Search Powered by:
Tag: title
Title and Escrow - Who Chooses?
In this post I will address the topic from a practical standpoint, in chronological order, based on ”Common Practice”. This post is written from the standpoint of “common practice” in the Seattle area, where Title and Escrow are two separate functions, and not combined as they are in “settlement” vs. “escrow” areas. Areas that have “a settlement or ‘event’ closing”, [...]
Posted: April 27th, 2008 under Title and Escrow.
Tags: escrow, title
Comments: 38
Does it matter who you list with, who you close with or who your loan officer is?
Being in the escrow business is really fascinating. You see lots of things. You hear lots of things. You get to observe what is efficient and what slows down transactions.
Escrow can be confusing too. We really serve two masters: those that are our clients (the principals such as the seller or [...]
Posted: March 8th, 2008 under General Real Estate, Title and Escrow.
Tags: agents, escrow, Legacy-Escrow-Service, loan-officers, title
Comments: 96
A deeper look into town home joint maintenance agreements…
In a previous post I wrote about concerns for townhomes that were sold over the past several years that didn’t have clear joint maintenance agreements. A recent deal I closed brought into focus exactly why my concerns are realistic and valid. Buyers need to be aware that it is their responsibility to read all the [...]
Posted: August 9th, 2007 under Buyer Information, General Real Estate, Legal Issues, Moving to Seattle, Real Estate Law, Real Estate Search, Seattle, Seller Information, Title and Escrow, Uncategorized.
Tags: advice, roof, title, townhome
Comments: 4
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
Do YOU have a durable power of attorney?
So, I haven’t been on RCG for a while because I am gone from Seattle to Wichita, KS where I and my siblings are on hospital watch. My parents were hit by a drunk driver on Monday night and so I caught a flight here immediately since both of them were in the hospital with injuries. My [...]
Posted: March 29th, 2007 under General Real Estate.
Tags: agency, agent, licensee, realestate, realtor, rentals, title, Title and Escrow
Comments: 9
A Personal Take on the Ethics of a Title Professional…
Writing about his experience of going to prison because of his actions as a Title representative could not have been easy for Ed…
I became federal inmate number 34661-037 and like every inmate in this country was regarded as a slave of the state forfeiting my liberty and all personal rights. While passing the threshold of [...]
Posted: January 5th, 2007 under General Real Estate.
Tags: ethics, prison, represenative, title
Comments: 2
Title Insurance: Kickbacks, Competition & Pricing
Editor’s Note: Tim Kane owns and manages (with his wife Lynlee) Legacy Escrow, a local escrow company and has been a regular fixture of the Seattle blogosphere for the past year or so… Not only does he run his own blog, the closing table, but he has contributed to numerous threads on RCG under the [...]
Posted: August 4th, 2006 under General Real Estate.
Tags: competition, ethics, listing, real-estate, title
Comments: 22
