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USAA Subordination Guidelines
If you would like the Subordination Guidelines for USAA Federal Savings Bank AND the property is located WITHIN Washington State, please request the information here. If the subject property is located OUTSIDE of Washington State, please order your subordination here. As always, if you close your transaction through Legacy Escrow in Washington State, the subordination (including preparing the Subordination... [Read more]
Music Video: Third Day’s “Slow Down” with Daughtry
The process of “Serving” in action: testimonials say it all.
Bankruptcy Records in Washington State: have a borrower with a history? We can help.
As a loan officer or real estate professional you may have a client who has had a former bankruptcy history that was filed in Washington State. Some title companies will not go the extra mile to assist you in obtaining any records from the Western Washington district court system (Seattle and Tacoma). Legacy Escrow has online access to court records in this regard and would be happy to provide... [Read more]
Welcome: The Lending Company
Over the past year or two loan officers from various corners of the USA have been calling on Legacy Escrow Service, Inc. and utilizing our services for providing subordinations as part of our complete escrow closing program. The most recent lender, The Lending Company from Arizona contacted us due to our experience in subordinations for their closings in Washington State. While competitors try... [Read more]
Homebuyer Tax Credit: Settlement Statement Requirement
We have received numerous phone calls and e-mail requests asking for a HUD-1 Settlement Statement signed by the buyers and sellers. In Washington State, signatures on the Final HUD-1 Settlement Statement are not required and is not common practice. The IRS guideline states: If you claim the credit on a 2009 (or later) return, you must attach a copy of your settlement statement. For most homebuyers,... [Read more]
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