As previously stated, with numerous Commercial and Industrial properties in foreclosure and default, in the State of Georgia, there are a great number of title issues that must be cleared prior to the subsequent resale or re-finance of these properties. Some of these issues will result in title insurance claims and following is the third [...]
As previously stated, with thousands of Commercial and Industrial properties in foreclosure and default, in the State of Georgia, there are a tremendous number of title issues that must be cleared prior to the subsequent resale or re-finance of these properties. Some of these issues will result in title insurance claims and following is the [...]
With thousands of Commercial and Industrial properties in default and foreclosure in the State of Georgia, there are a tremendous number of title issues that must be cleared prior to the subsequent resale, or re-finance of these properties. Some of these issues will result in title insurance claims and following is the most common error [...]
The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being from the FDIC. The e-mails appear to be sent from various “@fdic.gov” e-mail addresses, such as “subscriptions@fdic.gov,” or “alert@fdic.gov”. They have subject lines that read: “FDIC: Your business account” or “FDIC: About Your Business Account.” The [...]
Closing Once all the terms and conditions of the instructions of both parties have been fulfilled, and all closing conditions satisfied, the escrow is closed and the safe and accurate transfer of property and money has been accomplished. Division of Charges The method of dividing the charges for the services performed through the settlement process [...]
Settlement Agents work from specific instructions provided by buyer and seller. Throughout the country, the settlement process differs, but the role of the settlement agent remains the same. Depending on local custom, the escrow settlement agent may work from the purchase and sale agreement and any loan escrow instructions provided, and/or separate escrow instructions prepared [...]
The short answer is either a reputable title insurance company, or an Attorney, specializing in Commercial and Industrial Real Estate and title related services. Paxin Closing and Escrow, LLC provides professional services tailored to all buyer and seller needs, as they relate to the purchase and sale of Commercial and Industrial Real Estate. An [...]
An escrow is an arrangement in which a disinterested third party, called an escrow holder or settlement agent, holds legal documents and funds, for Commercial and Industrial properties, on behalf of a buyer and seller, and distributes them according to the buyer’s and seller’s instructions. Entities buying and selling Commercial and Industrial real estate often [...]
Settlement Agents work from specific instructions provided by buyer and seller. Throughout the country the settlement process differs, but the role of the settlement agent remains the same. Depending on local custom, the escrow settlement agent may work from the purchase and sale agreement and any loan escrow instructions provided and/or separate escrow instructions prepared [...]
A commercial escrow is one that involves the transfer or encumbrance of property other than residential, such as office, research, retail and industrial properties. Paxin Closing and Escrow, LLC recognizes that there is no such thing as an easy commercial transaction. Each transaction is unique and the main role of the settlement agent becomes that [...]