Title Escrow Facts Title Escrow refers to the process of conducting a thorough investigation of a property’s title for determining who owns it and any encumbrances attached to it. The purpose is to ensure a smooth transfer of property ownership while protecting all parties involved in the transaction. Whether you are buying or selling a…
What To Ask a Title Company Whether you choose your own title company or let a real estate agent pick one, you must hire a reliable company. A title company conducts a thorough title search to ensure that the property you purchase is legally transferred to your name from the seller. It is a crucial…
Mortgages for buying property mean getting title insurance. But is it safe or ultimately a scam for house owners? People are often unaware of title insurance or don’t realize its existence until they’re required to get one at the end of the house-buying procedure. It might come as a surprise, but title insurances are must-haves…
Here are the 5 most important questions to ask a title company before hiring.
Do You Need Title Insurance for Vacant Land? The simple answer is ‘yes.’
If you’re thinking of buying a home by taking out a mortgage, you may have some idea about an escrow insurance account. As a homeowner, understanding how an escrow account works can simplify financial planning.
A title agent makes sure that there are no pending legal issues that could get in the way of your title to the property of your dreams.
If you’re a real estate investor, you’re probably familiar with the 1031 Exchange. This is a reference to Section 1031 of the US Internal Revenue Service’s tax code. The 1031 Exchange creates provisions for property owners to defer capital gain taxes while facilitating significant portfolio growth and increase in investment. To qualify, most exchanges have…
The short answer is that might be possible in some cases. It is possible to do so if it is a cash sale or no money is involved. However, these cases are quite rare.
Along with property values, allied industries like title insurance are also on the rise. Title insurance is now worth $15 billion and is forecasted to grow in the future.The numbers clearly show that homeowners are investing in title insurance.
