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mortgage brokers: Search & HOLD!!! SEARCH AND HOLD....SEARCH & HOLD! - 06/10/09 02:22 PM
"A Search and Hold provides information of record as to the current property owner, to be used for reference when listing a property."
This product also advises the Realtor and Lender of any potential pitfalls such as an IRS lien, unreleased mortgage, 2nd or 3rd mortgage,lis pends, other names in title, divorce's old & new, as well as trusts etc..etc...etc...etc..! In addition, it shows AMOUNTS OWED....that allows EVERYONE to JUST DO THE MATH!
I REALIZE that Realtors already UNDERSTAND what this is! so...please dont attack me for being BASIC!HOWEVER, I don't understand why they are not used as often as … (6 comments)
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mortgage brokers: Mortgage Broker vs Mortgage Banker Vs Bank. "What you talking bout Willis?" - 05/05/09 03:48 PM
Recently, I have been noticing a LARGE number of blogs on AR and other sites, talking about TOPICS in the Mortgage Business, and it is clear to me that the general public, as well as Professionals within our industry, are not noticing the differences of perspective that these blogs are coming from! Soooo....I am going to TRY and simplfy it for everyone! I by the way, have been all three of them!
Mortgage Broker
The "matchmaker" between a homebuyer and/or person refinancing their home, and a lender with the goal of originating a mortgage loan. The Broker draws … (2 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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