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18 December 2024 | 3 replies
I've been a land broker for many years with a background as a title officer before that.
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19 December 2024 | 2 replies
This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...
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18 December 2024 | 4 replies
@Shaun Ng i own a title company in MI - and i am sure we could help you if you were here however, if VA is an attorney state then you can get help from a title attorney otherwise chat with a title company.
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26 December 2024 | 21 replies
The title company would not accept cash.
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26 December 2024 | 18 replies
Let's say they need to foreclose and the borrower picks up the Yurt and moves it - now the entire loan they underwrote is thrown out, along with title insurance, and the lien on that property.- Value: A SFR, or 2-4 unit (what it would be in this case) are residential assets and thus are valued off the "sales comparision approach" rather than the income approach.
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23 December 2024 | 12 replies
Only send money to a title company for closing costs.
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19 December 2024 | 5 replies
simple - treat it like any other real estate closing. you go through attorneys and title companies.
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11 January 2025 | 420 replies
The HELOC is completely relevant because that was the core question in the original post titled, "Use HELOC to paydown mortgage fast".
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19 December 2024 | 12 replies
I just reached out to my title guy to confirm.
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30 December 2024 | 819 replies
The email title is "[Going live NOW] Set your money on FIRE".