Ticor Tech Tip – Announcing Our Easy to Use Online REET Calculator for 2020

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!

Ticor Tech Tip – How an ID Affidavit helps to Protect Your Transaction

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.

Ticor Tech Tip – Ticor Title & Herb Weisbaum of KOMO bring you Technology and Title Tips

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

Ticor Title Tips

Listen to an informational KOMO and Ticor Tip below!