We make it our business to keep you informed about everything real estate. Check back each month for a new Title Tip!
T-47 Affidavit Texas: Everything You Need to Know
A Few Helpful Tips to Ensure a Smooth Closing
Reviewing Schedule C “Curative” of the Title Commitment and how to better prepare your seller to address any potential issues long before you get to the closing table
Good Funds: Have you ever wondered why title cannot accept a personal check for closing funds? There’s a rule for that!
At Heritage Title, we are committed to protecting you and your clients during the closing process. That’s why we have introduced a secure and efficient identity verification system through our trusted partner, ClosingLock.
In recent years, there has been an increase in fraudulent transactions involving property with absentee owners. It is important for agents to recognize the red flags to protect themselves and their clients from seller impersonation fraud.
FinCEN revised their Geographic Targeting Order to all title insurance companies doing business in Texas. This new order adds transactions closing in Travis County.
Tips for Closing Condominiums: Understanding the Forms of Ownership in a Condominium Closing, the Exclusive Right to Use an LCE and HOA Fees
In April of 2021, the Texas Real Estate Commission amended the Addendum for Property Subject to Mandatory Membership in a Property Owners Association.
Is Verifying Wiring Instructions Still Important?
When a Trust is Involved in a Sales Transaction
Quick Tips for a Quick Close
Closinglock is the leading online platform for protecting your clients from real estate wire fraud.
All about the purpose of a Homeowners Association in Texas, resale packages and changes that occurred in 2021.
The Step-by-Step guide below summarizes essential information about Heritage Title’s closing process, including what occurs during each stage and actions that will help facilitate a smooth transaction.
Understanding The Title Commitment | Schedule A-D
Why get a survey? Are they necessary for the purchase of a condominium? What is a physical survey? What about using an existing survey with an affidavit? These questions answered and more!
Learn about Heritage Title Company’s Power of Attorney requirements and more about how the POA is a powerful estate planning tool.
Texas is one of nine states that is a community property jurisdiction. In general, this means that any property acquired by a couple during their marriage (with a few exceptions) is equally owned by both spouses. This can have a profound effect on the dissolution of property during divorce proceedings.
Property Taxes: Important Things to Know as a Seller and Buyer
You may have heard of FIRPTA and wondered what is it and why is it important?
Things to Know about the Residential Homestead Exemption | New Changes to an Old Law
Fees Typically Associated with a Real Estate Transaction
Isn’t purchasing both the Owner’s and Loan Policy a double payment or duplicate coverage?
Paragraph 6C | One to Four Family Residential Contract
THE WHO, WHAT AND WHEN OF APPRAISALS
How to Avoid Being a Victim of Wire Fraud in your Real Estate Transaction
Please consider the following post closing tips for Buyers and Sellers:
Effective April 14th of 2021, The Governor’s Emergency Declaration which waived renewal of expiration dates on Texas Driver’s licenses and identification cards was terminated.
Our Escrow Officers and their teams often have clients ask why the title insurance premiums always appear to be different on a Closing Disclosure vs. an ALTA Settlement Statement. We understand the confusion!
One of the biggest points of transition will be that Heritage Title, per the new Contract, will now accept the Buyers’ Option Money along with their Earnest Money Deposit in accordance with the new Paragraph 5 of the Contract.
While there are many options to facilitate a party signing who can’t be physically present, including the use of a mobile notary, occasionally the party will choose to use a Power of Attorney to allow someone to sign documents on their behalf.
The TREC 1-4 Family Residential Contract (Resale) Form includes an option to amend or delete the general survey exception in the Owner’s Title Policy. Here are a few tips to help address what it is, what it does, how to get it, what it costs, and what the title company needs to make it happen.
Come January 1st, you are eligible to file a Homestead Tax Exemption on your primary residence, which removes part of the property’s value from taxation resulting in a lower tax bill for you at the end of the year.
The process of buying or selling a home can be a stressful experience. Follow the tips below to make your closing with Heritage Title go as smoothly as possible!
For most buyers, a home purchase is the single largest investment they will ever make, and having an Owner’s Title Insurance Policy, protects you, the owner, against a loss that may arise by reason of a defect in your title.
In our digital age, it’s more important than ever to understand the topics of information security and wire transfer fraud.
