Escrow

Ted Answers Trulia Voices

• My Broker is telling me that I have to pay the escrow deposit NOW, even though the Short Sale Agreem. states otherwise. What to do? August 25, 2010
  Answer by Ted Mackel: Contraclaustro13, Great Question, this requires a pretty detailed answer. I created a Video Screencast with the California Short Sale Addendum for you. It may answer some of your questions. Link to video answer: http://bit.ly/aDrVop If the agent used the Short Sale Addendum (and they should have), then if the box under B.2 was checked t […]
• Is there a way to search properties sold by cash? July 26, 2010
  Answer by Ted Mackel: Gil, I do it all the time. In Rapattoni I do a quick search for all of Simi Valley solds between the time frames I am looking at. I export the report out as a CSV file with the export function and open the report in Excel - well numbers on my MAC. You can uses the data base function to sort the report far better than Rapattoni. Two thin […]
• Can you give me directions to this location? July 25, 2010
  Answer by Ted Mackel: The listing says it expired in April and was a Short Sale. ForeclosureRadar says is was foreclosed on in February so we have two conflicting records. It is an IndyMac loan. Are you having trouble with mapquest or Google maps? […]
• Question removed July 21, 2010
  Answer by Ted Mackel: Homebuyer, This is an interesting question. One thought may be that since the fire hydrant is visible that disclosure of vehicle code is probably not a responsibility of the seller. Now if the house was near a school and every morning and afternoon when parents dropped off their children, the parking in front of the house was impacted, […]
• I have been under the protection of bankruptcy. I have been making my mortgage payments for the past 8 months in full and I have been in July 9, 2010
  Answer by Ted Mackel: Help, I recently had to sign a court document the verify the BPO I did on a property that was later subject to a BK. The document from the BK Court was "Declaration of Ted Mackel in Support of Wells Fargo, N.A.'s Motion for Relief From the Automatic Stay". The reason why I was asked for the Declaration, was so the lender […]