Author Archives: Dave

Subsurface property interests such as oil and gas rights, or mineral mining claims are frequently a misunderstood aspect of property title. Although they are part of the “bundle of rights” which are part of the entire property title, they can … Continue reading →

From the outside the housing market is measured with a few basic numbers; how many homes are being sold, how many are on the market, and what is the median price of a home. Many homebuyers, real estate agents, and … Continue reading →

The National Association of Land Title Examiners and Abstractors recently sent AFX President Dave Pelligrinelli to the PRIA Land Summit in Washington DC to represent the association as a summit panelist. The panel discussion covered a number of important topics … Continue reading →

Since 2005 the mechanism for property purchasers to use the Phase 1 ESA process to establish “innocent owner” status has been used to mitigate liability from environmental factors resulting from prior property usage. The ASTM standard E-1527-05 and subsequent modifications allow for a … Continue reading →

A foreclosed property has a serious impact on its occupants as they go through the anxiety of financial distress and eventual eviction. A secondary and significant effect is the toll that this process takes on the surrounding neighborhood and even … Continue reading →

Among the more common and publicized errors from the mortgage crisis are robosigned loans, missing assignments, and incorrect foreclosures. A less visible but equally dangerous risk for homeowners is that from unreleased mortgages. During the past decade mortgage refinancing was … Continue reading →

The mortgage process used in the early 2000′s left room for a great deal of mischief. Some of the consequences of those actions are falling on the actors now. From borrowers to brokers to lenders to banks to investment institutions, … Continue reading →

What are experts predicting for the future of housing, in terms of price and sales volume? The past few weeks have seen an extraordinary number of sharply negative views on the residential markets. Many experts agree that a large volume of pent … Continue reading →