NLIC.org

Joanne Said:

Can I get a car title switched to my name if its loan is in repayment?

We Answered:

I'm pretty sure since it's not paid off, you have to get your own loan to get the title transferred. It'd be a different story if it were paid off. But I don't think the car has to be in your name for you to get your own insurance for it. Try calling a local bank or insurance company and ask them, they'll probably be able to help you out.

Christy Said:

lien on a home! have title insurace... help!?

We Answered:

Well, it should pay off that old lein against the house. They should have found that at the closing!!

You shoudn't need a lawyer at this state. Call the title insurance company, and tell them you need to file a claim.

Jaime Said:

When refinancing my home what fee's should I look to avoid?

We Answered:

Use a bank and there won't be a mortgage broker's fee.

You will probably have these fees: appraisal, title insurance (this could be broken into a bunch of fees like attorney's fee, document fees, abstract fees, notary fees, fedex fees), flood certification, and a survey. Texas generally requires a survey.

What you want to avoid are application fees, processing fees, doc prep fees from the lender...most of the lender's fees in fact are baloney. If you're buying down the rate, look for a discount fee or points. If you're paying points, be sure you're getting a loan discount for it. That's what points are for...to lower the rate on your loan.

Some lenders charge application fees which will be applied to the closing costs. This is to avoid holding the bag for vendor services when the borrower changes his mind.

Origination fees are valid, but you can find a lender who doesn't ask for one, and his rates are probably competitive with other lenders.

Erik Said:

Can a person walk away from their mortgage free and clear if an error was made in the spelling of their name?

We Answered:

No.

and-


Foreclosure.com (look for GA.)

Sam Said:

Can I sue a title company for not doing their job?

We Answered:

You can file suit for anything, on anyone, for any reason. The question is: what are you trying to gain, and what did you lose? If the title insurance was required by your mortgage lender, then you would have paid it with/without knowing that there was an issue. The insurance assumed that risk and took it away from you. The title insurance company would more likely be the entity to bring a suit against whoever didn't close the prior mortgages correctly.

So what are you are entitled to? My suggestion would be to talk to an attorney who specialize in title law, have the facts at hand and follow their direction.