Tuesday, November 4, 2008
the case of the revised subdivision
This isn't a matter which has been resolved but I thought I'd mention it as an example of how things can get royally confused in a real estate title. ;)In early 1979 a developer got formal planning authority approval for and recorded a subdivision. Later that year, the developer revised the subdivision. I can't tell why. I can't tell whether the developer submitted the revision for formal
the case of the revised subdivision
This isn't a matter which has been resolved but I thought I'd mention it as an example of how things can get royally confused in a real estate title. ;)In early 1979 a developer got formal planning authority approval for and recorded a subdivision. Later that year, the developer revised the subdivision. I can't tell why. I can't tell whether the developer submitted the revision for formal
Monday, November 3, 2008
your choice as a consumer
If you decide to buy title insurance, and I strongly recommend that you do, select the provider carefully.First, make certain that the title insurer is actully performing the title examination themselves and not farming it out to a computer or a vendor clerk will likely do a cursory review or no review.It is important to realize that most of the premium you pay for title insurance is for the
your choice as a consumer
If you decide to buy title insurance, and I strongly recommend that you do, select the provider carefully.First, make certain that the title insurer is actully performing the title examination themselves and not farming it out to a computer or a vendor clerk will likely do a cursory review or no review.It is important to realize that most of the premium you pay for title insurance is for the
Friday, October 24, 2008
final RESPA rule out in two weeks?
WASHINGTON (10/24/08)—Changes to the Real Estate Settlement Practices Act, known as RESPA, will be out within the next two weeks, according to Federal Housing Administration (FHA) Commissioner Brian Montgomery. Read more.....
final RESPA rule out in two weeks?
WASHINGTON (10/24/08)—Changes to the Real Estate Settlement Practices Act, known as RESPA, will be out within the next two weeks, according to Federal Housing Administration (FHA) Commissioner Brian Montgomery. Read more.....
just filed a title claim for a customer
There was a typographical error in a deed filed in 1946 which changed the lot number. All of the deeds filed since then for this lot carried forward the mistake.A full search in our area is 60 years. This transaction was processed in 2005 and we ordered a full search from First Am. They apparently only did a 59 year search. Had they gone back for a full search, they would have pulled the
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