We get title insurance discounts frequently.

You end up paying 1.5% of the cost in title + loan fees twice this way...

You can certainly foreclose but you might have to wait a year after the foreclosure is complete to get a title agency to insure title if the trustee cannot be served personally.

When you understand deeds, closing requirements, what title insurance is, what rights are transferred in a lease or how rights in title are conveyed, things will come together.

Once that is decided between the two of them then at settlement the title company will cut a check to the Realtor's company, then the agent in question will take the check to their company and get paid on whatever the split is.In addition to that because the sale is not going through the MLS the whole notion that Michael can't pay this person may be inaccurate.

I would also suggest to run a title report to see what other liens could be against the property.

You should title your props in PA entities to avoid double tax.

Lonergan Law Firm, PLLC First Western Title Company

I am looking for a good contacts for Realtor, CPA and Title Company.

But the by laws are typically recorded and part of the title or deed.