Thepreferredtitlegroup
Full service Maryland Title Agency "Doing Good…
thepreferredtitlegroup.webnode.com
| User: | CHARLENE Perry |
|---|---|
| Tags: | closing costs, title insurance, real estate settlements, reo transfers |
Recent user posts
FAQ THE NEW FANNIE MAE ADDENDUM
WOW!! Thank you all for reading my post relating to the new Fannie Mae Addendum, titled NPDC FORM 001 DATED 11-30-09. I will attempt here to answer some of the questions that have been presented to me over the last week or so from many of you who have called or e-mailed your questions to me. I want… Read more
FANNIE MAE HAS A NEW ADDENDUM READ CAREFULLY
I was very pleased to learn last Friday that Fannie Mae is using a new addendum for their REO properties. As you may know all banks use their own addenda for REO sales. For many years now Fannie Mae has been using basically the same addendum which stated that the buyer MUST use the seller's title… Read more
GUIDELINES AIM TO EASE SHORT SALES
Guidelines Aim to Ease Short Sales The Wall Street Journal | December 1, 2009 The Obama administration laid out final guidelines on Monday that should make it easier for some financially troubled borrowers to sell their homes. The guidelines are designed to encourage the use of short sales, transactions… Read more
REALTOR COMMISSIONS FALL SHORT
In spite of an up-tick of homesales over the last month or two, realtor commissions are still well below what they had been previously. See the full article below. Budding Housing Recovery Fails to Bolster Broker Commissions … Read more
FHA LOANS GET DRAMATICALLY COSTLIER
MSN reported today that the cost of acquiring a home under FHA financing will soon become dramatically costlier. Please link to the above for the full article by Maryilyn Lewis. articles.moneycentral.msn.com/Banking/HomeFinancing/fha-loans-get-dramatically-costlier.aspx… Read more
U.S STEPS UP PRESSURE ON LENDERS TO MODIFY MORE MORTGAGES
U.S. Steps Up Pressure on Lenders to Modify More Mortgages The Washington Post | December 1, 2009 The Obama administration on Monday promised tougher scrutiny of lenders participating in its marquee foreclosure-prevention effort and threatened to penalize companies that don't do enough to help struggling… Read more
OLD REPUBLIC TITLE RATE CALCULATOR APRIL 1, 2010
Old Republic Title has announced a new rate increase for the State of Maryland that will become effective on April 1, 2010. This rate increase is consistent with the rate increases that were granted to all other major title underwriters here in Maryland. On April 1, 2010 the rates will be published… Read more
About Us
About Us The Preferred Title Group, Inc. offers you and your clients more than 40 years combined experience in the title and settlement field. We have handled transfers and refinances for both sellers and buyers in more than 6000 transactions over the last 11 years. Specializing in transferring REO… Read more
Contact Us
Contact THE PREFERRED TITLE GROUP, INC. 3605 E. Joppa Road Baltimore, MD 21234 410-663-7444 410-663-6520 fax Conveniently locted in Perry Hall Maryland. Easy access from the Baltimore Beltway… Read more
Lenders Refuse To Finance Condo Sale Where 15%+ Of Members Delinquent…
Lenders Refuse To Finance Condo Sale Where 15%+ Of Members Delinquent On HOA Fees, Leaving Unit Owner Unable To Unload Apartment In Baltimore, Maryland, WBAL-TV Channel 11 reports: The tightening of the mortgage industry is keeping one Glen Burnie man from selling his home. Dave Shaffer said he… Read more
OLD REPUBLIC TITLE RATE CALCULATOR APRIL 1, 2010
Old Republic Title has announced a new rate increase for the State of Maryland that will become effective on April 1, 2010. This rate increase is consistent with the rate increases that were granted to all other major title underwriters here in Maryland. On April 1, 2010 the rates will be published… Read more
Website launched
Our new website has been launched today. Please visit our NEW WEBSITE., www.thepreferredtitlegroup.webnode.com We hope that you find it to be informative and interactive. We welcome your feed back. You may still access our old website, www.preferredtitlegroup.com , while we continue to build the new… Read more
PROTECTING YOUR CLIENT IN A REO PURCHASE TRANSACTION
In almost every REO deal the bank will counter offer with their own addendum which will contain significant changes to your offer. Some of the terms you will see in the counter-offer will include such items as: In the event of a conflict the bank's terms will prevail. What does that mean, well it means… Read more
AIG IS AT IT AGAIN
Well, I guess you know I just have to comment on this! In an article in today's Washington Post written by Brady Dennis it has been announced that AIG is planning on issuing bonuses to employees of their Financial Products Division, with an additional tens of more millions worth of bonuses to be paid… Read more
E & O INSURANCE AND THE ECONOMY
With the start of the New Year comes renewal time for insurance policies here in my office. It was with some surprise that I took delivery of a certified letter today from my E & O carrier, AIG, (remember them? ) stating that my E & O policy will be increasing by 125% over last year's cost… Read more
THE FANNIE MAE ADDENDUM AND HOME PATH FINANCING
Good Morning to all!! I wanted to share with you a very interesting conversation I had this morning with a first time home buyer in the State of Maryland. The buyer called me after reading a few of my blogs here in Activerain relating to the Fannie Mae addendum. She is purchasing a Fannie Mae property… Read more
MARYLAND FORECLOSURE CHANGE EFFECTIVE JNE 1, 2010
The Maryland General Assembly has recently ended it's session for the year and the Maryland Land Title Association was following many of the bills very closely. Of particular interest to everyone in Maryland was the passage of HB 472 FORECLOSURE PROCEDURES-FORECLOSURE MEDIATION. These new rules… Read more
FREE LOCATION SURVEY
FREE LOCATION SURVEY.pdf (88,4 kB) FREE LOCATION SURVEY WITH EVERY CONTRACT PRESENTED BETWEEN MAY 1, 2010 and MAY 31, 2010. Submit the attached authorization form with your contract of sale and received ABSOLUTELY FREE a location survey for the property you are purchasing.… Read more
SO YOU WANT TO BE AN INDEPENDANT TITLE AGENT
Yes, I am a proud independant title agent. I love that I answer to no one other than myself (and of course the underwriter) and that I make decisions based on my experience and work ethic when it comes to issuing a title policy for a consumer. So, having said that, you may wonder as to the title… Read more
THE ROLE OF THE REALTOR IN THE SHORT SALE TRANSACTION
the role of the realtor in the short sale.doc (34,5 kB)… Read more
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