Melrose Title is spreading a little bit of love to our friends at the Ronald McDonald House this holiday season by collecting items from the organization's wishlist. You can drop off items at either Melrose Title location between now and the end of the year. Another way to support the Ronald McDonald House is by [...]
Join Melrose Title Company for the Farragut Chamber's Fall 5k Run & Fun Walk! When: November 11th at 8 a.m. Where: Mayor Bob Leonard Park, Watt Road, Farragut TN This event benefits the Chamber’s Education Grant program and 15% of the proceeds will be donated to the Smoky Mountain Service Dogs (for our wounded veterans). [...]
Please be aware that Wire Fraud Schemes are rampant this summer as well as email phishing. What can you do? Change your email password to something difficult to replicate (use a combination of letters and numbers). From a recent article in the ALTA (American Land Title Association) newsletter: Here are five tips to protect against wire [...]
1) A closing statement form called the Closing Disclosure or CD is used for most loan applications. The lender, not the closing agent, may be preparing and delivering the CD. 2) The CD must be delivered to the buyer/consumer at least three business days prior to the scheduled closing date. 3) The closing agent must [...]
In the title business, we work with all sorts of different parties, from loan officers to real estate professionals, as well as consumers. All too often, there is confusion among these individuals about what a title commitment is as well as how to read one. It is and has been important for them to understand [...]
We’re excited to present the latest in our series on the Melrose Title Company blog “Ask An Attorney.” This is a way for us to answer some of the more commonly asked questions and provide clarity and understanding for consumers. In this edition of “Ask An Attorney,” our own attorney Jessee Bundy addresses how divorce [...]
We’re excited to present the latest in our series on the Melrose Title Company blog “Ask An Attorney.” This is a way for us to answer some of the more commonly asked questions and provide clarity and understanding for consumers. In this edition of “Ask An Attorney,” our own attorney Jessee Bundy addresses issues that [...]
Did you know there's something called the Residential Closing Funds Distribution Act of 2005 (a.k.a. the "Good Funds" Law)? The Residential Closing Funds Distribution Act of 2005 ("the Act") ensures that checks disbursed at the closing table are backed by good funds at the time of issuance and will not be dishonored when presented to [...]
We're excited to present this new series on the Melrose Title Company blog "Ask An Attorney." This is a way for us to answer some of the more commonly asked questions and provide clarity and understanding for consumers. In this edition of "Ask An Attorney," our own attorney Jessee Bundy answers the question of whether [...]
Melrose Title is fully prepared to act as a central clearinghouse for all the parties involved in your closing. This includes collecting necessary documents and providing customary and necessary settlement services. We are fully prepared to work with you from the beginning of your transaction all the way through to conclusion. When you work with [...]