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settlement: FAQ's of Reverse Mortgage Settlement - 02/12/08 12:24 PM
We all know that Reverse Mortgage Settlements can be tricky. You need an experienced closer that is patient and professional. Advantage Title's Reverse Mortgage Team has closed hundreds of reverse mortgage transactions. We have put together the 5 frequently asked questions that arise during the settlement. Your borrowers will feel more comfortable if these are addressed prior to closing:
Why are there 2 Deeds of Trust? The first Deed of Trust represents your lenders lien on the property. The second represents HUD as they assume the second position because HUD is insuring that the homeowner will continue to receive loan payments in … (18 comments)
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settlement: Know of any good West Virginia Attorneys - 05/23/07 08:30 AM
Being with a national title company, we get a lot of people asking us to help them in West Virginia. At first we would handle the processing ourselves and have an attorney conduct the settlement. But with the recent changes to the law, attorneys must now handle the entire transaction.
We are currently working with a few attorneys that we refer business. But, some of them seem to be over worked, they can be inflexible, they don't always return calls, and we have had some post closing and funding issues.
Can anyone out there recommend an attorney that:
Travels to the borrowers homes Covers … (0 comments)
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settlement: Nightmare Settlement Stories - 05/18/07 07:31 AM
My idea of a perfect settlement would go like this:
Myself, the Buyers and their Agent, the sellers and their agent, and the lender (just in case) all arrive to the table 15 minutes early. We all discuss the buyers future plans, discuss where the sellers are moving, show each other pictures of our children, and once we are done get down to closing. Everyone has already seen the HUD since the package got to my office yesterday. The buyers love the rate and term of their loan. The sellers take their proceeds and embark on life's next great journey. The wire … (0 comments)
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Chris Breck, Advantage Title Company
Baltimore,
MD
More about me…
Advantage Title Company - Nationwide
Address: 809 Gleneagles Court, Suite 101, Towson, MD, 21286
Office Phone: (410) 494-0380 x 101
Cell Phone: (443) 695-2090
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