How would you react if you had a limited amount of funds in the bank to pay for closing costs and then were hit with hundreds of dollars in extra "unexpected" closing costs? This is a problem that the Real Estate Settlement Procedures Act (RESPA)...
Every Tuesday, here at the American Trust Escrow blog, we post Technology Tips designed to help you, the REALTOR®, grow your business, keep up to date on the latest technologies, and move you forward into the new era of real estate. Which image is more interesting? ...
Do you have a foreign investor or buyer looking to purchase a home in California? Our experience has been that if the client writes a personal check drawn on a foreign bank, it may take several weeks to be able to verify that the check...
Every Tuesday, here at the American Trust Escrow blog, we post Technology Tips designed to help you, the REALTOR®, grow your business, keep up to date on the latest technologies, and move you forward into the new era of real estate. In two previous posts: An Explanation...
Concurrent closings are a common escrow situation where a client is conducting two real estate deals, and wants them both to close on the same day. It sounds like a simple, straightforward matter of timing; in reality, the request for a concurrent close can be...
Every Tuesday, here at the American Trust Escrow blog, we post Technology Tips designed to help you, the REALTOR®, grow your business, keep up to date on the latest technologies, and move you forward into the new era of real estate. Realtors often ask about...
Wishing you Seasons Greetings and good wishes. Thank you for your continued readership of our blog. May your holidays and New Year be filled with Hope, Joy, and Peace!...
Every Tuesday, here at the American Trust Escrow blog, we post Technology Tips designed to help you, the REALTOR®, grow your business, keep up to date on the latest technologies, and move you forward into the new era of real estate. If one of your New...
There are many implications of loans that are either "Assumptive," or "Subject To." Here is a general overview of some of the definitional differences between the two and how the differences affect the escrow process. Assumption Loans: The term "assumption" is used when a buyer incurs personal...
Every Tuesday, here at the American Trust Escrow blog, we post Technology Tips designed to help you, the REALTOR®, grow your business, keep up to date on the latest technologies, and move you forward into the new era of real estate. Previously, I wrote a post...
