Scenario: Henri and Lila are now ready to make an offer on 123 Twin Oaks Ave., athree bedroom, 2 bath single family home with a sales price of $144,500. They see thatthe carport looks to be falling down, the front steps are perilous, and all the appliancesare very dated. They want to offer $125,000 for the property. They have $10,000 topurchase the real estate.
Assignment:
As the realtor for Henri in the scenario above, you are starting on the title process
Checklist:
Explain the title process
Synthesize what is involved in reporting a marketable title.
Report the benefit of this title process and having a marketable title has for the buyer.
Explain the difference between a lawyers opinion of title and title insurance.
Submit yout 2-3 page paper APA formatted and citation styled essay with an additional title and reference page to the dropbox before the end of the unit