About a month ago I started receiving RFPs from a "..Holding and Closing Company" out of Tulsa, Oklahoma. I've received five in the last week.
Never heard of them, but they have a sheet that deals with nothing but their "certification" that must be included on all surveys. Although their RFP is asking for a "pin survey", their cert reads like two drunk attornies marking up an ALTA cert. It's a crock. I bet even hungry surveyors would balk at the verbage.
The properties they are needing surveyed are all residential, in every corner of the State.
The same title company is providing commitments on every one of them.
They are all Fannie Mae foreclosures and in the foreclosure papers the majority of them name John and Jane Doe occupants, with "inferior and junior" leases on the property.
My nose ain't so good anymore. I can't tell if smells like a "cooked" racket, or just buzzards picking the bones of borrowers that hit hard times. I've replied several times that I'm not interested...and another one in the in-box today. Good luck to whoever picks them up...:bored:
I don't think I understand this. I believe in the State of Texas the TBPLS requires you list the record information i.e. volume and page and the person(s) who title appears to be vested in per properly recorded deed.
I am sure there are people who dont even bat an eye signing those crazy certs or these companies would not put them on there.