InnoVest's Foreclosure Forum
Ward takes the stairs.

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Annual Reunion

Speaking Schedule

Store

Foreclosure Fundamentals

Code References

Recent Legislation

50 State Foreclosure Basics

Foreclosure Glossary

Foreclosure Statistics

75+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Booklist

Contact / Map | Priceline Tips

About Us

Home

 

Innovest Resource Management BBB Business Review

appeal holding up sale

MTI
November 01, 2011 10:28AM
Does anyone know of a title company that is willing to take on more risk (in return for a higher premium) than most? I have a million dollar + property that is in escrow to a ready and willing cash buyer and the former owner is holding up the sale through a recent appeal of an order expunging the lis pendens. I can explain in more detail if more details are needed. Overall, title companies don't want to insure this transaction (they can, just dont want to) because based on the history of this former owner, they believe they will be dragged into a lawsuit and have to defend themselves. Basically they want to wait for the appeal to take place (about 9 months out) before they will insure. Thoughts?
Subject Author Views Posted

appeal holding up sale

MTI 3710 November 01, 2011 10:28AM

Bond around it...

Rick Harmon 2565 November 01, 2011 11:38AM

Re: Bond around it...

MTI 2607 November 01, 2011 11:43AM

Re: Bond around it...

Kristine-CA 2518 November 02, 2011 07:59AM

Re: Bond around it...

MTI 2404 November 02, 2011 10:48AM

Re: Bond around it...

Kristine-CA 2595 November 02, 2011 06:00PM



Sorry, only registered users may post in this forum.

Click here to login

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2024, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455