January 18, 2017Published by Ellen Wied on January 18, 2017Categories Underwriting Q & A'sQ & A | When a Texas licensed broker receives earnest money, how long does the broker have to deposit the funds into a trust account or deliver the funds to an escrow agent?Q: When a Texas licensed broker receives earnest money, how long does the broker have to deposit the funds into a trust account or deliver the […]
December 14, 2016Published by David Hays on December 14, 2016Categories Underwriting Q & A'sUnderwriting Q & A | How Do I Handle Overtime Now?Below is an excerpt of a recent article regarding the recent nationwide injunction affecting employers across the country issued by U.S. District Judge Amos L. Mazzant. […]
November 16, 2016Published by Underwriting Department on November 16, 2016Categories Underwriting Q & A'sUnderwriting Q & A | May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”?Q: May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”? A: Short Answer is […]
October 19, 2016Published by Underwriting Department on October 19, 2016Categories Underwriting Q & A'sUnderwriting Q & A | When should the term “pro forma” be used in connection with the name of a party on a real estate document?Q: When should the term “pro forma” be used in connection with the name of a party on a real estate document? A: The term “pro […]
June 15, 2016Published by NolaAnn Waggoner on June 15, 2016Categories Underwriting Q & A'sUnderwriting Q&A | What is an Apostille?Q: What is an Apostille? A: An Apostille is a certificate issued by a designated authority in a country which is a member of the Hague […]
March 16, 2016Published by NolaAnn Waggoner on March 16, 2016Categories Underwriting Q & A'sQ & A | Regarding FIRPTA, is a title agent required to complete the IRS forms and determine the amount to be withheld when a foreign person is selling property?Q: Regarding FIRPTA, is a title agent required to complete the IRS forms and determine the amount to be withheld when a foreign person is selling […]
February 17, 2016Published by David Hays on February 17, 2016Categories Underwriting Q & A'sQ & A | Can we insure a sale transaction where seller acquired title by a tax foreclosure deed?Q: Can we insure a sale transaction where seller acquired title by a tax foreclosure deed? A: Yes, FNTI will insure a subsequent sale by a […]
December 16, 2015Published by David Hays on December 16, 2015Categories Underwriting Q & A'sQ & A | ATTENTION ALL NOTARIES!! NEW LAWS!! Did you know that there is a new law that affects your ability to acknowledge documents?Q: ATTENTION ALL NOTARIES! NEW LAWS! Did you know that there is a new law that affects your ability to acknowledge documents? A: You do now. […]
September 16, 2015Published by NolaAnn Waggoner on September 16, 2015Categories Underwriting Q & A'sQ & A | Does a spouse have to sign the warranty deed or the deed of trust if they don’t own the property?Q: Does a spouse have to sign the warranty deed or the deed of trust if they don’t own the property? A: This is a very […]