Escrow Checklist for Real Estate Agents Provide a copy of the fully executed contract including legal description and tax parcel number. Make certain to provide all addendums as soon as possible. * Provide complete broker Information including address and licensing information. * Contact information for Buyers and Sellers. …
Common Ways to Hold Title Title to real property may be held by a single individual or entity, known as Sole and/or Separate Ownership, or by two or more individuals and/or entities known as Co-Ownership. Following is a brief list of common ways to hold title. Ownership and tenure of …
Tip from the Escrow Desk Did you know that utilities cause more post-closing phone calls than any other aspect of a Purchase & Sale Agreement? In a seller’s market, such as what we’re experiencing now, delayed possession is common. Due to this, many contracts include a delayed possession rental agreement. …
What Every Realtor Should Know About Title Insurance The process of buying a home is complicated. Consumers can become confused and frustrated with the mounds of paperwork and documents to sign. Fees show up at closing that can sometimes surprise the buyers. Title insurance is one of those charges least …
Substitute House bill 2539 The legislature finds that state and local real estate excise taxes apply to the sale of real property unless one of several statutory exceptions apply. The Legislature further finds that one such exception involves real property transferred as a result of a devise by will or …
Below you will find the traditional list of expenses a Buyer typically pays for in a real estate transaction. Keep in mind that many of these items can be negotiated by both parties at the time of the offer, excluding some expenses required by the lender to be paid specifically …
