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Avoid Closing Delays: Estoppel Fee Insights for Title and Escrow
Imagine you’re deep in the pre-closing phase, working diligently to ensure a clear title and a seamless transition for your clients. You’ve meticulously reviewed documents, verified liens, and double-checked every fee—confident that the closing is right on track. …
Published on: Oct 03, 2024 Understanding Estoppel in Real Estate: Title and Escrow Manual
Estoppel in real estate is an indispensable closing document. It’s part of the title and escrow professionals’ due diligence process, which prevents disputes, clarifies financial obligations, and ensures that all parties have a mutual understanding of the property’s …
Published on: Aug 12, 2024 Updated on: Aug 15, 2024 Practical Applications of AI in Your Real Estate Operations
The real estate sector stands on the brink of a technological revolution, with Artificial Intelligence (AI) leading the charge. Drawing from the insights Vishrut Malhotra, Rexera’s CEO and co-founder, shared during our Using AI to Grow Your Real …
Published on: Apr 02, 2024 Updated on: Jul 04, 2024 The Cost of Mortgage Payoff Fraud and How to Protect Your Business
With the alarming rise in mortgage payoff fraud, the real estate industry is under increased threat. Fraudsters now skillfully trick real estate professionals into redirecting mortgage payoffs to their accounts. The consequences are dire. Ranging from significant financial …
Published on: Mar 14, 2024 Updated on: May 09, 2024 What Are HOA Financial Statements? And How to Read Them?
You’ve finally gathered all the HOA documents you need to close your deal. Now, it’s time to read and analyze. Easy in theory. Right? In practice, however, things might look different. Especially when it comes to HOA financial …
Published on: Mar 07, 2024 Updated on: Mar 14, 2024 What Are Municipal Lien Searches? Real Estate Closing Tips
Conducting Municipal Lien Searches is a crucial aspect of many real estate transactions, often underestimated by professionals. While it may lead to additional work and unexpected issues, it provides a comprehensive overview of potential financial or legal obligations …
Published on: Feb 01, 2024 Updated on: Jul 24, 2024 What Is Mortgage Payoff and How Does It Affect Your Closing?
Ensuring a quick and consistent closing for clients is key for title and escrow companies that want to remain competitive in the changing market of real estate. However, the various tasks in the closing process, such as gathering …
Published on: Jan 04, 2024 Updated on: Mar 14, 2024 What Are HOA CC&Rs? | Practical Guide for Title and Escrow
According to the U.S. Census, an astonishing 84% of new homes sold in 2022 are in homeowners associations (HOAs)*. For the majority of buyers, this means adhering to the rules and regulations the HOA sets. However, more often …
Published on: Dec 20, 2023 Updated on: May 17, 2024 Guide to HOA Documents for Closing – Title and Escrow
As an Escrow officer, dealing with HOA documents for closing might seem like a mundane and repetitive task. However, acquiring complete and accurate HOA documentation before closing is crucial. Failing to secure the package of documents can delay …
Published on: Dec 14, 2023 Updated on: Apr 29, 2024 How to Request HOA Documents: 9 Steps for Escrow Officers
Table of ContentsUnderstanding the Importance of HOA DocumentsWhat HOA Documents Should You Request?9 Easy Steps on How to Request HOA Documents1. Identify the HOA2. Contact the HOA or Property Manager and Request the Needed Documents3. HOA Document Request4. …
Published on: Nov 30, 2023 Updated on: Aug 06, 2024 Rexera in the News
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