Category: Real Estate Fraud and Litigation Involving Real Estate Closings, Closing Protection Letters, and Title Insurance Industry Standard Practices and Procedures TASA ID: 322 In the mortgage origination frenzy of the last few years, many problems occurred in the closing of loans that never should have been closed. The mortgage banking and mortgage lending industries rely upon the expertise of title insurance companies to make sure that mortgage loan closings are carried out properly... Read more
Category: Real Estate Sales and Listing Market Trends in San Diego TASA ID: 3250 On the local front, the underlying fundamentals for a strong housing (price) recovery have been in progress for the last 15-18 months. The pricing and velocity of home sales from the sell side most strongly relate to the simple economic equilibrium of supply and demand. The second variable that is of great importance is the employment situation. Fortunately, this is an area where San Diego is well ahead of the curve. Read more
Category: Real Estate Mortgage Rate Correlations and Direction TASA ID: 3250 When mortgage rates dropped into the sub-7.0% territory in 2000, pundits gasped at this temporary anomaly. Ten years later, it is apparent that the residential lending rates have changed to a more stabilized lower rate. Read more
Category: Real Estate Duties in Disclosure of Defects in Single Family Residences in Texas TASA ID: 796 The State of Texas requires disclosure of known defects be made to potential purchasers of single family homes by both real estate agents and sellers. A real estate licensee's duty to disclose defects is found in the Texas Occupations Code, Chapter 1100, also known as the Real Estate License Act. Read more
Category: Financial/Economic, Real Estate Trading Prudence for Profit TASA ID: 2763 I have been reading and listening to a great many commentaries about the state of the economy, the mortgage industry, the reasons for the problems and the wide range of suggested solutions. Read more
