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Add You - Escrow From a California Homeowner's Perspective
At the start of May we warned of a huge price move coming in natural gas and as predicted prices exploded to the upside last week and this is only the start of the move.Natural Gas is a great long term investment, supply is simply out stripping demand and it’s an easy investment to understand and trade.Let’s look at this fantastic trade in more detail and how you can trade it with unlimited profit potential and limited risk.Seasonal demand – 14% Price rise last week!The demand for natural gas is seasonal and as the hot weather kicks in demand soars due to increased demand for air conditioning.Natural gas closed up 14% on the week. The contract rallied 7% on Thursday alone on expectations that the above-average temperatures forecast across much of the U.S. for the weekend which boosts consumption as consumers increase usage of air-
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price. Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purc
Here are three lessons about meetings that came from a walk through the forest.1) Giant SequoiasThese marvelous trees are a living example that some things take time.True, we need to work with a sense of urgency. We need to do more with less. We need to move faster than the speed of chaos.And we also need to be appropriate.Rushing through some issues can produce false solutions.For example, a group slams together an annual plan, only to find that the plan ignores real market conditions, organizational limitations, and individual support. The result is a document that no one uses.For example, a powerful group makes a decision without listening to other people's ideas. And then a bad situation becomes worse. In fact, sometimes the neglected side retaliates with such force that the original group loses status.Bet
Both Buyer and Seller deserve the assurance that no funds or property will change hands until all of the instructions in the Purchase Contract have been satisfied. The Realtor submits Buyers and Sellers signed documents and Buyer’s deposit money to be held by an independent neutral third party (Escrow). After the conditions agreed upon by both Buyer and Seller (in the Purchase Contract) are satisfied, Escrow then distributes the documents and the funds.
The escrow holder is an independent neutral third party; works for both the Buyer and the Seller, and is authorized to follow the specific written instructions provided by both parties. Escrow functions:
Receives and deposits (into escrow’s account) Buyer's initial deposit and prepares escrow package. Requests "demands" (pay-off statements) from existing lenders and/or lien holders. Obtains Seller's notarized signature on grant deed. Safeguards grant deed until all terms and conditions are met and Buyer’s remaining certified funds are on deposit. Orders title search and receives and distributes preliminary title report. Calculates prorations pertaining to property taxes, rents, insurance, interest, and other expenses as required.
Coordinates with Buyer's lender throughout the escrow process. Orders and processes Buyer's loan documents. Coordinates Buyer’s signing of loan documents and their return to Buyer’s lender. Receives Buyer's final down payment funds and coordinates funding with Buyer's lender.
Orders recordation of grant deed conveying title to Buyer and distributes all funds: pays-off existing loans; pays other required costs, such as termite completion, home protection policy; etc. Releases net proceeds to Seller.
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price.
Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purchase contract, such as licensed Termite Company and lender's appraiser.
Make any repairs agreed upon in purchase contract, or as required by local ordinance (water heater strapping, smoke detectors, etc.).
In order for your escrow to proceed smoothly, your Realtor’s job is to coordinate and oversee the above chain of events. Similar to dominos – each event must occur in a timely fashion. You need an experienced Realtor because delays in any of these events may result in the postponement of escrow’s scheduled closing date.
The Escrow Process
Both Buyer and Seller deserve the assurance that no funds or property will change hands until all of the instructions in the Purchase Contract have been satisfied. The Realtor submits Buyers and Sellers signed documents and Buyer’s deposit money to be held by an independent neutral third party (Escrow). After the conditions agreed upon by both Buyer and Seller (in the Purchase Contract) are satisfied, Escrow then distributes the documents and the funds.
The escrow holder is an independent neutral third party; works for both the Buyer and the Seller, and is authorized to follow the specific written instructions provided by both parties. Escrow functions:
Receives and deposits (into escrow’s account) Buyer's initial deposit and prepares escrow package. Requests "demands" (pay-off statements) from existing lenders and/or lien holders. Obtains Seller's notarized signature on grant deed. Safeguards grant deed until all terms and conditions are met and Buyer’s remaining certified funds are on deposit. Orders title search and receives and distributes preliminary title report. Calculates prorations pertaining to property taxes, rents, insurance, interest, and other expenses as required.
Coordinates with Buyer's lender throughout the escrow process. Orders and processes Buyer's loan documents. Coordinates Buyer’s signing of loan documents and their return to Buyer’s lender. Receives Buyer's final down payment funds and coordinates funding with Buyer's lender.
Orders recordation of grant deed conveying title to Buyer and distributes all funds: pays-off existing loans; pays other required costs, such as termite completion, home protection policy; etc. Releases net proceeds to Seller.
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price. Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purc
With search engine optimization (SEO) as one of the latest and greatest Internet marketing tools, there are many people who will try to cut corners by utilizing the technique in less that ethical ways. Here are a few of the DON’TS when it comes to SEO.The best technique for effective search engine optimization is to write an easy to read message and then find ways to appropriately include your keywords into the copy. Because keywords are the trigger to gaining a higher listing on a search engine, many people will do just the opposite when crafting their text, thus plugging the keyword into as many sentences as possible. The end-result is an objectionable message that runs the risk of being filtered as SPAM by the search engine.Have you ever had a site come up on a search engine only to find it was completely irrelevant to the subject you were searc
Orders recordation of grant deed conveying title to Buyer and distributes all funds: pays-off existing loans; pays other required costs, such as termite completion, home protection policy; etc. Releases net proceeds to Seller.
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price.
Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purchase contract, such as licensed Termite Company and lender's appraiser.
Make any repairs agreed upon in purchase contract, or as required by local ordinance (water heater strapping, smoke detectors, etc.).
In order for your escrow to proceed smoothly, your Realtor’s job is to coordinate and oversee the above chain of events. Similar to dominos – each event must occur in a timely fashion. You need an experienced Realtor because delays in any of these events may result in the postponement of escrow’s scheduled closing date.
The Escrow Process
Both Buyer and Seller deserve the assurance that no funds or property will change hands until all of the instructions in the Purchase Contract have been satisfied. The Realtor submits Buyers and Sellers signed documents and Buyer’s deposit money to be held by an independent neutral third party (Escrow). After the conditions agreed upon by both Buyer and Seller (in the Purchase Contract) are satisfied, Escrow then distributes the documents and the funds.
The escrow holder is an independent neutral third party; works for both the Buyer and the Seller, and is authorized to follow the specific written instructions provided by both parties. Escrow functions:
Receives and deposits (into escrow’s account) Buyer's initial deposit and prepares escrow package. Requests "demands" (pay-off statements) from existing lenders and/or lien holders. Obtains Seller's notarized signature on grant deed. Safeguards grant deed until all terms and conditions are met and Buyer’s remaining certified funds are on deposit. Orders title search and receives and distributes preliminary title report. Calculates prorations pertaining to property taxes, rents, insurance, interest, and other expenses as required.
Coordinates with Buyer's lender throughout the escrow process. Orders and processes Buyer's loan documents. Coordinates Buyer’s signing of loan documents and their return to Buyer’s lender. Receives Buyer's final down payment funds and coordinates funding with Buyer's lender.
Orders recordation of grant deed conveying title to Buyer and distributes all funds: pays-off existing loans; pays other required costs, such as termite completion, home protection policy; etc. Releases net proceeds to Seller.
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price. Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purc
No one looks forward to the day they need to tell a parent, or both parents, that it is probably time to stop driving. Even if their driving skills have become dull and dangerous, no one wants to tell an older person they should no longer drive, or that their driving abilities have reached a point that they are possibly putting themselves, and others, at risk when driving. No one wants to have to take that freedom away from them.However, confronting an older driver, whether the older driver is a parent, a grandparent, or even an aunt or uncle, always climbs near the top of the list of family concerns at some point, and older drivers do not always understand that their family members are simply concerned about their safety.One way to ease your family concerns about older drivers is to help prevent, or at least slow down, the deterioration of their dr
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purchase contract, such as licensed Termite Company and lender's appraiser.
Make any repairs agreed upon in purchase contract, or as required by local ordinance (water heater strapping, smoke detectors, etc.).
In order for your escrow to proceed smoothly, your Realtor’s job is to coordinate and oversee the above chain of events. Similar to dominos – each event must occur in a timely fashion. You need an experienced Realtor because delays in any of these events may result in the postponement of escrow’s scheduled closing date.
The Escrow Process
Both Buyer and Seller deserve the assurance that no funds or property will change hands until all of the instructions in the Purchase Contract have been satisfied. The Realtor submits Buyers and Sellers signed documents and Buyer’s deposit money to be held by an independent neutral third party (Escrow). After the conditions agreed upon by both Buyer and Seller (in the Purchase Contract) are satisfied, Escrow then distributes the documents and the funds.
The escrow holder is an independent neutral third party; works for both the Buyer and the Seller, and is authorized to follow the specific written instructions provided by both parties. Escrow functions:
Receives and deposits (into escrow’s account) Buyer's initial deposit and prepares escrow package. Requests "demands" (pay-off statements) from existing lenders and/or lien holders. Obtains Seller's notarized signature on grant deed. Safeguards grant deed until all terms and conditions are met and Buyer’s remaining certified funds are on deposit. Orders title search and receives and distributes preliminary title report. Calculates prorations pertaining to property taxes, rents, insurance, interest, and other expenses as required.
Coordinates with Buyer's lender throughout the escrow process. Orders and processes Buyer's loan documents. Coordinates Buyer’s signing of loan documents and their return to Buyer’s lender. Receives Buyer's final down payment funds and coordinates funding with Buyer's lender.
Orders recordation of grant deed conveying title to Buyer and distributes all funds: pays-off existing loans; pays other required costs, such as termite completion, home protection policy; etc. Releases net proceeds to Seller.
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price. Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purc
Even now, months after it happened, it surprises me when I think about it. No phone call. No heads up. No discussion. As I opened the email from a business associate, checking my messages from an airport lounge, I expected a routine update. Instead, I read a message severing our relationship.What startled me wasn't that this person decided it best to change a business situation. These things happen. It was how she informed me of her decision that brought the pain. You see, it's not just what you do that matters, it's how you do it.I discovered more about her in that instant than I had in the months we worked together. I learned she took the easy way over the right way; lacked relationship courage; and retreated from difficult encounters. Her intention was to severe the current working relationship, but in the process she also severed my respect. You s
The escrow holder is an independent neutral third party; works for both the Buyer and the Seller, and is authorized to follow the specific written instructions provided by both parties. Escrow functions:
Receives and deposits (into escrow’s account) Buyer's initial deposit and prepares escrow package. Requests "demands" (pay-off statements) from existing lenders and/or lien holders. Obtains Seller's notarized signature on grant deed. Safeguards grant deed until all terms and conditions are met and Buyer’s remaining certified funds are on deposit. Orders title search and receives and distributes preliminary title report. Calculates prorations pertaining to property taxes, rents, insurance, interest, and other expenses as required.
Coordinates with Buyer's lender throughout the escrow process. Orders and processes Buyer's loan documents. Coordinates Buyer’s signing of loan documents and their return to Buyer’s lender. Receives Buyer's final down payment funds and coordinates funding with Buyer's lender.
Orders recordation of grant deed conveying title to Buyer and distributes all funds: pays-off existing loans; pays other required costs, such as termite completion, home protection policy; etc. Releases net proceeds to Seller.
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price. Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purc
1. Assess – Evaluate your skills, interests and abilities. Understand the transferable value in the marketplace.2. Translate – Communicate your competencies and expertise through well-crafted oral and written strategies that include a quality resume, cover letter, professional statement and well-defined accomplishments.3. Target – Create a marketing plan that targets specific industries, markets and companies where mutual opportunities can be explored and optimum benefits realized.4. Research – Knowledge is power and power exudes confidence. By researching target companies, market conditions and industry concerns you can position yourself as an influential leader who can deliver results rather then an out-of- work professional who is looking for a job.5. Apply – Mange your activities and your time with a Project Plan that includes action
Simultaneously, the Buyer and the Buyer's lender are engaged with the loan approval process. Lender duties:
Orders a credit report and other credit documentation as required (mortgage ratings, landlord ratings). Reviews the Buyer's credit and when necessary obtains satisfactory explanations from the Buyer regarding any negative credit history. Verifies the Buyer's sources of income. Verifies that the Buyer has adequate liquid funds for down payment, closing costs, and reserves. Requests an appraisal of the property, and verifies that the property's value is equal to the contract sales price. Submits the loan to for final approval.
Coordinates delivery of the Buyer's loan documents to the escrow officer. And in the meantime... While the escrow officer, lender, and Buyer are diligently working, the Seller and the Listing Agent also have responsibilities:
Numerous disclosures required by law need to be made by the Seller and the Listing Agent and provided to the buyer.
Provide escrow officer information on existing loans to check against title search findings.
Make the home available for physical inspection and other trades people as required by the purchase contract, such as licensed Termite Company and lender's appraiser.
Make any repairs agreed upon in purchase contract, or as required by local ordinance (water heater strapping, smoke detectors, etc.).
In order for your escrow to proceed smoothly, your Realtor’s job is to coordinate and oversee the above chain of events. Similar to dominos – each event must occur in a timely fashion. You need an experienced Realtor because delays in any of these events may result in the postponement of escrow’s scheduled closing date.
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