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Meet Bob Green and the Penmar Team The Penmar Team started in 1980 when interest rates were 19%. New ways were needed then to help clients. When California lost much of its population at the end of the Cold War in the early Nineties, the Penmar Team again found ways to come up with solutions. The Penmar Team is again helping the folks in the cities of Carson, Torrance, Lomita, and surrounding communities not only buy and sell their properties, but rent them out, freely advise in obtaining loan modifications, orchestrate short sales, and use other means to solve real estate problems and protecting their credit.
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The people who do title searches have an extremely important job. They must ensure that the sellers really own the property being sold and that all liens against the property are being paid off as a result of the sale.
If the seller has had financial difficulties, for instance, and didn't pay his bills, there may be judgments that must be satisfied on or before the closing. Someone in addition to the party who signed the sales agreement may have an interest in the property. If so, it will be necessary for that person to sign the sales agreement and the deed that transfers ownership to the new buyer. The preliminary title report will also show any easements that run with the property. The Title Company will go back many years, examining what is called the "chain of title". If you learn that the property you are buying has title problems, don't panic. Most of them are resolved easily and in plenty of time to avoid delays in the closing.
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What tropical haven is back in vogue, attracting celebrities like Cher, Madonna, and Sylvester Stallone, who have homes here?
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Made up of 17 islands in Biscayne Bay, Miami Beach is the "American Riviera" and famous for its tropical beauty. |
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