Paxin Closing and Escrow, LLC maintains escrow and title divisions, in the State of Georgia, that specialize in serving the needs of our developers, builders and lenders of new communities. We provide high quality title services and escrow coordination for high volumes of transactions that exceed the inherent needs of the real estate professionals [...]
It all begins after the principals (buyer and seller) have signed the purchase and sale agreement. A good faith deposit is generally placed with the escrow agent, simultaneously with approval and execution of the escrow instructions. An owner’s title insurance commitment is issued in favor of the purchaser. In addition to issuing an owner’s [...]
As a Commercial and Industrial real estate lender, protection of the collateral for your loans is of utmost importance to you, especially when you are making multi-million dollar loans on commercial shopping centers, and the like. Paxin Closing and Escrow, LLC, has a variety of products, each designed to respond to a specific need. More [...]
When the word “escrow” is mentioned, most people think in terms of a real estate transaction. In fact, there are several other types of transactions for which Paxin Closing and Escrow, LLC is able to provide escrow services. Transactions involving a bulk sale or aggregate tax escrows are some of these. Paxin Closing and Escrow, [...]
Paxin Closing and Escrow, LLC, offers you experienced Escrow Settlement agents who are well trained in Commercial and/or Industrial real estate closing procedures and the issuance of title insurance commitments and policies. We act as an objective third party who follows the instructions of the parties involved. Our wealth of technical experience and knowledge of [...]
In our practice, we help clients with all types of Commercial, Industrial, Agricultural real estate matters. While some consider only consulting with a general practice lawyer, when problems occur, an experienced Commercial Real Estate Lawyer will work with his or her clients to prevent problems from occurring. Commercial real estate lawyers provide a valuable service [...]
Defects in the witnessing and attestation of signatures to recorded instruments continue to cause problems for title insurance underwriters. Last month the Georgia Supreme Court issued its decision in the case of U.S. Bank National Association v. Gordon, interpreting O.C.G.A 44-14-33 as it applies to the effect of a recorded security deed which fails to [...]
Recently the real estate industry has experienced an epidemic of lenders who are unable to fund loans. We have seen dozens of instances in which settlement agents have disbursed funds in reliance upon a lender’s check or wire, only to have that check or wire be dishonored. The shortage created in the settlement agent’s escrow [...]
Commercial and/or Industrial Real estate has traditionally been an entities most valuable asset. It is a form of wealth that is protected by many laws. These laws have been enacted to protect an entities’ ownership of real estate and the improvements located thereon. Owning entities have rights or claims in and to the property that [...]
Foreclosures have occurred in staggering numbers. Title Companies have been inundated with claims, related to improper foreclosures. Below are the new guidelines, for insuring properties, coming out of foreclosure. Subject: Georgia Agents of First American Title Insurance Company Underwriting Department November 18, 2010 GA‐139 Update on Underwriting Guidelines for Foreclosed Property Transactions [...]