seller is a notary and notarized her own signature

Just got this update from DW on the deed saga..."I have good news and bad news on this file.The good news.....the last seller received the deed, signed it, and returned it to Attorney X's Office. :-) This was the deed with all signatures including the one from China.The bad news......the last seller is a notary and notarized her own signature! Ooops....can't do that. Attorney X's office has

still not closed.....

Just an update on a previous post, "The property has been in the family for decades."One family member can't be found. They were circulating two deeds. The deed sent to this unresponsive family member is now lost along with all the signatures including one from China. The seller has agreed to allow us to escrow $10,000.00 while they pursue a quiet title on the unresponsive family member, but we

HUD-1 Settlement Statement one day before closing?

Boy, we wish we could provide the final figures for review even 3 days before closing. That would be terrific. In fact, we have a bonus program here at TCS. If a member of our HUD Team produces a HUD two or more days before closing we pay a $10 bonus, split between the HUD preparer and our scheduler. We want to incent the "right" way to do business and assist buyers and borrowers who prefer

Pre-approved and ready to go?

WHEN YOU FIND THE PERFECT HOUSE, a sales agreement will be prepared and an offer made to the seller. If you want the property inspected for any reason, this is the time to speak up. Do take the time to read the sales agreement. Most agreements are written in plain English so consumers will find them easy to understand. Make sure

Refinancing Tips from a Closing Perspective

PREPARING FOR A REFINANCERefinancing is what you do when you put a mortgage on a piece of real estate you already own.Mortgage lenders call it a refinance even if you own the real estate free and clear.Understand the process and avoid common pitfalls. We've had lots of experience closing refinance transactions. We’d like to help you be an educated consumer.1. ORDER A PAYOFF LETTERIf you have an

COMPARE INTEREST RATES AND "GOOD FAITH ESTIMATES"

There's more to shopping for the best deal than just comparing interest rates. Each lender provides a "Good Faith Estimate" disclosing costs associated with the transaction. Ask for this disclosure before choosing your lender. You need it to make a fair comparison.The costs disclosed on the "Good Faith Estimate" are basically divided into 3 categories:Actual lender