Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



Settlement Cost. - Wyatt Bell/FL
7/20/2011 1:42:12 PM (3393 views)

[+] Embedded Images: Watermarks on Copies - William Pattison /CA (5 replies)
7/20/2011 12:35:52 PM (2923 views)

[+] Prestige Title Specialists INFO - Kym/NJ (3 replies)
7/18/2011 1:24:27 PM (4887 views)

[+] Unbelievable! - Celia Franklin/GA (6 replies)
7/18/2011 9:13:15 AM (3389 views)

[+] Updates when you didn't do orig. order - Alix Ott/MI (10 replies)
7/18/2011 8:58:42 AM (3328 views)




[-] VA loans and fees charged by title agents - CHARLENE  PERRY/MD (3 replies)
7/16/2011 2:32:38 PM (3088 views)
Re: VA loans and fees charged by title agents - Robert Philo/TX
7/18/2011 10:47:58 AM (4110 views)

Charlene,

I have already been interviewed on this subject.  I agree with your position as long as no state law or rule specifically prohibits such action.  For one thing, the discount or incentive is going directly to a consumer as opposed to someone who is in a position to refer settlement business (other than their personal business).  To the extent that the veteran is prohibited from paying  the fee himself or herself by VA regulations, the seller pays those fees and includes them when determining whether or not to accept the buyers offer.  In other words, the price paid by the veteran when purchasing a home includes the estimated settlement fees that will be paid by the seller at closing.  If those fees are reduced, the seller can and likely will take the reduction (if they are even aware of it) into consideration when determining the ultimate sales price they are willing to accept.  Thus, the veteran benefits from the reduction even though he or she does not pay the fee at closing.

Good luck with your interview!

Bob Philo  

to post a reply: login - or - register


Re: VA loans and fees charged by title agents - CHARLENE  PERRY/MD
7/19/2011 3:37:06 PM (4103 views)
Re: VA loans and fees charged by title agents - Robert Franco/OH
7/20/2011 8:55:58 AM (4002 views)

[+] Houses Made of Sticks & Stones - Leigh Attridge/MA (1 reply)
7/15/2011 6:49:50 AM (4002 views)

[+] Comment on "ALTA: More Transparency Needed in Mortgage Disclosures" - Source of Title/OH (1 reply)
7/14/2011 2:28:54 PM (3097 views)

[+] INFIOSYS, LLC - Amy Haynes/KY (29 replies)
7/13/2011 1:37:58 PM (3669 views)

Failed Bank - Kansas - 1936 - colorized version - Leigh Attridge/MA
7/13/2011 9:45:56 AM (3749 views)

Packard Fire Squad ca 1911 - colorized version - Leigh Attridge/MA
7/13/2011 9:02:49 AM (3368 views)

Atlantic City, NJ ca 1912 - colorized version - Leigh Attridge/MA
7/13/2011 8:58:46 AM (3291 views)

Steeplechase Park (Coney Island) ca 1904 - colorized version - Leigh Attridge/MA
7/13/2011 8:55:45 AM (3364 views)

Downtown Atlanta 1864 - colorized version - Leigh Attridge/MA
7/13/2011 8:51:03 AM (3438 views)

[+] Example of a Professional - K C/NJ (6 replies)
7/12/2011 5:38:53 PM (3564 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8961 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Attor­ney Gen­er­al Ken Pax­ton Pro­pos­es Rules to Stop Des­ig­nat­ed For­eign Adver­saries, Includ­ing Chi­na, from Own­ing Texas Land
Under these rules, individuals and entities involved in facilitating real estate transactions such as a mortgage lender,...
Statement of Owen Lee, 2026 MBA Chair-Elect and CEO at Success Mortgage Partners, Inc., on VA Home Lending Before the Committee on Veterans' Affairs Subcommittee on Economic Opportunity
Owen Lee, 2026 MBA Chair-Elect and CEO at Success Mortgage Partners, Inc., testified today at a legislative hearing befo...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“The threat of higher-for-longer oil prices continued to keep Treasury yields elevated, and mortgage rates finishe...
NAHB's New Resource Shares Tools for Successful Leadership
“This new title from BuilderBooks is a valuable resource for anyone who wants to improve their leadership skills,&...
MISMO Advances Title and Closing Modernization with Publication of Two New ALTA Dataset Standards
“These new datasets represent the strength of the partnership between ALTA and MISMO and our shared commitment to ...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.