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  • Fidelity Title Calls Off the LandAmerica Merger (82)
    • Kary L. Krismer: I’m saying not all disclaimer terms hold up. If an agent is saying to use the services of X because there will be savings, and there are no...
    • Rhonda Porter: From a Windermere Affiliated Business Arrangement Disclosure: “…Neither your agent nor Windermere will be paid a referral fee for...
    • Rhonda Porter: Why not, Kary? Are you saying they won’t do the client any good or the agent (I’m not following you).
    • Kary L. Krismer: And what I’m saying is the addendums (sp?) might not do them any good.
  • Is the housing market performing “as expected”? (104)
    • Kary L. Krismer: I think what Bernanke was doing was trying to avoid the mistakes of Ford/Carter where the Fed clamped down on (what I consider non-existent)...
    • ARDELL: I blame Bernanke for pretty much everything. His penchant for reversing Greenspan also reversed the Country. He didn’t want to put his finger in the dike...
    • Kary L. Krismer: Bernanke will be in place possibly through Obama’s first entire term, or at least most of it (unless I’m forgetting how long he’s...
    • ARDELL: I keep thinking how lucky Obama is going to be a few years from now, if he can take the credit for things getting better. He certainly won’t get the...
  • HUD Passes RESPA Reform, New GFE Coming in 2010 (47)
    • jeremy hickling: Yeah- turning over all direction of 3rd party service providers to borrowers might in many cases be like turning loose addicts in a pharmacy. They...
  • Q&A with the Banker Panel at the National Auctioneers Association (2)
    • Kary L. Krismer: Sniglet, bankers might not know that. Non-judicial foreclosure is so favorable to lenders that they probably don’t even typically look at the...

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Tag: errors

Escrow agents and how they protect themselves

When you choose an escrow company (or “closing agent,” the person who does the work necessary to close the transaction), you look for several qualities: competence, service, location, etc. One factor you probably don’t consider is whether the escrow company is willing to be responsible for its own significant errors.
When escrow is opened, [...]

Posted: December 7th, 2006 under General Real Estate.
Tags: , , , , , ,
Comments: 7