024 | 44 replies
A title company might be able to supply something, too.
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26 April 2024 | 15 replies
Hi All, I don't think there is a centralized database for land, caveat and title information but in Alberta we use https://alta.registries.gov.ab.ca/spinii/logon.asp.
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23 April 2024 | 6 replies
The sale closed, and title said they would soon mail a check to the accounting firm.
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25 April 2024 | 27 replies
The title company doesn't insure complaints just actual threats to your title.
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26 April 2024 | 4 replies
To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.
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29 April 2024 | 113 replies
Anyone know of a title company in ...... that does double closings?
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27 April 2024 | 19 replies
Hi Margarita-Great question.There are many mental blocks and friction points to buying your first property.First off, just buying property outside of a first or second home to use is not done by most people and buying your first home is a major purchase for most people.That means the people in our immediate sphere of influence are not thinking about buying investment property, they see it as risky and out of a sense of protecting you or themselves encourage you not to do it.I remember having the same mental blocks and fears you probably do thinking about buying your first property or first investment property.The most critical thing to overcoming these mental blocks is self education and surrounding yourself with the best team of people to help you.An investor friendly Realtor who can refer you to an investor friendly lender, title company or closing office, property inspector, property manager, and insurance agent.Real estate is relational and having the best team will keep you out of the weeds.To Your Success!
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25 April 2024 | 20 replies
There is lot of title theft going on so they've become suspicious.https://www.biggerpockets.com/forums/311/topics/1137858-titl...
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25 April 2024 | 3 replies
A title company can do a simple lien search to find out what is attached to the property too.