Real estate blog entries tagged with loan by Dana Anderson Whittaker (Keller Williams Realty Las Vegas)

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Home : Blogs : Dana Anderson Whittaker : Las Vegas Real Estate Blog by Dana Whittaker : Tag "loan"

loan: Good Things to Know About the REO or Bank Sale Closing Process - 03/14/08 12:30 AM

Good things to know about the
REO-Bank Sale Closing Process:
•1.      The Seller- In an REO transaction the Seller is an out of state bank. The bank contracts a 3rd party asset management company which represents them in the transaction and approves the final escrow closing. All correspondence is done by email, below are a few items performed by Escrow to help you understand the closing process.
•2.      Title Commitment (prelim) - There may be unforeseen vesting and/or lien issues on the title report that will require Escrow and/or Bank Seller to correct before closing.
•3.      HOA Demands (payoffs)- Processing time to obtain … (0 comments)

loan: Important Information Regarding REO Closings in Las Vegas, NV and Henderson, NV - 03/14/08 12:07 AM

IMPORTANT INFORMATION REGARDING REO CLOSINGS IN LAS VEGAS, NV
My title representative, Valerie Grijalva, from First American Title Insurance Company, gave us this information at our real estate sales meeting yesterday in Las Vegas regarding Real Estate Owned (REO) properties. I'm sure that if First American is experiencing this issue, the other companies are too. As an agent, I recommend using this knowledge to prepare your buyer clients and to help control their expectations. This information is very relevant and helpful for what is going on in our industry right now:
We are experiencing increasing delays in obtaining HOA lien demands from almost all the trustee … (1 comments)

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Dana Anderson Whittaker

Las Vegas, NV

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Keller Williams Realty Las Vegas

Address: 3090 S. Durango , Suite 100, Las Vegas , NV, 89117

Cell Phone: (702) 300-7653

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Las Vegas and Henderson Real Estate information provided by a local, full-time, real estate professional and business coach. Get our opinions on Las Vegas and Henderson market data, appreciation, projections, commentaries, lending information, investing, areas of town, builders, homes, land, condos, townhomes, high-rise condos and hotels, lofts, relocating, 1031 exchanges and living in the most exciting city there is. We'll talk about Las Vegas, Henderson, Summerlin, Green Valley Ranch, Seven Hills, Anthem, Southern Highlands, The Strip and More.

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