Marietou P.
Land development - I don't know where to start
6 August 2023 | 14 replies
It will give you a accurate representation, but if you chose to move forward with a project you will need to obtain a ALTA survey, Geotech report with infiltration data.
Chad Clanton
How does a double close not create a clouded title?
20 December 2013 | 15 replies
A title company should not be hiding the chain of title, it is a matter that a lender relies upon in making a loan and intentionally omitting information relied upon by an insured lender in making any loan is at the least an interference in lending operations and can be fraud, so don't even ask them to do that.Settlements have been under scrutiny in the past few years, the American Land Title Association (ALTA) is the insurance association that has regulatory authority or oversight over member title companies and sets policy nation wide.
Brent Baumann
Am I calculating this correctly? TAXES
14 December 2015 | 12 replies
Dig into Dodd Frank, commercial transactions are not totally out of the picture as it takes in ALTA regulations and functions of settlements.
Shalay Cano
Wholesaling...Is it a legal practice?
19 January 2015 | 24 replies
I give advise based on my experiences along that spectrum, I try to take in the norm of thinking nationally, based on reviewing matters by attorneys in other states, federal regulatory views, HUD, the NAR and ALTA along with other national associations.
Kel S
Uhhg! Frustrated with Banks! (REO)
17 May 2010 | 15 replies
Rich Yup...I'm still thinking we're a year from bottom...between alt-a defaults, option arm defaults, the tax credit and the seasonal downturn next Fall/Winter, I don't see a pop in prices until at least next Spring...
Jay Hinrichs
Unlicensed agents being charged in court
10 October 2014 | 55 replies
I thought I understood it all until my attorney, daughter, son, minister explained to me what I did.Don't make up BS disclosures trying to CYA and simply display your lack of common practice, contract law and stating aspects multiple times, simply not in good form nor as to content, sorry, but just don't want newbies going down that road. 11 may be illegal, see state laws, federally, this ain't the old days, if you close are you taking that responsibility, tax filings, closing statement, pro-rations of credits and debits, even familiar with ALTA requirements?
Paul Winka
Which parties have a right to see a HUD settlement statement?
16 March 2018 | 20 replies
We don't ... we use ALTA settlement statements.There are very specific CFR guidelines concerning the disclosure of consumers' non-public personal financial information.
Brandon Schlichter
Started out with $25k 5 years ago, now I have 90 rentals!
31 May 2023 | 247 replies
The reason he/I were unable to go farther after the crash was because we couldn't figure out how to get money without using alt-a financing like we did during the bubble lead up.
Keyon Bigelow
Investor Friendly Title Companies In MARYLAND
25 June 2015 | 16 replies
I'd say all are "investor friendly" the issue might be trying to do things that are not allowed under ALTA or state law, it's not the title folks who need to bend it's the investor operators who need to learn to conform in how they structure deals.This might helphttp://www.biggerpockets.com/forums/311/topics/120288-how-to-assign-on-this-deal?
Payton Burks
Lynchburg, Va Market
19 January 2024 | 25 replies
Also, try to find a place close to Downtown Lynchburg and 30 min traveling to Alta Vista.