June 29th, 2010
Recently, I was reminded that closing customs & practices can vary tremendously from state to state. While I was reviewing closing documents with buyers relocating from New York, they expressed concerned about signing an “estimated” HUD, and asked when they had to come back in to sign the “final” documents.
This couple told me when they [...]
March 12th, 2010
As you know, our nation’s economy has been brought to its knees by an unprecedented number of high-level schemes that unraveled in quick succession. Bernie Madoff with his “Ponzi” scheme and last decade’s poster child for fraud, Enron Corp., may be extreme, but not unique examples of unchecked greed which left large numbers of investors [...]
February 12th, 2010
Foreclosures are around every corner in today’s market and the savvy buyer has an unprecedented opportunity to buy a house at bargain prices. Oh, if it were clean and simple (don’t get me wrong; sometimes it is)!
Here’s an example: You find a property you’re interested in and the title report shows two loans [...]