Owner’s title insurance

What is a Mortgage Discharge and Why Do You Need One?

A mortgage is a debt, and an old debt can delay a closing. It almost never happens when there are professionals representing the seller. Once in a while, a seller doesn’t have a thorough attorney or broker. Then a title search will find out that their property still has an open mortgage without a recorded

By Rona|2023-04-02T09:39:29-04:00April 5th, 2023|Categories: buying process, Legal questions, Mortgage matters|Tags: bank, discharge, lender, merger, mortgage, Owner’s title insurance, seller's debt|

Basics about the Good Faith Estimate

Yet another one of my clients is staying up at night worrying about whether his lender is about to bait-and-switch him, causing thousands of dollars to be added to his closing costs. The changes to the Good Faith Estimate rules, have made me more confident that this kind of consumer manipulation is in the past.