Category Archives: Title Tip

Teach Your Clients About Possible Wire Fraud Schemes

Wire fraud schemes are on the rise in the Real Estate industry and homeowners are becoming a primary target for fraudsters at an alarming rate. This short video provides some very helpful tips on what you and your clients should … Continue reading

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Learn About the New TILA/RESPA Integrated Disclosures

The new TILA/RESPA Integrated Mortgage Disclosure Rule goes into effect October 3rd, 2015. Realtors, if you haven’t had a chance to attend one of our 2 hour CORE Classes on the new Disclosures, please contact your Marketing Rep or Escrow … Continue reading

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UTAH’S GOOD FUNDS REQUIREMENT

Title Companies in Utah must have “Good Funds” before they can record and disburse on a real estate transaction.  So, what are good funds?  It is money that has been received into the title company’s account that has been collected and cleared. The … Continue reading

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Title Tip: How to Extend Coverage Under an Owners Policy

Your title policy never expires! How great is that? However, as with all Insurance product’s, there are situations in which coverage can be invalidated. This generally occurs with an Owner’s Policy when the insured changes title. Homeowners often transfer their … Continue reading

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What is an Exception to Title Insurance?

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Buyer/Seller Using A Trust

A copy of the Trust Agreement must be reviewed prior to closing.  We need to review the document to verify a few items;  namely:  the Name of the Official Trust, a list of the Trustees who must sign, any clauses … Continue reading

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Warranty Deed Vs. Quit Claim Deed

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Title Tip the 5 Warranties of a Warranty Deed

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