The ALTA Board of Governors voted to withdraw and de-certify the use of the ALT 21endorsement form. It removes creditors rights issues from certain title insurance policies. See Tough Times for Lenders
Posted via web from Title Insurance Special Assessments are not uncommon when major storms hit; therefore, make sure when you are purchasing a property that is a CONDO or a PUD (Homeowners’ Association) that you speak directly with the association manager the day of closing if not at the time of closing (start calling the day before) and get in writing any outstanding dues and in particular, ask when the next meeting is to occurr and if any special assessments have already been voted upon. Major Expenses can Result in Special Assessements by Associations.
Continuing Ed for Title Agents
Major Expenses can Result in Special Assessements by Associations
Becky Brock’s Real Estate Blog » Blog Archive » Questions & Answers regarding the $8,000 tax credit for first-time home buyers