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When You Need Title Insurance, Get It From The Best Title Insurance Company..
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Mimi Korn
Regional Title Executive Garden State Abstract Company
Cell: 973-220-0209
Fax: 973-228-5094
Email:
MimiStuart@aol.com
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If you need to get pre-approved for a mortgage, I recommend you contact...
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Edward A. Lepore
Home Mortgage Consultant
Wells Fargo Home Mortgage
Red Bank, NJ
Office: 732-933-5652
Cell: 732-500-6764
Fax: 732-933-8319
Email: Edward.Lepore @WellsFargo.com
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Summit, New Providence, Berkeley Heights, Chatham, Madison and Short Hills Information:
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Titles >Liens Against the Title
Occasionally homeowners who are trying to sell their home are surprised to learn that their title is encumbered by a lien. There are several types of liens; the most common are mechanic's or contractor's liens.
The lien (or debt) must be paid off in order to be cleared. If the owner prefers to challenge the lien, he can release it by posting a bond, pending adjudication. In some types of liens, a title search may disclose claims against the property by an ex-spouse or long-ago heir of a former owner. A simple "quitclaim" deed may be used in these cases. By signing the deed, the person involved signs over whatever rights he or she might have, without laying any claim to the property.
Most real estate transactions involve at least some minor unresolved issues on the part of either the buyer or the seller. This is where an experienced real estate agent can provide solutions to resolve the issues and conclude the sale.
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| Q |
Who is "Freddie Mac", and why is he a big name in real estate?
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"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans. |
See More Real Estate Trivia > |
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Rosaleen Light-Newby Re/Max Achievers 315 Springfield Avenue Summit, NJ. 07901 Mobile Phone: 908-510-0861 Business: 908-522-9444 ext 103 Residence: 973-665-9280 Fax: 973-695-1666 Email: Rosaleen@NUMBER1EXPERT.com Email: rosaleenlight@comcast.net
Let Rosaleen be your guide through Summit, Berkeley Heights, New Providence, Chatham, Madison, Short Hills, Basking Ridge, Warren, Watchung & surrounding towns. Rosaleen has been a successful realtor with over 30 years of experience, America's #1 Expert. When asked what is the most important to her in real estate, she stated "the ability to listen", "flexibility", "strive for excellence", "integrity" & "trust". Isn't this what we are all looking for? A person who represents old fashion service with the state of the art technology. 
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