One of the common documents a borrower may encounter in escrow is the “Notice of Right to Cancel.” This document is also referred to as the “rescission document” or the “3-day Notice of Cancellation.” This notice will be found in the loan...
Each petal on the shamrock brings a wish your way - For good health, good luck, and much happiness Today and every day. ~ Author Unknown We are lucky to have such a loyal following on the Coachella Valley Escrow blog. We thank you for your continued readership...
Several new laws affecting the real estate industry became effective this year. In a previous post, we discussed SB 1149: Foreclosure Protection for Tenants, where a landlord is prohibited from harming a tenant’s credit score by revealing unlawful detainer records, unless the landlord prevails in...
Several new laws affecting the real estate industry became effective this year. In a previous post, we discussed SB 931: Short Sale Deficiency Protection for Sellers, in which lenders who have agreed to a short sale will not have the ability to obtain a deficiency...
CV Escrow is pleased to announce the opening of our new office in Rancho Mirage, California. Since opening our doors in October 2005, CV Escrow has expanded throughout the Coachella Valley, and remains committed to providing outstanding escrow services as we open our fourth location. CV Escrow’s...
When purchasing a home, lenders will require home buyers to purchase Private Mortgage Insurance on FHA loans because their down payment is less than 20% of the value of their new home. This insurance allows borrowers with less cash to purchase a home with smaller...