Tag: Inc.
Utilities: Avoid post-closing disputes
One of the functions of escrow is to pay lienable utilites. Lienable. There is a large segment of the real estate community that interprets that to mean all utilitites. It does not mean all utilities. In addition, escrow firms do not have access to seller’s account information. Sellers and/or [...]
Posted: September 29th, 2007 under General Real Estate.
Tags: billing., escrow, Inc., Legacy-Escrow-Service, utilities
Comments: 1
Cease & Desist Order by Wa. State Insurance Commission against Title Co.
Today, the Washington State Insurance Commission, ordered Stewart Title Guaranty Company to stop illegal payment and gifts to agents and Brokers.
“Kreidler’s order demands that Stewart Title Guaranty Company “immediately cease and desist” giving or paying anything in excess of $25, calculated in aggregate over a 12-month period, per person, for placing or causing title insurance [...]
Posted: August 6th, 2007 under General Real Estate.
Tags: agents, ethics, Inc., Legacy-Escrow-Service, RESPA, title-insurance
Comments: 20
How do consumers find ethical help?
This is my Ken Schrammie rant:
How is it that a perfectly capable buyer of a home with nearly 770 FICO scores is placed into a short term Interest Only Adjustable Rate Mortgage with a start rate of 7%– sold with a 3 yr pre-payment penalty?
How do you handle the situation in which same the borrower [...]
Posted: July 13th, 2007 under General Real Estate.
Tags: escrow, ethics, Inc., Legacy-Escrow-Service, loans, title
Comments: 58
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