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The Importance of using a Reputable, Respected & Trusted Title & Escrow Company

Posted on Apr 15, 2011 by in Active Rain | 0 comments

The Importance of using a Reputable, Respected & Trusted Title & Escrow Company

The Importance of using a Reputable Respected & Trusted Title & Escrow Company has become more important than ever. It made me think how critical a Trustworthy Escrow & Title Co. is in our everyday transactions.

As I was reading The FBI’s (Federal Bureau of Investigation’s) Baltimore press- release dated April 08, 2011. I was just floored by the headline:  “Title Company Owner Pleads Guilty to Wire Fraud in Connection with Mortgage Scheme Involving Losses of Over $2.2 Million Was a Fugitive for Almost a Year”.

Wow now that is a headline which says it all.

 Daniel E. Fink, Jr. age 44 operated Homemaxx Title & Escrow LLC (Homemaxx) in the Middle River and Parkville Maryland area. Fink was defrauding lenders during the period of 2003 to 2004, some of these actions involved not disbursing funds and improperly transferring substantial amounts of money for personal expenditures.

All I can say is Wow, so all those Agents who want to make “the deal” and do not insist on a Reputable, well known Title & Escrow Co. be warned you are potentially risking your client’s money.

If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations

 

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