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