Protecting Your Clients’ Ownership

Protecting Your Clients’ Ownership

As a real estate agent, you play a crucial role in guiding your clients through property transactions. If your client asks you what the difference is between Title Lock and Title Insurance this guide will help provide some clarity. The Reality of Title Fraud Title...
Title & Escrow 101: Our Social Media “Myth or Fact” Series

Title & Escrow 101: Our Social Media “Myth or Fact” Series

MYTH! While related, title and escrow services serve distinct roles in a real estate transaction. Title service focus on researching and insuring a property’s ownership rights while escrow services handle the financial aspects and facililtate the closing...
Escrow and Loan Assumptions

Escrow and Loan Assumptions

Understanding the mechanics of loan assumptions and the role of escrow is crucial for home purchasers when navigating a transaction involving a conventional or VA loan assumption. A loan assumption occurs when a buyer takes over the seller’s existing mortgage...
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...

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...