Thank you to Susan Edwards of First American Title for providing this great class for the Brokers of www.TheCascadeTeam.com today, and thank you to all the Agent/Brokers who attended.
- New Forms – New HUD Settlement forms – The proposed rules and their issues for escrow
- Short Sales – Indemnities, conflicting instructions to escrow, rejected wires, etc;
- Fraud – Short Sale Fraud, fraudulent funds
- Earnest Money Disputes – What happens when there is no “meeting of the minds”?
- Who are the parties to the transaction?
- Other common issues:
- - Lack of Information
- - Lack of Legal Description
- - Utilities
- - Buyer closing costs paid by seller
- - Wire Cutoff times
- - Bankruptcy
