mortgage | firsttuesday Journal

BPO series: Deeds, covenants and agreements

by ft Editorial Staff | May 8, 2025 | Feature Articles, Real Estate, Your Practice | 0

Here is the fourth post in our series drawing on appraisal concepts from our unpublished...

California tiered home pricing

by ft Editorial Staff | Apr 25, 2025 | Bay Area, Charts, first tuesday Local, Los Angeles-Santa Barbara-Ventura, Mortgages, Real Estate, San Diego | 30

Home prices falter across the metropolitan areas of California at the end of 2024.

Form-of-the-Week: Personal Property Inventory, and Security Agreement For Note Secured by Personal Property — Forms 256 and 436

by Amy Platero | Jan 5, 2024 | Finance, Forms, Mortgages, Real Estate | 0

These forms are used by a seller’s agent or escrow officer when preparing a purchase agreement or counteroffer for a real estate transaction when the transfer of personal property is included and when on a carryback sale the price includes the transfer of personal property which together with the property sold will be security for the carryback note, to grant the seller a security interest in the personal property.

May a second trust deed note holder on a call of a recourse note now unsecured due to foreclosure by the senior note holder, judicially collect the payment due on the call when monthly note payments are more than four years delinquent?

by David Swistock | Dec 7, 2023 | Finance, Laws and Regulations, Loan Products, Mortgages, Real Estate | 0

Piedmont Capital Management, LLC. v. McElfish

Form-of-the-Week: Agreement to Modify a Promissory Note, and Modification of the Promissory Note — Forms 426 and 425

by Amy Platero | Dec 7, 2023 | Finance, Forms, Loan Products, Mortgages, Real Estate | 0

These forms are used by a holder of a mortgage, their servicing agent or broker when arranging the modification of the mortgage note, to set forth the terms sought in the modification effort, to evidence the modification of the original note and state the change in terms of the note.