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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Promises I have to keep.... Posted by Ward-CA- on November 13, 2003 at 6:54 AM In Reply to: Title Co's Job.?.? posted by Lughead on November 12, 2003 at 9:50 PM : hello : is it normal for a title co to request loan numbers and borrowers name on a property where we took title subject to exixting financing? : seems all that info is clearly spelled out in the deed of trust : additionally - this place wants every last bit of documentation regarding our corp (which holds title) - this is new to us as no other title co in our area has ever needed so much information - and we wwould prefer not to give out any more info than necessary - what experiences have others had and any suggestions? : is there something for a corp that is the equivalent to a cert of trust for a THT to avoid giving out the 'guts' of the corp? : thanks you =?=?=?=?=?=?=?=?=?=?= Lunk, Now I think you'll appreciate my past advice when I told you to always dictate the title company and the escrow company you want to use for your transactions when finalizing the terms of any offer to purchase you're involved in, regardless of what side of the deal you're on...either buyer or seller. I won't budge when the real estate agent insists that we use some other title company or escrow. Those are deal points I don't negotiate. If I can't get them I'll pass on the deal. I've never had to go that far. The agent always buckles under when push gets to shove concerning his real esatate commission. When an agent asks me why I'm so adamant about what company I want to use I just tell him "I have promises I have to keep". I've done this for years and so I always get a predictable result. Life just goes easier when you can eliminate as many flip-flops as possible. If it's not too late just switch to a more reasonable title company and close your deal. Hope this helps. Follow Ups: Re: Promises I have to keep.... Lughead 1:39 PM, 11/13/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : hello : : is it normal for a title co to request loan numbers and borrowers name on a property where we took title subject to exixting financing? : : seems all that info is clearly spelled out in the deed of trust : : additionally - this place wants every last bit of documentation regarding our corp (which holds title) - this is new to us as no other title co in our area has ever needed so much information - and we wwould prefer not to give out any more info than necessary - what experiences have others had and any suggestions? : : is there something for a corp that is the equivalent to a cert of trust for a THT to avoid giving out the 'guts' of the corp? : : thanks you : =?=?=?=?=?=?=?=?=?=?= : Lunk, : Now I think you'll appreciate my past advice when I told you to always dictate the title company and the escrow company you want to use for your transactions when finalizing the terms of any offer to purchase you're involved in, regardless of what side of the deal you're on...either buyer or seller. : I won't budge when the real estate agent insists that we use some other title company or escrow. Those are deal points I don't negotiate. If I can't get them I'll pass on the deal. I've never had to go that far. The agent always buckles under when push gets to shove concerning his real esatate commission. When an agent asks me why I'm so adamant about what company I want to use I just tell him "I have promises I have to keep". : I've done this for years and so I always get a predictable result. Life just goes easier when you can eliminate as many flip-flops as possible. : If it's not too late just switch to a more reasonable title company and close your deal. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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