query via e-mail - alternatives to title insurance and other stuff

Ms. Cipa,My name is Patrick Framel; I am a summer intern with the Texas Department of Insurance. I am working on a report for the Texas Legislature, regarding solutions to affordable housing issues. I have already been helped by some of your past blog entries, and was wondering if you had any insight on this report.I'm wondering if there are any viable products currently being used in any

query via e-mail - alternatives to title insurance and other stuff

Ms. Cipa,My name is Patrick Framel; I am a summer intern with the Texas Department of Insurance. I am working on a report for the Texas Legislature, regarding solutions to affordable housing issues. I have already been helped by some of your past blog entries, and was wondering if you had any insight on this report.I'm wondering if there are any viable products currently being used in any

query: how does a lender get priority

The mortgage lender first has the title searched and confirms prior to recordation of their instrument that they will have the lien priority they desire. A smart first lien lender will insist upon a title insurance loan policy to guarantee that position.If the search reveals a lien in a superior position and the parties do not intend to satisfy that lien, they can negotiate for a postponement or

query: how does a lender get priority

The mortgage lender first has the title searched and confirms prior to recordation of their instrument that they will have the lien priority they desire. A smart first lien lender will insist upon a title insurance loan policy to guarantee that position.If the search reveals a lien in a superior position and the parties do not intend to satisfy that lien, they can negotiate for a postponement or

query: what happens to my real estate title claim once I file it

Good question. Will it sit in a big pile gathering dust or will someone really start working on it? I've written about how to file claims, so I'll not repeat myself, but just say how you file it does set the stage.You should look closely at the title policy and select the proper address for filing a claim. You want to send any claim via certified mail. Get evidence of the date you filed it.

query: what happens to my real estate title claim once I file it

Good question. Will it sit in a big pile gathering dust or will someone really start working on it? I've written about how to file claims, so I'll not repeat myself, but just say how you file it does set the stage.You should look closely at the title policy and select the proper address for filing a claim. You want to send any claim via certified mail. Get evidence of the date you filed it.