by alex a | Oct 7, 2016 | Legal Tips
A common scenario we see in real estate concerns divorced Sellers. For example, a husband and wife own property together; both are on the deed. The couple later divorces and the Divorce Decree states that the wife is to receive the real property. A year or so passes...
by alex a | Sep 29, 2016 | Legal Tips
One of the most misunderstood aspects of a real estate transaction is lender’s title insurance. Many lenders, agents and even some attorneys wrongly advise the buyer not to purchase an owner’s title insurance policy because the lender has a lender’s...
by alex a | Sep 23, 2016 | Legal Tips
Have you ever been at a closing and the attorney says that we we are done signing but we do not have the funds to disburse? Then the client says, “I sent the wire an hour ago, is there a problem?” Because a closing attorney cannot disburse the closing...
by alex a | Sep 16, 2016 | Legal Tips
Over the past few months we have discussed issues with cyber fraud and how it affects real estate closings. Here is a real example of an attempted fraud at a law firm in the low country that was thwarted by a smart paralegal. She writes: I received an email from...
by alex a | Sep 9, 2016 | Legal Tips
When you present a contract offer to another party or their agent, if you do not have physical possession of the earnest money check do not complete Paragrpah 4A of the CCRA contract stating that you do. Too often agents complete this section of the contract when they...
