Understanding Title Insurance Policies: A Guide

Understanding Title Insurance Policies: A Guide

Title insurance protects homeowners and lenders from potential disputes over property ownership and title defects. When purchasing a home, obtaining title insurance can be a requirement for a seller and/or buyer but they rarely understand what kind of coverage they...
Facilitating the Payoff of Utilities at Closing

Facilitating the Payoff of Utilities at Closing

A smooth property closing process is the goal for all parties involved and understanding how final utility payments are handled is important. In the State of Washington, unpaid utility charges can become liens on the property, rather than attaching to the owner of the...
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...