Saturday, May 8, 2010

query: I recently found out that a piece of property I bought had a strawbuyer on it back in 1955. How does this affect my title?

I wouldn't worry.  A strawbuyer does not necessarily mean that a crime has taken place.

For readers who do not know what a strawbuyer is, let me give you my definition.  Think of a strawbuyer as a fake buyer, like a scarecrow made of straw, who stands in the place of the farmer in the field.  A strawbuyer stands in the place of the real buyer to hide the identity of the buyer.

We think of

query: I recently found out that a piece of property I bought had a strawbuyer on it back in 1955. How does this affect my title?

I wouldn't worry.  A strawbuyer does not necessarily mean that a crime has taken place.

For readers who do not know what a strawbuyer is, let me give you my definition.  Think of a strawbuyer as a fake buyer, like a scarecrow made of straw, who stands in the place of the farmer in the field.  A strawbuyer stands in the place of the real buyer to hide the identity of the buyer.

We think of

Friday, May 7, 2010

I still respect the opinions of Paulson, Bair and Bernanke.

While reading this article on Housing Wire this morning, I remembered how strongly I believe these three understood the crisis and that they were right about TARP.

TARP was a risky move that went way beyond what they would have like, in my opinion but I believe they felt it was a necessary step to calm the markets. I agree.  What they and I failed to see was that TARP was a peek at heaven for

I still respect the opinions of Paulson, Bair and Bernanke.

While reading this article on Housing Wire this morning, I remembered how strongly I believe these three understood the crisis and that they were right about TARP.

TARP was a risky move that went way beyond what they would have like, in my opinion but I believe they felt it was a necessary step to calm the markets. I agree.  What they and I failed to see was that TARP was a peek at heaven for

morning chuckle

First American's thorough title searches, title clearance and title insurance policies help to produce clear property titles and enable the efficient transfer of real estate. Source.

morning chuckle

First American's thorough title searches, title clearance and title insurance policies help to produce clear property titles and enable the efficient transfer of real estate. Source.

OAITA has update on First American/Bank of America case

The high-octane lawsuit currently pending in North Carolina between First American, United General Title and Bank of America took on a new layer this week as First American filed its Answer and Counterclaim to the Bank of America Complaint.  Read more on OAITA.