C.L.U.E.® Home Sellers Disclosure Reports will no longer be available through CV Escrow or any other disclosure companies. LexisNexis®, the company that owns the C.L.U.E.® Report, has decided to discontinue the sale of the report through third party vendors such as California disclosure companies. Should a...
The CFPB is requiring that the owner’s policy be disclosed as “optional” due to the fact that unlike the lender’s policy which is required by most institutional lenders in the country, an owner’s title insurance policy is not a transactional requirement nationwide. This new descriptor was...
Starting October 3rd, there will be a new Closing Disclosure form, which will replace the Truth-in-Lending Act (TILA) disclosure and the HUD-1. Here's an example of what the last 17 days of your closing might look like after October 3rd. Please email us for more...
The purchase of a home is unlike almost any other transaction. Not only does a large amount of money have to exchange hands, but important legal documents need to be drawn up and exchanged as well to ensure the entire process is following every regulation...
CV Escrow is pleased to announce the opening of our new Rancho Mirage office. CV Escrow, Rancho Mirage has re-located to 71-703 Highway 111, Suite 1B, Rancho Mirage, California 92270. Our Rancho Mirage Escrow Officers David Lehmann and Belinda Chase each have more than 20 years experience serving...
When you’ve decided on the house that is “the” house for you and your family, you make what’s called a “good faith” deposit. This money goes into the agent’s “escrow account” until details of the purchase agreement have been solidified between the buyer and seller. ...
Wishing you a wonderful new year. May 2012 be your best year yet!...
The last few days before closing escrow can be a stressful time for homebuyers and sellers. However, there are a few things you can do to ensure a timely and smooth close. It’s important to review your final closing statement or HUD-1 statement a day or...
Personal landing pages are becoming all the rage for real estate professionals. Services like DooID.com allow you to launch your personal landing page in just a few minutes. Once it’s active, modern-day technology allows your personal landing page to be virtually maintenance-free, pulling content from...
If you are in the process of purchasing or selling your first home, the escrow process is something that might come across a foreign territory to you. It is definitely understandable, as the terminology and steps involved are often extremely detailed oriented and must be...