Perseverance During Diversity

By | 2016-12-27T18:10:12+00:00 August 4th, 2016|Categories: President's Corner|Tags: , |

We turn on the news and witness what seems like never ending violence and turmoil in this world and an election cycle seemingly centered on belittling the opponent and tearing them apart.  Divisiveness permeates our daily discourse. When we distinguish ourselves as different (and better) than others, it does not take much to pit ourselves against [...]

Existing Home Sales on the Rise Since New TRID Rules Started

By | 2016-12-27T18:10:12+00:00 July 21st, 2016|Categories: ALTA|Tags: , , |

Existing home sales are bouncing back after dropping last November, according to HousingWire, and that means great things for buyers, Realtors® and everyone else associated with the housing industry. What Happened With Existing Home Sales? The National Association of Realtors® released data earlier this year that shows more buyers reached the market before the end of [...]

Title Insurance and Commercial Real Estate Transactions

By | 2016-12-27T18:10:12+00:00 July 15th, 2016|Categories: Title & Escrow FAQ|Tags: , |

Title defects aren’t limited to residential real estate. With most types of insurance, you’re protecting yourself from something that may happen in the future. With title insurance, you’re protecting yourself from something that happened in the past, but which you’re unaware of. If a defect in title surfaces after you take ownership of a property, it [...]

What is Escrow in a Home Purchase?

By | 2016-12-27T18:10:12+00:00 July 7th, 2016|Categories: Title & Escrow FAQ|Tags: , , |

If you’re purchasing a home, the terminology, paperwork and sheer number of steps involved in the home buying process can definitely be overwhelming. One term many people are unfamiliar with is “escrow.” What Does Escrow Mean? An escrow account holds money to be used to pay for expenses other than the mortgage payment. This can include [...]

What Realtors® Should Know About Owner’s Title Insurance

By | 2016-12-27T18:10:12+00:00 June 30th, 2016|Categories: Title & Escrow FAQ|Tags: , , |

If you’re a Realtor®, you know that a lender’s title insurance policy is required for any type of mortgage. You also know that many homebuyers are already confused and daunted by the process of buying a home. Why, then, would you want to burden your clients by suggesting they add purchasing owner’s title insurance to their [...]

Do Lenders Require Title Insurance When Refinancing?

By | 2016-12-27T18:10:12+00:00 June 22nd, 2016|Categories: Title & Escrow FAQ|Tags: , , |

If you’re considering refinancing your home—and now may be a good time to do so—you may be wondering if you’ll need a new title insurance policy. While current your owner’s title insurance policy is still good, your lender will require a new policy if you decide to refinance your mortgage. Why Does the Lender Need a [...]

Realtors®: Maximize Your Time With These 10 Amazing Apps

By | 2016-12-27T18:10:12+00:00 June 17th, 2016|Categories: Real Estate Tips|Tags: , , |

At Smart Title and Escrow, we believe in sharing the hottest tips and tricks we can with our friends on the real estate side of the aisle—and after a little research on time-saving apps we could use ourselves, here’s what we came up with that will help Realtors® and mortgage professionals make the most of their [...]

Freddie Mac CEO Says Mortgage Industry is Running Great

By | 2016-12-27T18:10:12+00:00 June 7th, 2016|Categories: Real Estate Tips|Tags: , , , |

Donald Layton, CEO of Freddie Mac, says the mortgage industry is running exceptionally well—and it’s improving every day. “The mortgage industry is a far better run industry. We understand risk better,” says Layton. “We just can't brag about it that much.” As of now, the company has returned just under $100 billion to taxpayers—and that’s $27 [...]

The Benefits of Mortgage Pre-Approval

By | 2016-12-27T18:10:12+00:00 May 26th, 2016|Categories: Real Estate Tips|Tags: , , , |

If you’re like most people who are thinking about buying their first home, you’re probably wondering where to begin. As with many things in life, you can save a lot of trouble if you start with the financing. Sure, it’s not as exciting as looking at houses for sale, but it can get you into your [...]

New Homes: Bigger, Better, More Expensive

By | 2016-12-27T18:10:12+00:00 May 18th, 2016|Categories: Real Estate Tips|Tags: , , |

It’s no secret that homebuyers want plenty of space to sprawl out, but now there’s scientific data to back up the trend that many Realtors® and other industry professionals have seen over the past few years. New homes are getting bigger… and they’re becoming more expensive. What the Numbers Say About Bigger, Pricier Homes Data from [...]