急问,有关Abstract Opinion for 购买 REO house

最近购买了一个REO的银行房子。下星期closing. 今天agent 把Abstract Opinion Email给我。里面有一段我不大明白, 看起来好像对我不利。我给我的attorney 留了言, 但他一直没有回。attorney是agent公司 (remax) 的,只收$100.00. 我从来没有打过交道。agent是dual agent。所以有一点担心。请问有人知道这是什么意思么。 另agent告诉我说银行将结清所有的utility fees, property tax. Abstract Opinion 里有一段说明property tax已结清, 但没有任何地方提及utility fees。 这正常么。

4. Personal searches for liens, UCC Filings, judgments and bankruptcy proceedings have been made against the following parties for the following time periods only:

Searches have been made against Jennifer A. Ballard, from June 30, 2006, at 2:41.21 P.M., to February 13, 2009, at 7:00 A.M.; Nationwide Advantage Mortgage Company, Federal National Mortgage Association, for the past ten years to the date of this most recent abstract continuation. Searches have been limited to Polk County, Iowa. Searches should be continued to the date and time of your purchase of the property in order to obtain a complete examination of title.

NO BUYER SEARCH: The abstractor has performed no buyer search. This opinion does not cover judgments, liens, claims and any other miscellaneous matters which might be revealed by an abstractor’s search against the name of, or names similar to: Fenghua Yang, spouse, if any, or any other potential buyer. You should confirm that your mortgage, if any, will meet the definition of a Purchase Money Mortgage as defined by Iowa Code Section 654.12B.

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please delete this post. thanks, -xiaofengjiayuan- 给 xiaofengjiayuan 发送悄悄话 xiaofengjiayuan 的博客首页 (0 bytes) () 05/19/2010 postreply 21:00:29

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