All of these are bad, but which is the worst?
10 Thursday Dec 2015
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inPost by @mark1rancho.
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inSource: Is New Construction for You?
18 Thursday Jun 2015
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inThe Real Estate Savvy by Myra Spano
Title insurance protects the holder from any losses sustained from defects in the title. It’s required by most mortgage lenders. Here are five other things you should know about title insurance.
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04 Thursday Jun 2015
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inThe Buyer
• Deposits funds to pay the purchase price, and funds for property and closing costs.
• Provides deed of trust or mortgages needed to secure the loan.
• Arranges for borrowed funds to be deposited into escrow.
• Provides, if required, documents such as inspection reports, insurance policies and lien information to verify compliance to the instructions.
The Seller
• Deposits the deed to the buyer with the escrow holder.
• Provides evidence to meet the buyer’s condition of sale, such as proof of repair work and inspections.
• Submits other documents, such as tax receipts, mortgage information, insurance policies, and warranties.
The Lender
• Deposits loan funds, lender instructions, and other loan documents with the escrow holder.
The Escrow Holder
• Serves as a central depository for funds and documents.
• Obtains a title insurance policy, when required.
• Fulfills the lender’s requirements if applicable.
• Secures…
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