Tag: Title Company

Knowledge is Power

Closing day is an exciting day for Buyers, Sellers, Realtors, Lenders and Escrow Agents alike. A new chapter begins for the Buyers, and another chapter closes for the Seller. Realtors, Lenders and Escrow Agents get to watch all of this unfold and keep their Buyers and Sellers happy….most of the time. Closing day usually goes […]

Cybercrimes in the Title & Settlement Services Industry

Title & Settlement Services providers are among the top victims of cybercrime and wire fraud. “Cyber incidents continue to evolve rapidly in number and sophistication. As criminals continue to modify their tactics and prey on unsuspecting consumers, the title and settlement industry continues to lead the charge in raising awareness about wire transfer fraud, educating […]

The Closing Process

The closing is the final step of many, in the process of purchasing or selling a home. This is the day in which the homebuyer officially takes over ownership of the property. For the seller, this is when their proceeds are received from the sale. The many steps prior to this include: buyer financing, appraisals, […]

What are Title Searches?

Title searches are investigations conducted during the property conveyancing process to examine the history and legal status of a property’s title. They involve reviewing public records, such as land registries and property documents, to gather information about the property’s ownership, any encumbrances or restrictions, and potential issues that may affect the title. During a title search, a conveyancer […]

Buying or Selling in a Trust

Are you selling your current home that is titled in your Trust? Or perhaps you are buying a new home and would like to title the home in your Trust. If either of these apply to you there are a few things you should expect to have readily available for your title company.  First, you […]

Why are Certified Funds Required?

Certified funds are just that. They are certified to be good, guaranteed, valid, and non-revocable.  Here are some of the different types of certified funds: Cashier’s Check Bank money order Wire Simply put, once a cashier’s check or bank money order is issued by a bank, it cannot be recalled or cancelled by the bank.  […]

What is Title Insurance?

Simply put, title insurance is a way to protect yourself from financial loss and related legal expenses in the event there is a defect in the ownership of your new home. Title insurance differs from other types of insurance in that it focuses on risk prevention, rather than risk assumption. With title insurance, title examiners review […]