Re=
Posted: Wed Jul 09, 2014 9:54 am
Reply-To: "Desiree Causey"
X-Original-Return-Path: "Desiree Causey"
To: cdcbaa@yahoogroups.com
X-Yahoo-Newman-Id: groups-system
As a former title company underwriter, I can tell you that Pat is exactly
right. I cant tell you how many times I picked up the phone and heard
about a scenario just like this and then to be told that I was being
unreasonable, etc. Any underwriter worth his or her salt will have a clear
idea of what is needed to move the transaction forward. Sometimes it is the
paperwork that already exists.
Call the person with authority to fix it, and that is never the realtor
selling the property. In a worse case scenario, MOVE THE TITLE to a
friendlier title company. All title companies are NOT the same. I have
moved title and gotten the transaction closed quickly. And sometimes just
threatening to move the title work gets it done.
Desiree Causey, Esq.
Law Office of Desiree Causey
17011 Beach Blvd., Suite 900
Huntington Beach, CA 92647
causeylaw@gmail.com
714-375-6663
714-908-7646 (fax)
Any tax advice contained in the body of this e-mail (and any attachments
thereto) was not intended or written to be used, and cannot be used, by the
recipient for the purpose of avoiding penalties that may be imposed under
the Internal Revenue Code or applicable state or local tax law provisions.
Privileged And Confidential Communication.
This electronic transmission, and any documents attached hereto, (a) are
protected by the Electronic Communications Privacy Act (18 USC
2510-2521), (b) may contain confidential and/or legally privileged
information, and (c) are for the sole use of the intended recipient named
above. If you have received this electronic message in error, please notify
the sender and delete the electronic message. Any disclosure, copying,
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strictly prohibited.
Please consider the environment before printing this e-mail.
From: cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com]
Sent: Wednesday, July 09, 2014 9:44 AM
To: cdcbaa@yahoogroups.com
Subject: RE: [cdcbaa] Re: How to clear a judgment?
Following up on Sams and Jims comments, the key here is the title insurer.
Whenever you hear escrow needs/requires think title company. Every real
estate transaction, whether it be a refi or a sale, has a title insurance
company involved who says what they require to clear title to the point
where they will insure it. (They will actually insure it with liens,
etc,,but the policy will state that the title is subject to those liens and
people do not want to buy encumbered property.) For a sale there is a
lenders policy and a buyers policy; for a refi there is only a lenders
policy.
When these issues come up and there are any complications or uncertainties,
ask escrow who the title company is, the title order number and the name and
contact info for the title officer (if they dont know the title officer
assigned, the order number will get you to the right title officer).
Contact the title officer, explain why you think there is no lien and ask
them to tell you exactly what they need. Then send a confirming email. They
will tell you what needs to be recorded. If they say they need a court
order, ask what language they need in the order, I then write the language
and send it to the title officer for approval. Sometimes you may need to go
to the next level, which is the title attorney.
If you have any questions or concerns, please contact me.
Pat
Patrick T. Green
Attorney at Law
Fitzgerald & Green
1010 E. Union St. Ste. 206
Pasadena, CA 91106
Tel: 626-449-8433
Fax: 626-449-0565
pat@fitzgreenlaw.com
The post was migrated from Yahoo.
X-Original-Return-Path: "Desiree Causey"
To: cdcbaa@yahoogroups.com
X-Yahoo-Newman-Id: groups-system
As a former title company underwriter, I can tell you that Pat is exactly
right. I cant tell you how many times I picked up the phone and heard
about a scenario just like this and then to be told that I was being
unreasonable, etc. Any underwriter worth his or her salt will have a clear
idea of what is needed to move the transaction forward. Sometimes it is the
paperwork that already exists.
Call the person with authority to fix it, and that is never the realtor
selling the property. In a worse case scenario, MOVE THE TITLE to a
friendlier title company. All title companies are NOT the same. I have
moved title and gotten the transaction closed quickly. And sometimes just
threatening to move the title work gets it done.
Desiree Causey, Esq.
Law Office of Desiree Causey
17011 Beach Blvd., Suite 900
Huntington Beach, CA 92647
causeylaw@gmail.com
714-375-6663
714-908-7646 (fax)
Any tax advice contained in the body of this e-mail (and any attachments
thereto) was not intended or written to be used, and cannot be used, by the
recipient for the purpose of avoiding penalties that may be imposed under
the Internal Revenue Code or applicable state or local tax law provisions.
Privileged And Confidential Communication.
This electronic transmission, and any documents attached hereto, (a) are
protected by the Electronic Communications Privacy Act (18 USC
2510-2521), (b) may contain confidential and/or legally privileged
information, and (c) are for the sole use of the intended recipient named
above. If you have received this electronic message in error, please notify
the sender and delete the electronic message. Any disclosure, copying,
distribution, or use of the contents of the information received in error is
strictly prohibited.
Please consider the environment before printing this e-mail.
From: cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com]
Sent: Wednesday, July 09, 2014 9:44 AM
To: cdcbaa@yahoogroups.com
Subject: RE: [cdcbaa] Re: How to clear a judgment?
Following up on Sams and Jims comments, the key here is the title insurer.
Whenever you hear escrow needs/requires think title company. Every real
estate transaction, whether it be a refi or a sale, has a title insurance
company involved who says what they require to clear title to the point
where they will insure it. (They will actually insure it with liens,
etc,,but the policy will state that the title is subject to those liens and
people do not want to buy encumbered property.) For a sale there is a
lenders policy and a buyers policy; for a refi there is only a lenders
policy.
When these issues come up and there are any complications or uncertainties,
ask escrow who the title company is, the title order number and the name and
contact info for the title officer (if they dont know the title officer
assigned, the order number will get you to the right title officer).
Contact the title officer, explain why you think there is no lien and ask
them to tell you exactly what they need. Then send a confirming email. They
will tell you what needs to be recorded. If they say they need a court
order, ask what language they need in the order, I then write the language
and send it to the title officer for approval. Sometimes you may need to go
to the next level, which is the title attorney.
If you have any questions or concerns, please contact me.
Pat
Patrick T. Green
Attorney at Law
Fitzgerald & Green
1010 E. Union St. Ste. 206
Pasadena, CA 91106
Tel: 626-449-8433
Fax: 626-449-0565
pat@fitzgreenlaw.com
The post was migrated from Yahoo.