InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: I dunno... Posted by Tom on May 13, 2009 at 9:47 AM In Reply to: I dunno... posted by Rick, the Probate Guy on May 13, 2009 at 7:32 AM I don't agree with everything you said, but you brought up some interesting points. As most often the prospective is from a CA viewpoint and some of your points may be very valid in CA, but we don't even know if the property is located in CA. More detail from the original poster would lead to less assumptions on everybody's part. This is akin to a doctor diagnosing a problem via telephone. While CA does have its idiosyncracies, my prospective is national in nature. Regardless of how the issue is resolved it probably should have been resolved beforehand or maybe they are trying to resolve it before marketing. In any case it reinforces the belief that we're probably dealing with a newer smaller servicer. In my world a clean title was a relatively rare occurance and it was rare that a clouded title issue couldn't be papered over. Most of the problems were from a lack of understanding by the title officer, an overly conservative viewpoint, or it was just expedient to make an exception and sort out the details later. Almost any title company is decent at the routine transactions, but clouded titles & surveys separate the men from the boys. Follow Ups: Separating the men from the boys? Joke 12:26 AM, 05/13/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I don't agree with everything you said, but you brought up some interesting points. As most often the prospective is from a CA viewpoint and some of your points may be very valid in CA, but we don't even know if the property is located in CA. More detail from the original poster would lead to less assumptions on everybody's part. This is akin to a doctor diagnosing a problem via telephone. While CA does have its idiosyncracies, my prospective is national in nature. Regardless of how the issue is resolved it probably should have been resolved beforehand or maybe they are trying to resolve it before marketing. In any case it reinforces the belief that we're probably dealing with a newer smaller servicer. In my world a clean title was a relatively rare occurance and it was rare that a clouded title issue couldn't be papered over. Most of the problems were from a lack of understanding by the title officer, an overly conservative viewpoint, or it was just expedient to make an exception and sort out the details later. Almost any title company is decent at the routine transactions, but clouded titles & surveys separate the men from the boys. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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-date("Y"), 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