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18 February 2024 | 6 replies
Title insurance should also reveal if the trustee has this ability.To clarify, if a trust names someone who is deceased as a beneficiary, the trust would then name someone else, or would name their estate (the reasons behind forming trusts in the first place would seem to indicate that it would be another person, since their are tax benefits and probate avoidance).
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17 February 2024 | 3 replies
You can do a quit claim deed, where you are on the title and he is not, however, he still have a liability, that is, the mortgage is still under his name.
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18 February 2024 | 9 replies
.#2 is the deal really going to work if you are a wholesaler. 70% of the wholesale deals that make it to title won't close....so are you going to be in the 70% or the 30%.#3 how the deal is structured....do you have skin in the deal and have integrity, or are you going to take my money and run if you end up being in the 70%.
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19 February 2024 | 3 replies
**Investing in Title Companies**: Title company ownership can provide truly passive income through dividends from the company's operations ([5 Things I Wish I Knew BEFORE Starting in Real Estate](;t=636s)).5.
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16 February 2024 | 5 replies
Title Insurance Policy: - [ ] Coverage Details - [ ] Policy Amount - [ ] Effective Date - [ ] Exclusions5.
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17 February 2024 | 25 replies
In this case the title to the property is transferred at settlement.
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19 February 2024 | 4 replies
On the asset side you would show assets you personally own including houses, cars, furniture, life insurance policies, etc.
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19 February 2024 | 12 replies
@Axel MeierhoeferThe sec compliance with this will have your head spinning as you would need to make sure each investor had equitable time to use a property as you cannot provide a specific benefit to two investors if in the same share class.If things go wrong with this or an investor gets upset and sues the risk you would be taking and the cost for D&O insurance would be through the roof to keep you out of prison.
19 February 2024 | 9 replies
Total mortgage with insurance payment is 680 a month.
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19 February 2024 | 0 replies
Does the firm have engineering licenses with the State Authorities, proper licenses overall, and proper insurance?