---

Table Funding

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
charlesremley Joined: 12 Jan 2009 Posts: 1 1.27 Dollars($)	Posted: Mon Jan 12, 2009 4:26 pm    Post subject: Table Funding Like 0 Dislike 0 Why is table funding not done in California
Niicss Joined: 03 Oct 2005 Posts: 4834 Location: New Jersey 508.88 Dollars($)	Posted: Tue Jan 13, 2009 3:00 am    Post subject: Like 0 Dislike 0 Hi charlesremley, California is not a wet funding state and table funding is applicable in states which has Wet Settlement laws. According to the Wet Settlement laws, the lending banks are required to pay out the funds within a period of time (within 2 days of closing). Thanks.
charles remley Guest	Posted: Tue Jan 13, 2009 8:54 am    Post subject: Table Funding Like 0 Dislike 0 Thank you for that answer, I appreciate it.
Mr Mortgage Guest	Posted: Sat Sep 11, 2010 3:48 pm    Post subject: Like 0 Dislike 0 It's because California makes everything more complicated. It is an escrow state meaning that the average Joe can open an escrow company. In table funding states attorneys do title and escrow. Therefore they are responsible for the funding and making sure that the deed of trust ( mortgage ) records.

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0