Is Your Title Company Proactive in Preventing Fraud?

Is Your Title Company Proactive in Preventing Fraud?

  As a real estate professional, you do your best to educate and protect your clients from fraud and scams. You watch for anything suspicious, such as requests to sell a property below market value, communication only through electronic means, or requests for a...
Seller Wrap Real Estate Transactions

Seller Wrap Real Estate Transactions

A seller wrap real estate transaction, also known as a wraparound mortgage or simply a “wrap,” is a type of creative financing arrangement used in real estate transactions. In a seller wrap transaction, the seller acts as the lender, offering financing to...

Important: New Certification Form for Co-signor Exemption

The exemption allowed under WAC 458-61A-215(2)(d) for addition of a co-signor to title and (2)(e) for removal of a co-signor from title require a narrative submitted with the Real Estate Excise Tax Affidavit. Due to the high level of misuse resulting in unintended tax...

To Quit Claim or Not to Quit Claim…

To Quit Claim or Not to Quit Claim: Weighing the Pros and Cons When it comes to real estate transactions in Washington State, one important decision to make is whether to use a Quit Claim Deed (QCD) or explore other options. A Quit Claim Deed (QCD) is a legal document...