Mortgage payoff is done after the home has been sold correct and funded to the seller? For the people who want to use part of their profits towards that?
It happens simultaneously through the title company. The buyer brings the money and the title company separates it to the proper payoff entities and the remainder is cut to the sellers.
This video was specific to residential real estate and it would apply for up to 4 unit multifamily. Beyond that - please reach out to Sarah as commercial is not my specialty. Thanks!
Purple Heart Iraq Veteran here with a major problem please advise. So here’s the story. I bought a Home in May 2021 and it’s now October 2022. When I got my property tax statement in the mail I noticed a direct charge from "Hero Pace Program” in the amount of $1443. Called my county and was like, why is this charge on my account? They said previous owners took out a loan with “HPP” and there is a balance payable each year for $1443 until 2028. Called my real estate agent, Mortage Company “(Veterans United), and checked my closing title docs, nothing in my contract states anything about this “ Hero Pace Program”. When I bought my home I bought title insurance so I filled a claim and now it’s under review. I guess my question is, does my purchased title insurance cover me on this matter? Are they now responsible for this “HPP” balance? They never reported it to my VA loan Officer and once again it is not on my signed title closing docs.
@@CaylaSchluterRealtor I'm a new notary in Minnesota and I have been seeking information relating to the state's real estate market. Your videos are easy to understand and I am learning a lot from your vlogs.
If you are searching for title services in Broward, best title search in Broward, best title insurance in Broward, best title search services in Broward, best title insurance services in Broward, so visit the best title company in Florida in particular Consumers First Title. Visit: cftitleco.com/
Avoid First American Title company, they have corrupt practices and do not protect the sellers interest. You have to take them to court to have a contract honored! Buyers beware
Please a video about fraud deed and realtor responsibilities selling property without permission of the owner
Insurance agent here trying to understand the title n mortgage industry more. good video thank you
Thank you!
Very helpful.
Glad you think so!
Waoh thank you sooo much. Am a new agent and this has really helped thank you!!
Glad it was helpful! There's a lot to learn as a new agent.
Mortgage payoff is done after the home has been sold correct and funded to the seller? For the people who want to use part of their profits towards that?
It happens simultaneously through the title company. The buyer brings the money and the title company separates it to the proper payoff entities and the remainder is cut to the sellers.
I have title search knowledge over 3.5 years and how may I get pay per order opportunity?
Great information. Thank you for sharing. 🙏❣️
You're welcome!
Would this be the same for the commercial side of Real Estate? Specifically commercial multi-family.
This video was specific to residential real estate and it would apply for up to 4 unit multifamily. Beyond that - please reach out to Sarah as commercial is not my specialty. Thanks!
Purple Heart Iraq Veteran here with a major problem please advise. So here’s the story. I bought a Home in May 2021 and it’s now October 2022. When I got my property tax statement in the mail I noticed a direct charge from "Hero Pace Program” in the amount of $1443. Called my county and was like, why is this charge on my account? They said previous owners took out a loan with “HPP” and there is a balance payable each year for $1443 until 2028. Called my real estate agent, Mortage Company “(Veterans United), and checked my closing title docs, nothing in my contract states anything about this “ Hero Pace Program”. When I bought my home I bought title insurance so I filled a claim and now it’s under review. I guess my question is, does my purchased title insurance cover me on this matter? Are they now responsible for this “HPP” balance? They never reported it to my VA loan Officer and once again it is not on my signed title closing docs.
If you took out title insurance at the time of closing, I would follow up with them directly. Good luck!
How do you bring clients to a Title Company if you are an introvert and hate networking?
Great video
Great video and informative.
Thanks Michael for watching! Glad you enjoyed it!
@@CaylaSchluterRealtor I'm a new notary in Minnesota and I have been seeking information relating to the state's real estate market. Your videos are easy to understand and I am learning a lot from your vlogs.
Is the process the same when selling land?
This is alot 🤯
Only need to know a little at a time. The title companies and real estate agents will guide you through the process.
Do title officers make commissions?
Some are paid a commission and some are employees. It depends on the compensation structure you set up with the company.
How far back does a title search go ?
40 years is a typical title search
If you are searching for title services in Broward, best title search in Broward, best title insurance in Broward, best title search services in Broward, best title insurance services in Broward, so visit the best title company in Florida in particular Consumers First Title. Visit: cftitleco.com/
hi cayla, any tips how to process title orders?
Hi Martha - I'm a realtor not a title agent. In this video I interviewed a title agent, so you are welcome to reach out to her. Thanks!
Avoid First American Title company, they have corrupt practices and do not protect the sellers interest. You have to take them to court to have a contract honored! Buyers beware
👍🏼👍🏼👍🏼
Thanks for watching! I appreciate your time!
S
Do you work with TIPICs
No. I'm not familiar with that term.
Its Tax Insurance Provider Independent Contractors@@CaylaSchluterRealtor
Hello mam I am from India have 7 years of experience in Title Industry, I would like get orders on my own can you tell me the way to approach
Hi Shanthini - I'm a realtor not a title agent. In this video I interviewed a title agent, so you are welcome to reach out to her. Thanks!
Great video
Thanks! Glad you liked it!