In short, the first thing you want to do is identify what the underwriter is needing to clear this objection. Next, hire an attorney to help you do some research and clarify the mistake. And third, have your attorney send a Title Objections letter to the Title Company so you can get the clear to close.
Mike Golebiowski’s Post
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I was in the Surety Industry for a number of years. I have to mention something no other news outlet is outlining in qualifications for obtaining his appeal surety bond. There are a number of these factors fall under what the Surety industry calls “The Three C's”; Character, Capacity, and Capital. All three of these are important to the underwriting process. The principal needs to exhibit the Character, Capacity, and Capital to qualify for surety credit. Well these 3 Cs are not present in the ability for Trump to qualify for a surety appeal bond.
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Co-Owner at Companion Title LLC | Expert in Title Insurance & Real Estate Transactions | Driving Business Growth for Real Estate Agents | Director of Business Development at Nalls Davis
Real estate deals that settle on basic protection are DEAD. Here's what to do instead. Elevate your game by arming your transactions with the clauses our top attorneys swear by. 1️⃣ Due Diligence Period: Your investigative window to ensure the property matches its claims. 2️⃣ Financing Contingency: Protects you if financing falls through, offering a financial escape route. 3️⃣ Title Insurance Requirement: Guards against hidden claims and legal issues, securing your ownership. 4️⃣ Home Inspection Clause: Ensures the property's condition is thoroughly checked, safeguarding your investment. 5️⃣ Appraisal Clause: Verifies the property's value, ensuring you pay a fair price. 6️⃣ Closing Cost Allocation: Clearly outlines who pays which closing costs, preventing last-minute financial surprises. Arm yourself with contracts that don't just survive the market—they dominate it. Nalls Davis is your go to for must-have protections. #RealEstateLaw #RealEstateContracts
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Westfield is always ready to assist with your transactional, account, and program #suretybond needs. There are many types of commercial #suretybonds that protect businesses—court bonds, probate bonds, permit bonds, and more. But which is right for you? Understanding the building blocks of surety coverage is important to be properly protected. Don’t worry. Our experience is not only in bonds and buildings, but also listening and learning. Read more about how Westfield can help understand your unique needs and customize the right plan for you. https://wf.insure/3tqTTg0
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We will jump on a call to discuss details or questions on a deal, but sometimes an email accurately stating what the question or clarification needed works best. Crazy how you will get off these types of calls where something gets explained but then an underwriter needs to see it in writing as well—leading one to ask “What was the point of that call?”
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*Title Sales/Business Development* Results driven Sales Executive with 20+ years experience in the California Real Estate Market.
Agents, heads up!🚨 Not everything shows up on property profiles or title reports. Quick tip: Have your client fill out a Statement of Information and turn it in to title, ⭐ before escrow opens ⭐ to catch what might be missed. ☝️Especially if the client mentions potential liens or lawsuits. 🏠✍️ #realestate #titleinsurance #propertyprofiles #listings #statementofinformation #lawsuits
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Licensed Realtor at BHGRE Gary Greene Real Estate, RENE (Real Estate Negotiation Expert)
What Does An Underwriter Do?
What Does An Underwriter Do?
homevalueplus.info
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Follow these tips to get your deal funded faster: 1. Provide all documentation required on our document checklist 2. If this deal has a rush closing, please advise underwriter 3. Provide us with a summary of your deal so we can understand the exit strategy 4. Disclose if the client has judgements, liens, CRA debts, etc. Contact us at anytime to learn more! admin@ecpl.ca #DealFunding #DocumentChecklist #RushClosing #UnderwriterAdvice #ExitStrategy #FinancialDisclosure #ClientJudgements #BusinessFunding
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Follow these tips to get your deal funded faster: 1. Provide all documentation required on our document checklist 2. If this deal has a rush closing, please advise underwriter 3. Provide us with a summary of your deal so we can understand the exit strategy 4. Disclose if the client has judgements, liens, CRA debts, etc. Contact us at anytime to learn more! admin@ecpl.ca #DealFunding #DocumentChecklist #RushClosing #UnderwriterAdvice #ExitStrategy #FinancialDisclosure #ClientJudgements #BusinessFunding
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Follow these tips to get your deal funded faster: 1. Provide all documentation required on our document checklist 2. If this deal has a rush closing, please advise underwriter 3. Provide us with a summary of your deal so we can understand the exit strategy 4. Disclose if the client has judgements, liens, CRA debts, etc. Contact us at anytime to learn more! admin@ecpl.ca #DealFunding #DocumentChecklist #RushClosing #UnderwriterAdvice #ExitStrategy #FinancialDisclosure #ClientJudgements #BusinessFunding
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Our underwriting process is simple and efficient! 🕐👍 It usually starts with a quick Zoom chat with you, followed by a property survey. 🏠 We prioritise speed, but the overall timeline also depends on how fast your and the vendor's solicitors act. On average, it takes about 4 weeks to finalize everything. Remember, each property deal is unique and some factors are beyond our control. The key? Everyone needs to be ready to act swiftly! 🚀 #PropertyFinance #RealEstate #UnderwritingProcess
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