Drop in home prices accelerating (5019) Feb 29, 2008
Sure, it's intimidating to read escrow instructions and lender doc's, but you have to. If the seller/buyer doesn't understand what is going on, how the heck do they make sure the realtor is doing the job correctly. (North County Times)
Escrow officers under scrutiny May 6, 2007
In 1994, legislation was passed that allowed regulators to revoke or deny a license if an escrow agent had been convicted of a crime; distributed checks in violation of escrow instructions; didn't have the financial resources, experience or competence to operate legally; or bounced checks on the firm's accounts. But this year, legislation was introduced that would have taken away some of the Department of Financial Institution's tools to regulate the title and escrow industry. (AZCentral -- News)
Congressman's Use of Eminent Domain in Dispute Aug 13, 2006
Miller and his wife signed an amendment to the escrow instructions on Aug. 1, 2002, saying, "condemnation deleted.". Scott Ochoa, the assistant city manager at the time and now the city manager, said the city always discusses the possibility of so-called "friendly condemnation" when it is negotiating a purchase in case a seller wants to claim the forced-sale exemption. (Los Angeles Times)
Realty Reality: Cash-to-Buyer Offers Jul 20, 2006
The cooperation of you and an escrow company is needed so that the lender -- who is supposed to receive certified copies of the escrow instructions and any amendments -- never sees the part about the $100,000 going back to the buyer. "Okay, okay," you may say. (RealtyTimes)
Realty Reality: Seller's Actions May Ratify Agent's Signing Jun 16, 2006
The Court gave examples of cases where the signing of escrow instructions had been taken to be ratification of a contract that had not been properly signed. In this case, though, because the escrow instructions were contained within the purchase document, there were no additional escrow instructions (that repeated the terms of the deal) to be signed. (RealtyTimes)
TRAINING & BUSINESS DEVELOPMENT: Three New Books Added to the RealtyU Bookstore Jun 14, 2006
It also offers extensive coverage of necessary industry forms such as the loan application FNMA form (both English and Spanish versions), credit authorization, escrow instructions, the newest URLA form, and much more. This final addition is also currently available at the for $60. (RisMedia.com)
