When thinking about buying a home, having title insurance is one of the most important things to consider. Insurance for your property title is not like flood or hazard insurance, since it is paid at the time of closing on your house, with no extra renewals. With rising amounts of fraud in the real estate … Continue reading 6 Things You Probably Didn’t Know About Title Insurance
Why You Need To Use a Title Company When Refinancing Your Home Purchasing a house is one of the biggest financial decisions you can ever make. However, even once you sign all the necessary paperwork to claim ownership, you may have further critical financial decisions to make down the line. For instance, if you decide … Continue reading Why You Need To Use a Title Company When Refinancing Your Home
Top 5 Things to Consider When Choosing a Title Company Purchasing a home is a stressful process in itself, and choosing a title company is an important step to finalize your home sale. If you, as the buyer, are planning to pay for title insurance, you will have the choice of the title company you … Continue reading Top 5 Things to Consider When Choosing a Title Company
When planning for a home purchase, whether you’re a first-time homebuyer or you own multiple properties, there are many things to keep in mind to make the process as smooth as possible. From credit scores and income tax returns to securing the right realtor and title company, the workload can seem overwhelming but the payoff … Continue reading 17 Tips for Buying a Home in 2017
Protecting Your Personal Non-Public Information During Your Home Purchase is crucial to your personal information. The sale of a home can be one of the most exciting and also one of the most stressful times for both a buyer and a seller. There are many items and costs to consider, from typical closing costs and … Continue reading Protecting Your Personal Non-Public Information During Your Home Purchase
The primary role of a title company is to issue title insurance on a piece of property to protect owners and lenders from any disputes that may result in legal claims. Title companies also conduct a thorough search of a property’s title to make sure it is free from any liens, judgments or other encumbrances. … Continue reading The Skills of a Title Insurance Company.
When a person applies for a loan to refinance real estate, the bank may require the help of a title company to assist with the refinancing process. The title company conducts a background check on the title of the property. The title company will then scrutinize all the documents associated with the property to assure … Continue reading The Role of Title Companies in Refinancing
There are many reasons for buying or selling a home without the assistance of a realtor, but one service provider you shouldn’t complete a transaction without is a title company. This is especially true with a for-sale-by-ower purchase or sale. Using a title company not only ensures that your closing goes smoothly, it also safeguards … Continue reading Should I use a title company when buying or selling real estate?
A closing already has several different parties involved; buyers, sellers, buyer’s agent, seller’s agent, the title company and the lender. Does adding another company/attorney to represent the seller make sense? For a real estate closing in Florida, it just doesn’t make sense to complicate the transaction further by adding a superfluous second title company/attorney. Superfluous? … Continue reading When is hiring a real estate attorney or second title company to represent a seller a good idea?
Title companies must report all-cash buyers to the Treasury Department’s Financial Crimes Enforcement Network (FinCEN)
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced new rules on January 13, 2016 aimed at all-cash buyers who purchase high-end real estate through shell companies, reports Forbes. The rule will force national title insurance companies to disclose to authorities the identities of buyers in certain geographic areas who purchase real estate for a … Continue reading Title companies must report all-cash buyers to the Treasury Department’s Financial Crimes Enforcement Network (FinCEN)