Thursday, July 17, 2008

We have a consumer in process who is applying for a mortgage.....

.....for an investment property. It has come to our attention that he intends to demolish the structure. He lives next door and really just wants the land to expand his yard.This is a classic case of mortgage fraud though I'm not certain that the consumer fully appreciates that that is what he is doing.The issue arose when we attempted to get results of a mandatory municipal sewage test. The

We have a consumer in process who is applying for a mortgage.....

.....for an investment property. It has come to our attention that he intends to demolish the structure. He lives next door and really just wants the land to expand his yard.This is a classic case of mortgage fraud though I'm not certain that the consumer fully appreciates that that is what he is doing.The issue arose when we attempted to get results of a mandatory municipal sewage test. The

Tuesday, July 15, 2008

query: title insurance for PA tax lien sales

A normal title insurance policy will cover valid PA sales tax liens that are due and payable on or before the date of the issuance of the policy. A competent title insurer will carefully check for filed liens and also examine whether or not there is a risk of lien under the bulk sales act. It's the bulk sales issue where coverage may or may not be in place.When you have an entity subject to

query: title insurance for PA tax lien sales

A normal title insurance policy will cover valid PA sales tax liens that are due and payable on or before the date of the issuance of the policy. A competent title insurer will carefully check for filed liens and also examine whether or not there is a risk of lien under the bulk sales act. It's the bulk sales issue where coverage may or may not be in place.When you have an entity subject to

query: deed correction by title company/title company made mistake but buyer refuse to

If there is a mistake and you have a buyer who is refusing to cooperate, here are a few tactics that can be employed.If we make a mistake - and everyone does, being human - we try to make the solution as easy as possible. That means that we will send one of our closers to the consumer's home or some other convenient place to have the corrected document signed. If a party refuses to sign a

query: deed correction by title company/title company made mistake but buyer refuse to

If there is a mistake and you have a buyer who is refusing to cooperate, here are a few tactics that can be employed.If we make a mistake - and everyone does, being human - we try to make the solution as easy as possible. That means that we will send one of our closers to the consumer's home or some other convenient place to have the corrected document signed. If a party refuses to sign a