"Hi Judy,
Tell the title company they will get paid the $150.00 for the title exam by the bank at closing. They were going to have to do a title search then anyway. You shouldn't have to pay for it up front ( at least I wouldn't). But the only way…"
Tell the title company they will get paid the $150.00 for the title exam by the bank at closing. They were going to have to do a title search then anyway. You shouldn't have to pay for it up front ( at least I wouldn't). But the only way…"
"Hi Judy,
Welcome to this group. Feel free to share and ask questions to the group.
Take care
Donna"
Welcome to this group. Feel free to share and ask questions to the group.
Take care
Donna"
"Hi Marvin,
I want to invite you to my website click on the link that says "REO Education" you can sign up to learn about how to get started doing REO's and take the Certification test to become REO Certified. I think this will help you.
Best…"
I want to invite you to my website click on the link that says "REO Education" you can sign up to learn about how to get started doing REO's and take the Certification test to become REO Certified. I think this will help you.
Best…"
"Hey thanks Jesus it's great to be here!"
About 5 years ago I was contacted by an AM company to list an REO property. This was during a time when there were not many REO properties on the market in my area. I was unfamiliar with how to market such a property as this was my 1st REO. I was…
"Hi Jesse thank you for the warm welcome. I have been doing BPO's for 2 1/5 years now. I am listing and selling Pre-foreclosures and now want to begin listing and selling REO properties as well. I am a HUD approved Broker. I look forward to…"
"Hi Staice, Thank you for the invite. I am looking to get started in REO's. I have been doing BPO's now for 2 1/2 years and I've been in Real Estate for 16. I have my own company in Bradenton, FL."
Comments
Tell the title company they will get paid the $150.00 for the title exam by the bank at closing. They were going to have to do a title search then anyway. You shouldn't have to pay for it up front ( at least I wouldn't). But the only way they are going to know if there are any title issues is by doing the title search up front. In the future just inform the title company that the bank is requesting a title search be done to make sure that there are no title issues that they need to be aware of and that their fee will be paid at closing. Most title companies won't have an issue with waiting to get paid at the closing. Good luck with the occupants. I hope you don't have to wait till they are evicted. I don't understand why they wouln't take the cash for keys except that they are stalling for more time. Keep me posted I hope you sell it quickly.
This site is dedicated to the Realtors who work with Lenders, Banks and Asset Managers in assisting them with the liquidation of their real estate portfolio holdings.
We are a Network of Professionals spread across the country and have come together online to network and provide support through our accumulated knowledge and experience. This support could be anything from providing information on ways to obtain industry recognized designations, to the contact information of the Asset Managers who can make or break us. The power of our network will be determined by those who participate openly and freely.
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