The Title Agent/Settlement Officer is one of the most important people in closing your real estate transaction. At Family abstract, Inc, our job to insure that the real estate your purchasing is insurable, we act as the final coordinator between you and all the other parties, we insure that the funds are properly disbursed, loans are paid off and released and that the deed is promptly and properly filed. I created this You Tube Xtranormal Cartoon for You Tube Thursdays on Active Rain. The original idea came from a blog by Charlene Perry, I hope you enjoy it, please leave … Read more
Fridays Smiles… from The Hollywood Squares
Take a minute and go back with Family Abstract to a simpler time when all it took was 9 squares and a half hour to put a smile on your face. We strive to make every settlement come with a smile, The Hollywood Squares, is an easy quotable for sure. I hope you enjoy today’s chuckle(s). Q.. Paul, what is a good reason for pounding meat? A. Paul Lynde: Loneliness! Q. Do female frogs croak? A. Paul Lynde: If you hold their little heads under water long enough. Q. If you’re going to make a parachute jump, at least how high should you be … Read more
Did Sallie learn anything from Freddie and Fannie?
If a home buyer walked into a bank and said, I have no money, I have no job, I have no intention of paying you back for 4 years and then you have no guarantee that I will have a job that will even place me in the position to pay you back, I may get a job and I may not… How many banks would give them a loan?
NAILTA Call to Action, Please give it some thought.
Family Abstract, a title insurance company that serves PA, NJ, MD and FL. continues to Support NAILTA in its opposition of HR 4323. Will you join our fight? Your company and / or profession may be next. Last month, we told you about an effort by the referral source lobby to exempt controlled business arrangements from certain provisions in the Dodd-Frank Act pertaining to qualified mortgages (QM), particularly with the definition of “points and fees”. Under the Act at present, “points and fees” includes fees paid to affiliated title companies. A QM under the Act may not have points and fees in excess of … Read more
Is The Notary Really a Notary, Really?
At Family Abstract, a Title insurance company that has been doing business in PA, NJ, MD and FL for over 10 years we rarely if ever hire a “Rent-a-clerk” to do any of our closings. There is the occasional “Middle of no-where” closing we are asked to attend, however 99 out of 100 we are sending our own settlement agents. We vet each candidate and pay close attention to hiring only the best, most qualified and truly licensed. A question came up; I am looking for your input. How many NO-Tories can we assume are running around states like PA … Read more
