Yearly archive for 2019

We know that getting information quickly and accurately can sometimes make or break a deal. One forward thinking approach we take
at Ticor Title is how we offer our Title & Escrow Rates and Closing Protection Letters (CPLs).

Here are two ways to eliminate delays and streamline the transaction workflow

• Closing Protection Letters Delivered in 1-Minute or Less
• Title & Escrow Rates Provided Instantly and Accurately

Follow the link below to read more about how these two processes can help to save you time in your business!

We are proud to say we have partnered with long time local area consumer protection advocate Herb Weisbaum of KOMO to bring you Technology and Title Tips.

KOMO Technology and Ticor Title Tips

• Do you know what the 4 things you should never share via text, email or fax are?
• What is Title and Escrow?

Making a simple financial transaction is pretty straightforward, right?
You get the goods, he/she gets the money, and a receipt is your proof of ownership. But how do you make a financial transaction as large and as complicated as a home purchase or refinance?

We answer this question and more including…

• Escrow Workflow – 12 Steps to Closing
• Funds and Proceeds – Tips for a Successful Escrow Closing
• Deed Types – What are the Differences

Follow the link below to Watch our “What is Escrow” Video and Download the Guide!

With 2020 just around the corner, we have made our annual County Recorders’ Office Holiday Calendar available for download.

This Calendar shows the following useful information.

• Which days of the year the County Recorders’ Office will be Closed
• Last day of the month to sign Refinance
• Which days of the year the Tax Payments are due

Follow the link below to download the 2020 Holiday Calendar now!

We are proud to say we have partnered with long time local area consumer protection advocate Herb Weisbaum of KOMO to bring you Technology and Title Tips.

KOMO Technology and Ticor Title Tips

• Google’s new privacy tool launched in September, but why is this important to you?
• 7 Reasons Why Every Homebuyer Needs Owner’s Title Insurance

Effective January 1st 2020 the new Graduated Real Estate Tax will go in effect. Our brand new simple and easy to use online REET Calculator will save you time and give you a clear understanding of what to expect in the coming year.

What is REET?

Real estate excise tax (REET) is a tax on the sale of real estate. The real estate excise tax is typically paid by the seller of the property, although the buyer is liable for the tax if it is not paid. The tax applies to the seller. The tax also applies to transfers of controlling interests (50% or more) in entities that own property in the state.

Try the New Online Calculator Below!

What’s in a name? When a title company seeks to uncover matters affecting title to real property, the answer is, “Quite a bit.” An ID Affidavit provides title companies with the information they need to distinguish the buyers and sellers of real property from others with similar names. After identifying the true buyers and sellers, title companies may disregard the judgments, liens or other matters on the public records under similar names.

These are the two most common questions relating to ID Affidavits. 

• What is an ID Affidavit?
• What Does an ID Affidavit Do?

Follow the link below to read the answers and download the complete quick guide.

We are proud to say we have partnered with long time consumer protection advocate and local area Herb Weisbaum of KOMO to bring you morning Technology and Title Tips.

KOMO Technology Tips

• Don’t get hacked when you charge your mobile device
• Think cyber-safety even when on vacation

Ticor Title Tips

• Protect Yourself and Your Clients From Wire Fraud
• True Story: A Vacant Lot and Fake Sellers Caught

Listen to an informational KOMO and Ticor Tip below!

There are three basic situations when the owner has died. Of course, each of these has additional variations, mostly relating to whether the deceased had a will, and whether or not the estate (with or without a will) is being probated. If there is a probated will, devisees (those named in a will) will get the property or the proceeds from the sale if it’s sold before the probate is closed. If there is no will, then state law provides who inherits. It can get complicated to work it all out.

• First, the owner was single – not married or a domestic partner.
• Second, the owner was married or a domestic partner, but it was separate property (not community property).
• Third, the owner was married or a domestic partner and it was community property.

Follow the link below to learn more about Death & Probate.

After weeks of looking, it may be easy for a buyer to forget what exactly they liked about homes they’ve viewed. Over time, the details may fade or become vague. However, the House Hunter Scorecard helps to keep a record by organizing and comparing what the buyer likes best about their top two or three home choices. With so many characteristics to assess and compare, it helps to have a tool that can itemize factors, clarify expectations, and build confidence that the home-buyer’s ultimate home choice is the best fit for their desired lifestyle.

Selecting Your Next Home is a Breeze with the House Hunter Scorecard. 

Ticor Title is happy to offer the House Hunter Scorecard, a simple tool designed to improve the home-buying experience.

Download Here