Our REO staff knows that following a foreclosure, our mortgage banking partners want to convey their REO property as soon as possible with minimal expense and prompt elimination of title issues. REO documents can be difficult to draft and execute. Our staff is experienced in the preparation of special documents used in the industry.
We have an experienced title resolution department that has developed close working relationships with the tite insurance industry. These relationships enable us to quickly obtain indemnity letters or clear title insurance policies which comply with the insurable title requirements of most REO contracts.
In order to facilitate funding and wiring of funds, our firm strives to have all of our closings finalized well before the end of the month and within the same month of referral. We are fully aware that our clients must account for any REO properties that do not close during the scheduled month. Failure to do so costs money, not only for your investors, but for your office and staff as well. The Caudle Law Firm, P.A. is confident that you will be pleased when using our firm for your REO closings, as are many mortgage professionals in the mortgage banking industry.