Dissecting a Title Commitment – Part 4

2019-03-05T23:43:59+00:00December 25th, 2018|AZREIA, Did You Know..., Escrow, Financing, Investing, Legal Procedures, Title|

In this month’s article we will go over “Schedule B Part I” aka the “Requirements” section of the Title Commitment. For the purposes of this article we will use a Title Commitment issued by Chicago Title Agency, Inc. for reference. If you’re looking for excitement in a Title Commitment the “Requirements” section is almost always [...]

How to Take Title

2019-03-05T23:44:05+00:00June 26th, 2018|Asset Protection, Did You Know..., Title|

AZREIA Advantage: Lending Expert Andrew Augustymiak - Branch Manager, Prime Lending It is getting hot and so it the market! This month’s lending tip discusses an extremely common question we receive from borrowers: how to take title. While we typically defer to the title company, it is valuable to know what the various ways are, [...]

Consumer Financial Protection Bureau Changes are Approaching

2013-10-30T15:49:36+00:00October 30th, 2013|Financing, Investing, Lender and Bank Practices, Refinancing, Title, Title Insurance|

by Dianna Jackman, Sr. Escrow Officer Chicago Title Agency There is a new sheriff in town and its name is the CFPB.  Beginning January 10, 2014, the Consumer Financial Protection Bureau will now be in charge of policing the mortgage industry under the regulations of the Dodd-Frank rules.  According to the new rules under regulation [...]

Transferring of Title Insurance

2019-03-05T23:44:15+00:00December 16th, 2012|Estate Planning, Investing, Legal Procedures, LLC, Strategy, Title, Title Insurance, Title Transfer|

Bank owned and short sale transactions have restrictions against selling to an entity instead of an individual, so there are concerns to be aware of when investing.  When you take title in your individual name, there are some additional liabilities to consider.  The most important is making sure you have the proper home owner’s insurance [...]