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21 December 2015 | 10 replies
I am looking to build a network of reliable, real estate friendly Realtors, accountants, title companies, contractors, etc. in Prince George's County.
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26 December 2015 | 14 replies
Talk to a Local closing/title co.
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19 January 2016 | 5 replies
Hello Everyone - I am currently a student working full time at First American Title.
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18 December 2015 | 13 replies
My local Realtor board I belong to has lease option addendum and riders that go along with our standard ASIS contract, and I'm going to have a client who is an attorney and owns a title company help me with these, but I will ask him about it.
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16 December 2015 | 6 replies
@Blake Elder On a sidenote, using a deed of that nature will not convey your existing title insurance to the LLC You should use a grant or warranty deed They are the same thing just a different name I could be wrong on this but you may want to look into it Furthermore I don't think there's any more cost associated with the grant deed I guess you could always talk to the person who gave you title insurance
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15 December 2015 | 2 replies
According to the American Land Title Association, the following types of loans do not have to comply with TRID:Home-equity lines of credit Reverse mortgages Mortgages secured by a mobile home or dwelling not attached to land No-interest second mortgage made for down payment assistance, energy efficiency or foreclosure avoidance Loans made by a creditor who makes five or fewer mortgages in a year And, in addition, 100% cash transactions (no lender involved) are also exempt.
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18 December 2015 | 7 replies
That means becoming an expert on an area, having a well seasoned team in place to act quickly ( realtor, lender, title and contractors) and having some balls to execute on the right transaction.
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23 December 2015 | 7 replies
One that is on the title, and another that acts as the contractor so "owner" can hire "contractor" to do the work.Tax reasons... capital gains reasons... etc.
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16 December 2015 | 6 replies
As far as taxes, when you get paid at closing, the title company or attorney will issue a 1099 at the end of the year for each closing you are part of.
16 December 2015 | 1 reply
I went to the title company yesterday to close on some TIC commercial rental shares and the buyer backed out at the last minute.