Q: We have a dispute with another celebration to an agreement; can the escrow business keep my earnest money deposit?
A: You will need to review the contract terms dispute resolution that is addressing. The escrow company may be required to hold funds until the matter is arbitrated or there is an order entered by a court of law if there is a dispute
Q: how to determine if that loan originator is certified in Arizona?
A: You can check always DIFI's web site under Look up a Licensee you can also check out the National Mortgage Licensing System and Registry (NMLS ) by simply clicking their consumer access web page .
Cash Transmitters
Q: What does money transmitter mean?
A: A Money Transmitter is just a cash solutions company that carries out number of solutions. A Money Transmitter may offer or issue re payment instruments ( ag e.g., checks, drafts, quik payday loans Westwood New Jersey cash sales, traveler’s checks set up tool is negotiable). A Money Transmitter is also a money solutions company that partcipates in the business enterprise of getting cash for transmission or transmitting money by any and all sorts of means, including yet not restricted to cost instrument, cable, facsimile or electronic transfer. Making use of a cash Transmitter, clients may receive and send cash inside the usa or to areas abroad. A person can deliver cash by going to any participating socket, filling in a cash transfer form and investing in the deal. The client getting the deal will not have to pay usually a cost. DIFI regulates Money Transmitters under A.R.S. Title 6, Chapter 12, Article 1 and 2. §§6-1201-6-1242 .
Q: Does DIFI manage loan adjustments for property beyond your continuing state of Arizona?
A: DIFI r egulates loans guaranteed by home financing or deed of trust or any interest that is lien property based in Arizona. DIFI shows that when you yourself have an issue regarding that loan modification on a house perhaps maybe not positioned in Arizona to make contact with the agency that is regulatory their state in which the home is found.
Sales Boat Loan Companies
Q: I have buyer’s remorse; could I cancel my automobile agreement within 3 days?
A: Unless there is certainly a three-day right of rescission written expressly in to the contract, there's no three-day right of rescission or “cooling-off” period under Arizona legislation.
Q: The dealer stated i must signal a contract that is second do we really need to signal it if i actually do n't need to?
A: No, you will need to follow the terms of the first contract in returning the vehicle you purchased and assume any obligations you agreed to in returning the vehicle, for instance, non-refundable deposit, any and all mileage, damage to the vehicle, etc if you choose NOT to sign a second contract.
Q: we traded in a car, and I also would not be eligible for funding, does the dealer need certainly to return my trade-in automobile, even in the event it was sold by them?
Q: The utilized vehicle we bought isn't running right even though i got myself it “As Is”. Where could I grumble?
A: For performance problems, the Arizona Attorney General’s Office can be of help.
Q: Does DIFI understand whom my lien owner is?
A: No, DIFI will not keep consumer information, such as for instance agreements, documents, re re payment records, etc.
Q: Can DIFI offer me a lien release back at my car in the event that ongoing business has gone out of company or we cannot find them?
DIFI might be able to offer you updated email address to phone the business for a lien release. The Arizona Department of Transportation , Motor Vehicle Division Title and Registration Section for instructions and requirements for obtaining a bonded title if the debt was paid off over seven years ago, the company may not have the records, or if the company is out-of-business or cannot be located for a lien release, please contact .