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 [...]

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 [...]

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 [...]

This video tutorial is about how to obtain a more complete picture of recorded documents against a home that you may be interested in. We do this by searching by parcel ID vs. searching only for a specific document. This way you will not alienate potential recorded documents that may be of interest [...]

Please see our post on lender subordinations. Bank of America subordination checklist has changed a bit, so it is updated today.

November Refi closing schedule:
Last signing day is Tuesday,November 24th, for fundings on Nov. 30th. Borrower’s sign no later than November 24th for rescission period. Thanksgiving day does not count for rescission period nor does Sunday.

Here are some recent “zingers.”

Borrowers signed on the line next to the one provided.  (resulted in a re-sign)
Provide proof that the borrowers are not married.
Slight variance in borrower signature from others. (resulted in a re-sign)
Borrower to sign all doc’s in presence of a Notary (even those docs not requiring a Notary acknowledgment)
(Singe Borrower)  Please amend [...]

How to appeal your property taxes
In Snohomish County you must send in the petition to the Board of Equalization within 60 days of receiving your tax valuation change notice in the mail -OR- by July 1st, 2009, whichever occurs LATER.   Check the county you live in to verify if this is similar to your county [...]

Legacy Escrow continually adds value by providing subordination services as part of our complete escrow closing service.   This time saving task saves loan processors precious time, a real value in assisting loan officers in creating smooth transactions and closing on-time!
Subordination Checklist from various lenders:
This is a brief list of some of the more common lenders [...]