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9 December 2024 | 12 replies
Would I be better off to try and find someone to do some basic editing of my videos and help create the right titles, thumbnails, and posts?
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11 December 2024 | 1 reply
The negotiations were tough because after we opened escrow we realized it had five different owners with five different titles.
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17 December 2024 | 22 replies
They have more skin in the game then you do.Make sure you get clear title.
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10 December 2024 | 3 replies
Alpine Title for closing, attorney for the Restaurant lease, and Pentuckett Bank for the refinance.
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9 December 2024 | 0 replies
While we were in escrow, the title company discovered that the owner didn't disclose a second mortgage on the house to neither her agent nor the title company, her plan was trying to dismiss the foreclosure in court and hope this would go away before anyone would find out about it.
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8 December 2024 | 8 replies
Going to networking events to network with Realtors, Mortgage, Title etc all helps.
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16 December 2024 | 19 replies
Depending on property titling one partner can get the conventional financing and the other can make a gift or use their assets for the remainder.
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9 December 2024 | 2 replies
Don't let the title attorney draft them.
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11 December 2024 | 8 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.
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6 December 2024 | 2 replies
Title is showing an existing lien from 2014 and requesting a lien release before we can close.