What To Do If Your Identity Is Stolen

On September 3, 2013   /   Blog, Escrow  
What to do if your identity is stolen

If your identity is stolen, follow these three simple steps:

  1. Place an initial fraud alert on your credit report
  2. Order your credit reports
  3. Create an Identity Theft Report

Step 1: Place Fraud Alert on Your Credit Report

What to do if your identity is stolenCall one of the nationwide credit reporting companies, and ask for a fraud alert on your credit report. The company you call must contact the other two so they can put fraud alerts on your files. An initial fraud alert is good for 90 days.

  • TransUnion: 1 800-680-7289
  • Equifax: 1 800-525-6285
  • Experian: 1 888-397-3742

Step 2: Order Credit Reports

Each company’s credit report is slightly different, so order a report from each company. Read your reports carefully to see if the information is correct. If you see mistakes or signs of fraud, contact the credit reporting company. ID theft victims get a copy of their reports for free.

Step 3: Create an Identity Theft Report

An Identity Theft Report can help you get fraudulent information removed from your credit report, stop a company from collecting debts caused by identity theft and get information about accounts a thief opened in your name.

To create an Identity Theft Report:

File a complaint with the FTC at https://www.ftccomplaintassistant.gov/. Your completed complaint is called an FTC Affidavit. Take your FTC Affidavit to your local police station (or to the station where the theft occurred) and file a police report. Get a copy of the police report. These two documents comprise an Identity Theft Report.

Recovering from identity theft can be very time consuming. It is important to act fast completing the steps above. For more information log on to the Federal Trade Commission website at www.ftc.gov/idtheft.

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A Surprise Wife, a Missing Seller, and an Uncooperative Beneficiary…

On August 28, 2013   /   Blog, Escrow  
Common Law Marriage

RaeAnn F., an escrow officer in one of our sister branches, opened a sale transaction. The sales price was $214,500. The seller held title as a single man and the title report revealed only one lien against the property. The beneficiary listed on the lien was an individual.

Common Law MarriageRaeAnn obtained the beneficiary’s contact information from the seller and called him several times. When he finally responded he directed her to work with his protégé, Paul. RaeAnn explained what she needed in order to pay the loan off at closing; the payoff demand, original note, deed of trust and request for reconveyance. Upon receipt of the documents RaeAnn noticed a 50% interest in the note was assigned to a self–directed IRA – for benefit of Paul’s wife!

RaeAnn informed Paul she needed to speak with the custodian or trustee of the IRA. The custodian was very confused and unsure what to do, but did require an assignment to the deed of trust be signed by the original beneficiary and recorded. The escrow officer, buyer, new lender and seller all waited until this was done and an updated prelim could be issued. After several weeks RaeAnn finally obtained all the documentation she needed to pay off the loan. The whole time she received pressure from the seller to close.

An early signing raises suspicions

The seller was planning on leaving town so he made an appointment to come in and sign his closing documents early. At the signing, he and his real estate agent talked about how they were both leaving town. The seller was leaving for Las Vegas and the agent was heading to China. Something they said in their conversation made RaeAnn question the seller’s marital status. She asked him if he was married and he said no, but not with confidence. RaeAnn was suspicious, but he signed an affidavit confirming his marital status so the document was accepted.

Three days later the receptionist called RaeAnn to let her know the seller’s wife had come by to drop off a power of attorney (POA). The POA appointed the seller’s wife as his attorney–in–fact. Huh, his wife? RaeAnn sent the POA to her title officer for review and informed him the attorney–in–fact was the seller’s wife and asked him to update the title report reflecting her spousal interest. The title officer approved the POA and sent an updated title report which included two new liens.

The liens were for the benefit of the State Board of Equalization and against the seller’s wife. The amounts due were just over $62,000. RaeAnn called the seller and left a message stating she needed to discuss an interspousal deed and additional liens which would have to be paid.

Meanwhile, the buyer signed his loan documents. The seller’s business partner, Tommy, called RaeAnn back. She explained to Tommy she needed to speak with the seller directly. Tommy indicated the seller was unavailable, and asked what she needed. RaeAnn asked where he was. Tommy again avoided the question, offering to help her himself. She reiterated she needed to speak with the seller.

Tommy told her the seller’s wife has been appointed as his attorney–in–fact so RaeAnn should contact her. Knowing she needed to have the wife sign an interspousal deed, RaeAnn contacted the wife to schedule an appointment for her to come into the office. RaeAnn knew she was going to be pressured into allowing the attorney–in–fact to sign the final closing statement. She was very uncomfortable since the new liens being paid would financially benefit the wife. Additionally, she did not understand why the seller could not be contacted. All she needed was a fax number or email to send the closing statement to him. She did not need an original signature. RaeAnn contacted National Escrow Administration for a second opinion. The Corporate Escrow Administrator agreed with RaeAnn’s concerns. Armed with the backing of National Escrow Administration she confronted the wife when she came in to sign the interspousal deed.

Then RaeAnn asked her where her husband was. The wife finally admitted he was arrested and being held in a New York jail!

RaeAnn looked the wife in the eye and asked her if they were married or not – pointing out the language included in the POA which stated they had been married since 1996. The wife explained they had a civil ceremony and they never signed or filed a marriage license. At this point they assumed they were married by common law. RaeAnn explained to the wife in order to proceed she would treat them as if they were husband and wife and have the wife sign a deed conveying her spousal interest. Then RaeAnn asked her where her husband was. The wife finally admitted he was arrested and being held in a New York jail!

RaeAnn explained to the wife she needed to obtain her husband’s signature on the closing statement. The wife asked why, reiterating she was his attorney–in–fact. RaeAnn explained she was not willing to move forward without the husband’s approval of the closing statement. The wife reluctantly provided RaeAnn with the fax number for her husband’s New York attorney. RaeAnn faxed the closing statement over to the attorney along with specific instructions requiring a copy of the attorney’s business card be faxed back to her. The attorney called her and asked what she needed. RaeAnn explained she was handling the sale of a home owned by his client and she needed his signature on the closing statement since it included the payment of over $62,000 in state tax liens for the benefit of his wife. The attorney said he needed to check with the U.S. Attorney’s office to see if the sale of this home was allowed.

A search for federal liens

RaeAnn called National Escrow Administration to provide an update. The Corporate Escrow Administrator pointed out the Company needed to know if this property was subject to seizure or a RICO lien. In order to insure the new owner, the Company needed confirmation there was not a lien filed and whether one was going to be filed against the property. In the U.S., federal agency liens have priority over purchase money mortgages and are good for 20 years.

RaeAnn called the seller’s attorney back. The attorney had obtained the seller’s signature on the closing statement and explained the U.S. Assistant Attorney indicated they did not intend on seizing this property. RaeAnn asked for the U.S. Assistant Attorney’s contact information. He provided it to her along with the inmate and case numbers.

The Corporate Escrow Administrator consulted with Rod Pasion in Underwriting to ensure we were taking all measures to safely insure the buyer and new lender on this sale. Rod explained the U.S. Attorney’s office met with the title insurance industry years ago, and they agreed to promptly record their notice of seizures. Since then they have been quite diligent in timely recording their notices.

As an extra precaution the Corporate Escrow Administrator called the U.S. Assistant Attorney and confirmed they had already filed liens against the properties they intended on seizing. If a lien was not of record, it was not a property they intended to seize. RaeAnn emailed her title officer asking him to bring the title search to date to confirm there was not a seizure notice recorded against this property.

Another time crunch

There was no seizure notice, but another lien against the wife showed up; an IRS tax lien for just over $13,000. The buyer had just signed loan documents, for a second time. The lender indicated the lock on the loan would expire in two days.

RaeAnn delivered the latest update to the buyer, his real estate agent, the loan officer and the listing agent who had just returned from China. She explained it would take a few weeks to obtain a payoff statement from the IRS, assuming the deal would be dead since the buyer’s lock was expiring.

RaeAnn was wrong about the deal being dead. All the parties agreed to wait. The buyer really wanted the house and the seller needed to sell. RaeAnn ordered the payoff from the IRS and everyone waited for it to come in. The seller’s attorney was also on standby to obtain the seller’s signature on the final closing statement along with the IRS payoff.

Although this story had several twists and turns – starting with an uncooperative beneficiary, then a surprise wife and finally a missing seller – RaeAnn made very reasonable requirements in order to proceed with the closing and protect the Company.

RaeAnn received a lot of pressure from both the seller’s business partner and wife, who tried to hide where the seller was. They kept indicating the wife could sign since she was appointed as the seller’s attorney–in–fact. Since the seller told RaeAnn he was single, and even signed an Affidavit confirming this, RaeAnn wanted to be sure he was fully aware of the fact she knew he was married and would be paying off his wife’s liens with the proceeds from the sale.

Lastly, she worked with the seller’s attorney, the National Escrow Administration team and title to ensure the property was not in danger of being seized in relation to the charges the seller was facing. For her persistence and careful attention to all the issues which came up in this transaction RaeAnn has been recognized and rewarded.

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Video Tour of our Seattle Escrow Branch

On August 19, 2013   /   Blog, Escrow  

It’s been a couple weeks since we relocated our Seattle escrow branch. The old location on Eastlake Avenue moved to West Lake Union Center on the corner of Westlake Avenue N and 8th Avenue N. We’re settled in and still very excited about the improved space, better parking, easier access, and upscale experience for our clients.

All are welcome to pop in and check out the fantastic new office, but in the mean time we wanted to share a quick video tour and photo gallery. We’re confident that buyers, sellers, real estate agents, and lenders will appreciate the improvement.

We look forward to seeing you soon!

Where to find us

Ticor Title – Seattle Branch

1505 Westlake Avenue N
Suite 150
Seattle, WA 98109
(206) 720-0114

Video Tour of Ticor Seattle

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Ticor Title Mid-Year Company Fact Sheet

On August 15, 2013   /   Blog, Title Insurance  

Ticor Title Mid-Year-2013 Fact SheetTicor Title is a member of the Fidelity National Financial family of companies and part of the nation’s largest group of title companies and title insurance underwriters – Fidelity National Title Insurance Company, Chicago Title Insurance Company, Commonwealth Land Title Insurance Company and Alamo Title Insurance. As a group, our underwriters issue more title insurance policies than any other title company in the United States.

Residential Purchases Shift Upward

The second quarter results continue to highlight the earnings power of our title business. With an improving residential purchase market and strong refinance order closings, we were able to generate a 16.5% pre-tax title margin, nearly equal to that of full-year 2003 when adjusted for the difference in the provision for title losses between the time periods. Our mix of business shifted toward purchase transactions during the quarter, with April at 39%, May at 40%, and June at 48% of total transactions.

Highlighting our Financial Strength

The second quarter results continue to highlight the earnings power of our title business. The LPS acquisition will create an even larger, broader, more diversified and recurring
revenue base for FNF going forward.

Questions or comments? Please share below!

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Announcing the Relocation of Ticor’s Seattle Escrow Branch!

On July 23, 2013   /   Blog, Escrow  
Ticor Title Seattle 1505 Westlake Ave N
Ticor Title Seattle 1505 Westlake Ave N

Ticor Title – Seattle – 1505 Westlake Ave N

We are very pleased to announce that our escrow branch in Seattle has relocated from Eastlake to Westlake Avenue North! The growth of our business in Seattle has brought with it the need for more space, easier parking, and an upscale venue to better serve our clients.

Our new South Lake Union branch is conveniently located at the intersection of Westlake Avenue North and 8th Avenue North in the lobby level of West Lake Union Center, Seattle.

We think you’ll love the validated parking, easy access from the street level, open look & feel, and of course the same friendly faces!

Where to find us

Ticor Title – Seattle Branch

1505 Westlake Avenue N
Suite 150
Seattle, WA 98109
(206) 720-0114

Map & Directions


View Larger Map

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Protect your identity by regularly reviewing your credit report

On July 10, 2013   /   Blog, Technology  
Protect your identity by reviewing your credit report

Protect your identity by reviewing your credit report

One of the most effective ways to protect your identity is to be sure you regularly review your credit report. A credit report includes information on where you live, how you pay your bills, and whether you have been sued or arrested, or have filed for bankruptcy.

Consumer reporting companies sell the information in your report to creditors, insurers, employers and other businesses that use it to evaluate your applications for credit, insurance, employment or renting a home.

Inspect the report for accounts opened in your name

You should review your credit report to ensure the information is accurate and complete. A thorough review can help guard against identity theft as it can reveal any accounts which have been opened in your name you might not know about.

One Solution for all credit reporting agencies

Only one website is authorized to fill orders for the free annual credit report you are entitled to under law. It is www.annualcreditreport.com.

The Fair Credit Reporting Act requires each of the nationwide consumer reporting companies (Equifax®, Experian® and TransUnion®) to provide you with a free copy of your credit report once every 12 months. Under the Act you must request your credit report and provide your name, address, Social Security Number and date of birth to the Credit Agency.

How to regularly request your credit report at no cost to you

Keep in mind, each company is required to provide one free report every 12 months. You can order all three once a year, or stagger the requests throughout the year so you can obtain a report more often than just once a year.

Only one website is authorized to fill orders for the free annual credit report you are entitled to under law. It is www.annualcreditreport.com.

Questions or comments?  Please share below!

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100 money orders totaling $50,000? How we handle cash payments in excess of $10,000…

On June 26, 2013   /   Blog, Escrow  
Cash earnest money deposits in excess of $10,000

The Financial Crimes Enforcement Network (FinCEN) recently published their findings of a study they conducted assessing Suspicious Activity Reports (SARS) and Suspicious Form 8300 Filings Related to Real Estate Title and Escrow Businesses 2003–2011. The study confirmed the importance of Title and Escrow Companies filing of IRS Form 8300 – Report of Cash Payments Over $10,000 Received in a Trade or Business. Read on for the details of a transaction in which cash was received and reported.

A $50,000 earnest money deposit

Cash earnest money deposits in excess of $10,000An escrow officer for one of our sister branches contacted our National Escrow Administrators for assistance. She had just opened a new sale transaction. It was the purchase of a REO property with a sales price of $1.3 million. According to the Purchase and Sale Agreement the buyer agreed to deposit $50,000 in earnest money with the escrow company and the sale was scheduled to close in less than a week. So far so good, right?

Along with a copy of the Purchase and Sale Agreement, the real estate agent delivered an envelope to the escrow officer. Inside the envelope was the earnest money deposit of 100 money orders, in increments of $500. After she picked her jaw up from her desk, she informed the agent she would have to file some additional forms and needed some information from the buyer. She explained she would look into exactly what information she needed and get back with him. This is when she contacted her Escrow Administrators.

She was correct to do so. The receipt of the money orders triggered an obligation to file IRS Form 8300. Pursuant to the IRS Regulations, businesses who receive “cash” payments in excess of $10,000 need to report the funds received.

“Cash” as defined by the IRS is:

  • Coin and currency
  • Cashier’s checks, official checks, bank drafts, traveler checks and money orders if they have a face value of $10,000 or LESS.

Settlement agents must file Form 8300 upon receipt of multiple “cash” items received in one transaction. The multiple payments may have been made at one time or over the course of the transaction. A settlement agent must report upon receipt of the final “cash” item which puts the total of all “cash” received more than $10,000. Obviously this was the case in this deal.

Potential delays to be aware of

The National Escrow Administration sent the escrow officer a copy of Tech Memo 153–2012 Reporting Cash Payments over $10,000 using IRS Form 8300 and called her, as there was more than one issue to discuss. First, the escrow officer needed to obtain a signed W–9 – Request for Taxpayer Identification Number and Certification, as well as a copy of the buyer’s driver’s license. Next, she was reminded the form had to be filed within 15 days. Lastly, they discussed the timeframes for clearance of the funds.

The money orders were issued by Western Union® and MoneyGram®. Money orders may clear as soon as seven to ten business days but they could take longer depending on which Federal Reserves they were drawn on. Additionally, money orders are often counterfeited. If a money order is counterfeit, it could take weeks before it is discovered and the Company is notified. When this occurs, the funds previously credited to the trust account are immediately debited from the account. This poses a risk to the Company if the file closes and is disbursed without allowing sufficient time to pass to ensure they are not fraudulent.

Communication and cooperation are key

The escrow officer contacted the selling agent to let him know what she needed from the buyer and informed him the closing date would have to be delayed. The agent made arrangements for the buyer to come see the escrow officer by the end of the week. Fortunately, both the buyer and seller understood the need for an extension to the closing and the buyer assured the escrow officer he would wire the balance of the closing funds.

The buyer was cooperative, so she asked why the earnest money came to her in this manner. Turned out he is a real estate investor. He regularly attends auctions. At an auction the successful bidder has to pay right then and there with either cash or certified funds which is why he had money orders in that denomination. Since, at an auction he does not know what the sales price will be he regularly purchases money orders in small amounts so he can pay for his purchases. This explained why he seemed unfazed by the request for his Social Security Number and driver’s license – he was familiar with this process.

MORAL OF THE STORY

Real estate transactions are often a target for illegal activity including a means to launder funds. Money laundering involves disguising financial assets so they can be used without detection of the illegal activity that produced them. This is true, unless the funds are reported. Settlement agents have a duty to monitor and report “cash” payments to the IRS. Failure to do so can result in hefty fines.

Although the escrow officer did not believe this buyer was up to anything illegal, she still identified she had a responsibility to report the “cash” received, eliminating the Company’s risk of being fined. In order to ensure she did this properly she did not hesitate to contact National Escrow Administration for assistance.

Questions or comments? Please share below!

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Escrow Officer Banned Because of Short Sale Oversight

On May 31, 2013   /   Blog, Escrow  

The 90-Day Condition…

Short pay lenders are serious about the principals upholding the terms and conditions placed on them by the short sale agreement. One of the most common conditions reads, “The property will not be sold within 90 days of the closing date of the subject real estate purchase contract.” Short pay lenders enforce this condition by checking the chain of title post–closing to verify the property owner matches the buyer shown on the settlement statement provided them at closing.

When the title to the property is in the name of someone other than the buyer, they immediately ban the closing agent from closing any further short sale transactions involving the lender or from closing any new loans originated by the lender. The ban on the closing agent is personal and it is serious.

True Story…

An escrow officer at one of our sister companies closed a transaction July 31, 2012. The Realtor® completed a Short Sale Affidavit spelling out the above condition not to resale the property for 90 days. The seller signed the affidavit, as did the real estate agents – but not the settlement agent or the buyer. Their information was printed on the affidavit but their signatures were never rendered. On September 27, 2012 (just 57 days later) the same escrow officer closed a subsequent sale of the subject property to a new buyer.

Months later the escrow officer was working on another unrelated short sale transaction with the same lender. The agent was notified by the short sale processor of the following message, “All of our files are sent through quality review and the settlement company and agent do not meet our quality review guidelines. You will need to submit documents with an alternative settlement agency. Thank you.”

The agent did not have a clue why the short payoff lender needed to have the closing moved to another settlement agent. The settlement agent did not know either, so she reached out to the lender to find out why and this was their response:

We approved a short sale for a loan that was secured by the property located at 7519 Paradise Drive, Anytown, USA. The HUD–1 shows that this transaction was closed by an escrow officer of FN Title on July 31, 2012. All parties to the transaction, including the escrow officer, signed a Short Sale Affidavit in which the parties agree not to sell the subject property within 90 days of the close of the short sale.

However, public records show that the buyer from the short sale sold the property to another entity on September 27, 2012. A copy of the Grant Deed from the September sale was notarized by the escrow officer.

Wells Fargo Home Mortgage has concerns with business practices that may place us, our customers and/or investors at greater risk of loss in connection with short sales – whether we are the servicer on the loan being paid off short, the lender on a new loan for the property or both.

The following business practices are unacceptable:

  • Allowing a sale to close when the seller has not yet acquired title and paid off all liens that are not assumed (with the approval of the lender).
  • Producing a HUD–1 where the parties to the transaction are listed differently than the deed transferring the property shows.
  • Allowing a short sale to close without following all the requirements of the lender(s) being paid off for less than the full amount owed. This includes but is not limited to fee specifications, parties to the transaction and execution of all related documents.
  • Knowledge that the parties to the transaction are using a trust and/or transfer of beneficial interest that may mislead the current or new lender(s) as to the true identities of the parties involved.
  • Allowing a short sale to occur between parties that are related or affiliated by family, marriage or commercial enterprise.
  • Allowing a short sale to occur with an agreement or understanding between the parties that the Seller will remain in the subject property as a tenant, or will later obtain title or ownership of the subject property.
  • Allowing a short sale to occur without disclosing all agreements, understandings or contracts relating to the current sale, or subsequent sale, of the subject property of the short pay lender.
  • Allowing a short sale to close in which any of the parties to the short sale, including the settlement agent, will receive any proceeds or other remuneration from the short sale transaction except as set forth in the related settlement statement.
  • Allowing a short sale to close in which any of the parties to the short sale have any knowledge of any offer to purchase the subject property for a higher purchase price than contained in the short sale purchase contract that has not been presented to the short pay lender.
  • Allowing a short sale to close with any knowledge that the subject property will be sold again within 90 days of the date of the short sale.

Wells Fargo expects that settlement agents closing its transaction will not engage in this type of conduct. For this reason, Wells Fargo has declined to use your services at this time.

The escrow officer is appealing the decision of the lender banning her from closing any further short sale transactions or new loans, since she did not sign the Short Sale Affidavit containing the condition not to re–sale the property for at least 90 days. In response to the escrow officer’s appeal, the transaction has been reviewed in greater detail only to discover additional discrepancies as follows:

  • The 1st lienholder’s short pay agreement only allowed $2,000 to be paid to the second. The second lienholder demanded $4,700. The buyer paid the additional $2,700 at closing. She closed without the 1st lienholder’s approval of the additional amount being paid.
  • Payment of the additional $2,700 was not reflected in the 500 section of the HUD as a payoff, it was disclosed as a buyer charge in the 1300 section of the HUD.
  • After adjusting the prorations at time of disbursement there was an additional $46.48 in favor of the seller. The escrow officer paid the overage to the 2nd lienholder, instead of the first who was only allowed to receive $2,000.
  • Post–closing, the buyer received a refund of $564.55 even though the short pay agreement indicated, “Neither the seller nor any other party may receive any sale proceeds nor any funds as a result of this transaction except as noted in this Demand Statement.”
  • The borrower on the short pay letter does not match the seller on the HUD. The borrower was a single woman who is now married. She and her new husband signed the closing documents without reference to her maiden name.

When questioned, the escrow officer’s response to the additional discrepancies were that she felt the short pay lender’s approval of the HUD was sufficient approval for the changes.

MORAL OF THE STORY

Taking the measures listed below will prevent the settlement agent and their Company from being banned from providing settlement services.

If the settlement agent is closing a second transaction on the same property, they should demand to see the short pay agreement and all other documents to ensure the property can be re–sold within the timeframe of the new contract.

  • If there is more money to be paid to a junior lienholder than the 1st lienholder, the transaction cannot close without an amended agreement from the short pay lender. An approval of the settlement statement does not constitute a change in terms of the agreement.
  • If the agreement states that no one in the transaction is to receive “proceeds or any funds” that means “refunds” too. No post–closing funds should be given to any party. Instead, the refunds should be sent to the short pay lender to apply toward their shortage – even if the borrower overpaid at closing.
  • The seller on the settlement statement and the borrower named on the short pay agreement must match. If the borrower on the short pay agreement was later married, the settlement statement should reference her maiden name as well as her married name. The seller on the settlement statement and the borrower named on the short pay agreement must match. If the borrower on the short pay agreement was later married, the settlement statement should reference her maiden name as well as her married name.
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6 Infographics that Answer Commonly Asked Real Estate Questions

On May 21, 2013   /   Blog, Escrow, Title Insurance  
Property tax annual cycle

Sometimes a picture can communicate information much more clearly and quickly than words.  With that in mind, we’ve used diagrams and infographics here to answer common questions that our Escrow Officers, Title Officers, and Property Information Specialists receive.

The six infographics below answer tough questions relating to real estate probate situations, property taxes, REO transactions, and bankruptcy.

 

1. Probate Path – Single at Death

This flow chart illustrates who now owns the property when an owner of record is deceased and single at death. Click the following link for more information: Probate Path – Single at Death

Probate path - Single at death

 

2. Probate Path – Married or Domestic Partner Community Property

This flow chart illustrates the process of identifying who now owns the property in a situation where one partner is deceased and the real estate is considered community property.  Click the following link for more information: Probate Path – Married or Domestic Partner Community Property

Probate path - Married at death

 

3.  Probate Path – Married or Domestic Partner Separate Property

This flow chart illustrates the process of identifying who now owns the property when one or both partners is deceased and the real estate is owned as a separate estate.  Click the following link for more information: Probate Path – Married or Domestic Partner Separate Property

 

probate path married separate property

 

4. The Property Tax Annual Cycle

This infographic answers common questions relating to property taxes in Washington state, including how are taxes calculated, when they are due, and how taxes are prorated for buyers and sellers.  Click the following link for more information: Property Tax Annual Cycle

Property tax annual cycle

 

5. The REO Transaction Process

This infographic illustrates the timelines in escrow for purchases of bank owned properties.  Click the following link for more information: REO Transaction Process

 

REO Transaction Process Infographic

 

6.  The Lifecycle of Bankrupcty

This flowchart depicts the complex process of filing for bankruptcy and includes the most common paths for chapters 7, 11, and 13.  Click the following link for more information: The Lifecycle of Bankruptcy

 

Life Cycle of Bankruptcy infographic- Chapters 7, 11, and 13

 

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Announcing the Relocation of Our Bellevue Escrow Branch!

On May 16, 2013   /   Blog, Escrow  
Ticor Title in Bellevue, WA
Ticor Title in Bellevue, WA

Ticor’s Bellevue Escrow Branch

We are very pleased to announce that our escrow branch in Bellevue has relocated to a more upscale and spacious location!  Business is on the rise and with the increased business comes changes and the need for more space.

The new location is conveniently located just off I-405 at the SE 8th Street exit in the Gateway Building.

We think you’ll love the free parking, easy access from the street level, open look & feel, and of course the same friendly faces!

Where to find us

11400 SE 8th St #110
Bellevue, WA 98004
(425) 467-9170

Map & Directions


View Larger Map

We are conveniently located in the Gateway Building just off 405 at the NE 8th St Exit. We offer easy access to the building with plenty of free street-level parking

When you arrive at Ticor Title in Bellevue you will be greeted with a smile, offered refreshments, and promptly escorted you to your reserved signing room.

At Ticor Title in Bellevue, Our team of escrow professionals is committed to ensuring that your Experience throughout the closing process is the finest possible.

If you have questions at any time throughout your escrow transaction please let us know. Thank you for choosing Ticor Title.

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