Quote:
Originally Posted by wgrr
I am refinancing right now, It helps a lot when your wife represent abstract and title companies.
Another thing I am sure most folks are not aware of is that Wal-Mart through Arvest is buying up title and abstract companies all over this country. The other thing is banks are keeping everything in house. This would have been illegal in 1998. I don't even know why we bother calling them banks anymore.
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Bought two houses in Canada, never heard of or ever saw a title company, AFAIK they do not exist up north. Mortgage stays with the bank as a 5/25 deal, 25 year life span, interest re-negotiated every 5 years, thends to keep the rate lower. Oh yeah, one signature on one piece of paper, whole document about 6 pages long.
I guess the system here explains something I saw driving across the northern U.S. I saw a sign stating "Entering the NNNN National Forest". We saw exactly one tree.
