darren whitty: Zero Demands- Not as simple as once thought!
- 04/08/13 11:51 PM
Chicago Title's Albany, Calif. office opened a For Sale by Owner transaction with a sale price of $495,000. The escrow assistant, Debbie Neylan, ordered a title report. The title report reflected two deeds of trust on title, each with a reconveyance recorded with a side note that read, "Said deed of trust appears to be reconveyed by the above recorded instrument. An inquiry must be made with the lender confirming payment prior to close." Debbie requested loan numbers from the seller, an unmarried woman. The seller responded that the loans were paid in full and she had a new loan that … (0 comments)
All signals point to the right direction for us and our industry. Check out the numbers below as there are great indicators for the progress that lies ahead. We as professionals need to sharpen our skills, and start paddling to get ahead of the future business, otherwise we will get passed as those who have been sitting on the sidelines get back into the business. As we are working our business we are knowing our clients more, and placing programs and service accordingly? Does your title company customize there service? We Do! Schedule an appointment with us … (0 comments)
darren whitty: Just Another Day...Really?
- 02/18/13 11:02 PM
Just another day... Or Is it? We all have life's reminders hitting us square in the face on a routine basis, reminding us to be grateful for the opportinity in our lives, but what do we do with them? Here are some of the cliche's: Life is Short Don't Blink Its the moments that take your breath away Live Like You Are Dying The Dash- 19XX-20XX (what did you do in the dash) My example: I am a man of FAITH, and I have heard many times, I will pray for you my friend., and I appreciate this greatly. However, some … (1 comments)
darren whitty: Online Fiance- Sounds Like Manti Teo
- 02/15/13 03:07 AM
An Escrow Officer from the Chicago Title Company's Alameda County, Calif. operation was working with an agent named Lynn Lee at Jay Dee Real Estate in San Jose, Calif. on a short sale transaction. On Friday, November 9, 2012 an email was sent from the selling agent to the escrow officer, directing her to wire transfer her portion of the broker's commission in the amount of $5,702.50 to ABC Bank in West Point, Neb. to the account of Beth Black. On the same day the escrow officer emailed the broker at Jay Dee Real Estate, to confirm the wire transfer of … (0 comments)
darren whitty: Committed To Stopping Fraud-Stealing Foreclosed Properties
- 01/22/13 10:47 PM
Below is an article about a man who stole foreclosed properties from large lending institutions in Southern California. Mr. Boucher identified REO properties in Los Angeles, Riverside and San Bernardino Counties and executed grant deeds as the lender's "authorized representative." In many instances, the individuals he deeded the properties to were the very persons upon whom the lender had previously foreclosed.
In February 2012 Eldred Sotello, a Western States underwriter, prepared confidential memorandum #2265 which identified Boucher and many other individuals and entities with whom he collaborated. Eldred also directed an email alert to be issued to the Company's operations … (0 comments)
darren whitty: Assisted Living- Elder abuse in Real Estate
- 12/13/12 10:32 PM
Assisted living facilities are staffed by caregivers who manage personal care, medical care and financial affairs on behalf of individuals who can no longer manage on their own. It is thought to be a noble profession — one of caring, understanding and patience. In this story, however, find out how a caregiver used her position to attempt to bilk her patient out of the equity in her home. A buyer and a real estate agent came to Chicago Title's La Quinta, Calif. office to open a For Sale by Owner with a rush closing in five days. Tamara Blackford, an escrow … (0 comments)
Database Resourcefulness Knowledge Character Personality Follow through Accessibility What value is not is trinkets, donuts and chotskys! The challenge most title sales executives have is knowing what their true value is, and or even more so, the ability to define their value to a client. If I could help you close 1 more transaction this year, would that be value? If I could help you save time and headaches, would that be value? If I could take the time and show you how to truly leverage technology, would that be of value? These … (2 comments)
darren whitty: Drama- How divorce can kink a transaction!
- 11/14/12 01:44 AM
It is amazing how a divorce can affect a closing. Many people believe their domestic problems become the settlement agent's problem and often look to the settlement agent to be the tie–breaker for them. It is important for a settlement agent to take a step back, stay out of the drama and never lose sight of the proper escrow procedures and underwriting requirements. This story illustrates how a simple refinance turned into a whole lot of drama — other people's drama — and our Company was continually asked to take on unnecessary risks. Read on to find out why it is … (2 comments)
darren whitty: Role Play: Powerful tool, but why are so many scared to do?
- 10/30/12 11:56 PM
Fact: Role Play, The single most useful tool to improve any sales persons success rate. Fact: Only 21% of sales people use role play to improve? Question: WHY? Fear... What do we miss out on when we let Fear dictate our lives? Its crazy that one of the best and most relevant tools is so often over looked because we are afraid of looking bad in front of our peers. When was the last time that you role played? Positive/ negative? Were you better at your presentation afterwards? Take the step, put the fear aside and dive in and be … (5 comments)
darren whitty: Mastermind- LIVE w PASSION!
- 10/30/12 12:07 AM
As I read the book the Answer by John Asharaf there are some great reminders of the things that we need to and should be doing on a daily basis! Here are a few nuggets about goal setting: Give Your goals some meaning. Purpose- A monetary goal is great, nbut unless you attach it to something that stirs your soul, it is just a number! BE SPECIFIC- Financial, Personal, Faith, Family & Physical Monetary Goal- Give Benchmarks- Net worth, Annual Income & the Gift of Giving... Train yourself to take the actions daily to reach your goals. 5 Musts in … (2 comments)
darren whitty: Involvement in Professional Associations- Get Involved? or not..
- 10/24/12 12:12 AM
For Better or Worse! Sounds like something you might say after walking down the aisle, right? However, it is a mindset as well. You see, we as career professionals need to help the industry that provides greatly opportunity for us. Most would agree that although this industry can be quite challenging, it is also quite rewarding too. If we take this seriously as a career, should we not give back the industry that gives so much? In a competitve environment, your involvement and influence can separate you from your competition. How do we better plug into our industry, and challenge ourselves … (8 comments)
As we round out 2012 And we start running or business for 2013, are we thinking big and dreaming even bigger. Are we clearly mapping out what it is that we would like to achieve over the next 12-15 months.. In the real estate industry our paychecks are usually a delayed gratification by 2-3 months, so realistically creating our 2013 income by our actions today! Yes I said it! OUR ACTIONS TODAY, ARE OUR PAYCHECKS FOR 2013! A great question is: How is your year going to start? Is your head in the game, and are the … (1 comments)
darren whitty: Question: How is the market? and your answer is....
- 10/19/12 02:28 AM
I last wrote about the power of Focus, journaling, and today's topic revolves solely around one question? HOW IS THE MARKET? Challenge: the answer can be a slippery slope! Why, well lets address this point. In today's market we need to be careful what we focus on be use we can be pulled off our target quite easily. Here are a few responses you might hear: It's tough There's no listings No one will approve my offer I can't fight with cash investors The banks are not co-operating on short sales. I need an REO Account This is the worst market … (2 comments)
darren whitty: Property Tax Calendar-Reminder
- 10/01/12 06:49 PM
It is that time of the year again where monies are collected in escrow for the 1st installment of property taxes! As a reminder as to how they are collected, i have attached a copy f our cheat sheat flier! It is important for agents/lenders to know these schedule, because it can affect the dollar amounts on the good faith estimates, and can potetially throw the numbers of with dollars to close. (especially if its a refi and the borrower currently has impounds)
If we remember one thing, THE GOVERNMENT ALWAYS GETS PAID! We will all be better off. … (0 comments)
darren whitty: Accountability- Mastermind Groups- Value
- 09/25/12 10:40 PM
If you are like most people reading is an essential part of growth and knowledge! The #1 challenge can be the application of what you are reading and how to apply it in your business or life. The Power of a mastermind group is one that allows you to see the full picture. Its is a 360 degree look at the content, and not only how it relates to you at that time, but others too. This allows you to see the content from more than just your rose colored glasses. We at Ticor IE are starting a mastermind group … (1 comments)
darren whitty: Home and Health Care? Did you know? Interesting, Be informed!
- 07/24/12 12:55 AM
HOME SALES TAX!! The National Association of Realtors is not pleased with this new tax and hopes this information is forwarded to every voter prior to the election in November. It doesn’t matter which side of the political fence you sit on - it will affect ALL of us. When does your home become part of your health care? After 2012! Your vote counts big time in 2012, make sure you and all your friends and family know about this!
HOME SALES TAX I thought you might find this interesting, -- maybe even SICKENING! The National Association of Realtors is all over this and … (1 comments)
darren whitty: SB County-Eminent Domain to Cram down mortgages? Abuse of Power?
- 07/12/12 02:18 AM
Be Informed.. and please pass this information out! The first public meeting of the Joint Powers Authority considering a radical use of eminent domain in the housing market is Friday morning at 9am at the San Bernardino County Government Center (details below). You can make a difference by making your presence felt at the meeting. San Bernardino County Joint Powers Authority Meeting Friday, July 13th 9:00am (Estimated to last about 90 minutes) County Government Center, Board Chambers 385 North Arrowhead Ave San Bernardino, CA 92415 You don't need to speak, just be there. Contact your county supervisor … (0 comments)
darren whitty: California Homeowner Bill of Rights Approved- Implications?
- 07/12/12 02:08 AM
The Homeowner Bill of Rights prohibits a series of inherently unfair bank practices that have needlessly forced thousands of Californians into foreclosure. The law restricts dual-track foreclosures, where a lender forecloses on a borrower despite being in discussions over a loan modification to save the home. It also guarantees struggling homeowners a single point of contact at their lender with knowledge of their loan and direct access to decision makers, and imposes civil penalties on fraudulently signed mortgage documents. In addition, homeowners may require loan servicers to document their right to foreclose.The laws will go into effect on January 1, 2013, … (1 comments)
I am an Army soldier with the 426 Civil Affairs Battalion (Airborne) and am currently serving my country in Kandahar, Afghanistan. Today I received care packages from your organizationand and have to say that it really made my day. To know that everyone back at home is thinking about us means a lot. We do not have much to look forward to and spend … (0 comments)
darren whitty: Payoffs- Benefit of Wiring Funds vs. Sending Check!
- 06/11/12 11:13 PM
In 2011, a XYZ Title office processed a sub–escrow payoff for an independent escrow office on a residential refinance. Later they received a call from the escrow officer, on behalf of the borrower, claiming the prior loan was never paid off. The borrower had been receiving delinquency notices from his lender for payments on the old loan. The title officer pulled the file and confirmed a check for the payoff was sent on Nov. 22, 2011 and the check had cashed on Dec. 5, 2011. The title officer told the escrow officer they would call the lender to prove to them … (2 comments)
Chicago Title's Albany, Calif. office opened a For Sale by Owner transaction with a sale price of $495,000. The escrow assistant, Debbie Neylan, ordered a title report. The title report reflected two deeds of trust on title, each with a reconveyance recorded with a side note that read, "Said deed of trust appears to be reconveyed by the above recorded instrument. An inquiry must be made with the lender confirming payment prior to close."
;)
;)
