Indiana's new Good Better Funds Law is effective July 1, 2009. Many of my clients are expressing concerns about back to back real estate closings and how to avoid long delays in funding while waiting for wire transfers to be received by the title company.Ā If a chain of two or more closings is ha
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06/18/2009
Beginning July 1, 2009 the logistics surrounding many Indiana real estate closings will become even more complicated. House Enrolled Act 1374 effectively requires that most funds received by a title company or settlement agent for a closing be wire transferred. Cashier's and certified checks will
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06/11/2009
I hope that by now all Indiana RealtorsĀ®, mortgage lenders and other real estate professionals know about Indiana House Bill 1374. This new law, which is effective on July 1, 2009, prohibits title companies from disbursing real estate closings without funds over $10,000 having been wire transfer
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06/09/2009
Here's an update on the situation with real estate taxes based upon actual knowledge and an informal telephone survey made yesterday. The Monroe Country Treasurer mailed property tax bills Friday May 29th. We are now using the 2008 pay in 2009 real estate tax amounts for all payments and proratio
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06/02/2009