Created by Grant or Reservation
The written documents used to create an easement between benefitting and burdened properties.
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Author: ft Editorial Staff
POLL: How many of your buyers take title to a property subject to an existing mortgage without a lender-approved assumption?
This week’s poll inquires on homebuyers’ taking title to existing mortgages.
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Fast rising mortgage rates chill real estate for all participants; Monthly Statistical Update (May 2022)
Mortgage interest rates leap, toppling buyers until prices drop; Lured by temporary price reports, new agents pour in during 2021; ARM use to rise with FRM rate jump
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Form-of-the-Week: Offer for Land Sales Contract and Land Sales Contract — All-Inclusive with Power of Sale — Forms 167 and 168
A seller hoping to locate a buyer during a tight mortgage market might consider using an alternative documentation for seller financing, the land sales contract.
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MLO Mentor: California Residential Mortgage Loan Act, Part II
This article continues our discussion in Part I of MLO licensing, origination and reporting under the California Residential Mortgage Loan Act (CRMLA).
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