Rants and Ravings from your Maryland REO Title Expert

By
Title Company - Crown Title Corporation

ARCHIVED BLOG POSTS

2010 

I read an interesting article today at Source of Title written by Robert Franco.  Mr. Franco brings up a very good point, one that I think most Realtors don't consider when trying to help a friend or family member in a FSBO transaction. I have seen, in my role as a title agent, situations where t...
Posted over 3 years ago
Well I couldn't sleep last night. As is often the case I was thinking about business just before turning in for the night and as a result tossed and turned for hours.  But they were not totally unproductive hours.  I was able to compile a list of related industries that have been severely affecte...
Posted over 3 years ago
I guess we saw this coming but for some reason I was surprised by this article written in The New York Times by Tara Siegel Barnard. http://www.nytimes.com/2010/07/20/your-money/mortgages/20mortgage.html?_r=2 Curiously enough I was talking to a Realtor today in my area who specializes in short sa...
Posted over 3 years ago
Recently there have been several articles in our local daily paper, The Baltimore Sun, that would make one believe that ALL title agents are crooks and are not to be trusted.  I am here to tell you that that is just not so. An article written by Jay Hancock dated June 20, 2010 is so blatently acc...
Posted over 3 years ago
It came to my attention yesterday that while most REO addendums floating around these days specifically state that the buyer may use their own title agent there a number of asset managers who are countering with a statement that the buyer MUST (or sometimes, because of RESPA) WILL use the seller'...
Posted almost 4 years ago
I am so frustrated with these banks who drag their feet for endless months on short sale and loan modifications. Why can't they see that they are not helping the situation for these poor homeowners who's lives have been turned upside down due to an economic crisis that they, the homeowners, had n...
Posted almost 4 years ago
 I know this bill has been floating along for a while now and I have meant to comment on it.  I generally agree with this proposal and hope that it sees passage H.R. 4229-Borrowers' Right to Inspect Closing Documents Act of 2009.   This bill was introduced in the house in December 2009 and has be...
Posted almost 4 years ago
I have been working with a realtor for 4 months now on a short sale transaction that finally got lender approval in the middle of June.  Upon hearing  from the lender that the transaction was approved the Realtor called me to schedule the closing and advised that the seller would be calling me la...
Posted almost 4 years ago
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CHARLENE PERRY

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