Open House – October 9 – Ticor Title in Kent, WA

Ticor Title - Kent, WA Open House

Ticor Title - Kent, WA Open House

Ticor Title Kent – Open House

Our Kent, WA escrow location has relocated and you are cordially invited to join us for appetizers and drinks as we celebrate.  The festivities will begin at 4:00PM October 9th. We hope you will join us!

When

October 9, 2014
4:00PM – 7:00PM

Where

Ticor Title Company
Kent Escrow Branch
10840 SE 208th St
Kent, WA 98031

Please RSVP

Via Phone: (253) 631-3990

Contact & Customer Service

Phone: (253) 631-3990 Customer Service: cs.wa@ticortitle.com

Location & Directions

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View the invite

Ticor Title Kent, WA Open House invitation

Open House September 25 – Ticor Title Federal Way

Ticor Title Federal Way – Open House

You are cordially invited to join us for appetizers and drinks as we celebrate at our new escrow location in Federal Way.  The festivities will begin at 4:00PM September 25th. We hope you will join us!

When

September 25, 2014
4:00PM – 7:00PM

Where

Ticor Title Company
Federal Way Escrow Branch
33400 9th Ave S, Suite 102
Federal Way, WA 98003

Please RSVP

Via Phone: (253) 765-7255

 

View the invite

federal-way-open-house

Contact & Customer Service

Phone: (253) 765-7255 Customer Service: cs.wa@ticortitle.com

Location & Directions

Video Tour and Photo Gallery – Ticor Title in Everett

A view of the reception area at Ticor Title in Everett

It’s been a few weeks since the opening of our new escrow office in Everett. And with our open house quickly approaching we wanted to give everyone a glimpse of the new space. Below you’ll find a brief virtual tour and a photo gallery.

Where to find us

Ticor Title – Everett

2825 Colby Ave, Suite 300
Everett, WA 98201
Phone: (425) 586-6964
Map & Directions

Your Closing Experience

Our office is conveniently located on the corner of Colby Ave. and Hewitt Ave. in Everett. When you arrive, you’ll be greeted with a smile, offered refreshments, and promptly escorted to your own private signing room. Our team’s goal is to provide you with the best possible closing experience for your real estate transaction.

Come See Us

All are welcome to pop in and check out the fantastic new office, but in the mean time check out the video tour and photo gallery here. We’re confident that buyers, sellers, real estate agents, and lenders will appreciate our new location in Everett.

We look forward to seeing you soon!

Photo Gallery of Ticor Title – Everett, WA

Ticor Everett Grand Opening – September 18

Ticor Title Everett

Ticor Title Everett

Ticor Title Everett – Open House

You are cordially invited to join us for appetizers and drinks as we celebrate the opening of our Snohomish County Everett branch.  The festivities will begin at 4:00PM September 18th.

We hope you will join us!

When

September 18, 2014
4:00PM – 7:00PM

Where

Ticor Title Company
Shohomish County Everett Branch
2825 Colby Ave
Suite 300
Everett, WA 98201

Please RSVP

Via Phone: (425) 586-6964

Contact & Customer Service

Phone: (425) 586-6964

Customer Service: cs.wa@ticortitle.com

Location & Directions

Announcing the Relocation of Ticor’s Kent Branch

Ticor Title Kent, WA

Ticor Title Kent, WA

We are very pleased to announce that our escrow branch in Kent has relocated to a more convenient and central location! The growth of our business in Kent has brought with it the need for a fresh space, a more central location, and an upscale look & feel to better serve our clients.

You’ll find our Kent branch located at the intersection of SE 208th St and 108th Ave SE.

We think you’ll love the ample parking, easy access from the street level, upscale look & feel, and of course the same friendly faces! Please stop by and see us soon.

Where to find us

Ticor Title – Kent Branch

10840 SE 208th St
Kent, WA 98031
Phone: (253) 631-3990
Fax: (253) 631-3991

Map & Directions

NEW! Buyer & Seller Resources for Smoother Transactions

Buyer-Seller-Guide-1New Buyer/Seller Guides

Check out the freshly updated Buyer and Seller resource library on myTicor.com! The new guides and booklets are free to download and can improve the client experience with every real estate transaction.

Read more...

Educating & Communicating for Greater Success!

buyer-seller-resourcesClear communication, knowledge, and mutual understanding can make all the difference in a real estate transaction. Read more

Will the Real Seller Please Stand Up?

The real estate agent opened escrow with KimberLee C., an experienced escrow officer at our sister branch in Salem, Ore. About a week and a half before closing, the agent came in to the office and explained the seller was not really the true seller, but instead his boss was the actual owner.

p1878M-5444-RT8The boss had transferred properties to various people as he was going through a nasty divorce. KimberLee became suspicious right then and started asking questions in order to sell — did the seller have a valid, unexpired ID? Where will the funds go at closing?

Over the next week or so, the agent in an attempt to ensure the closing would happen, sent KimberLee an expired driver’s license, one that had been taken away from the seller by the Department of Motor Vehicles.

The agent also sent a Mexican Matricula Consular identification card, which she told him was not an acceptable form of identification. The pictures between the two identification cards did not match up (probably because they were taken years apart).

The agent gave KimberLee various scenarios such as, “Would we take a Washington driver’s license,” and what other type of identification would be acceptable. KimberLee thought the agent was being very naïve (not devious) and just trying to help his client.

Something wasn’t right

Being on high alert by all this, the seller, his boss and the agent came in for the scheduled signing appointment. When KimberLee went to show them to a closing room, she was pretty sure there would be an issue — just by the signer’s body language.

KimberLee requested the signer’s driver’s license and headed to the copy machine and the Fraud Fighter™ black light purchased from UVeritech. She felt the card was an obvious fake.

Someone had taken the picture from the Mexican Matricula Consular identification card, and cut and pasted it to the new driver’s license. The feel of it was off and putting it under the black light confirmed KimberLee’s suspicions. “Oregon” is supposed to be diagonally repeated on front of license and is also visible under UV light. There was nothing visible under the black light.

KimberLee did not stop there! She called the Department of Motor Vehicles and they confirmed the identification number did not match up with the name. She asked them if we should keep the license and they said for her to call the police.

Step away from the transaction

She contacted her manager, Ted U., and he advised her not to call the police but instead give the license back to the seller and send them on their way as quickly as possible, to remove the potentially violent customer from our office and our employees from harm’s way.

KimberLee did have some alternatives. She could have used a credible witness acknowledgement for the seller. However, the definition of credible witness in her notary handbook reads as follows, “A believable witness worthy of confidence who personally knows the signer of a document.”

KimberLee felt that no one involved in the sale of the property was being completely honest and elected to resign as escrow holder rather than jeopardize the company by insuring a deed that might have been forged.

Luckily for KimberLee this is the first time anything of this nature has happened in her 36 year career. For her diligent effort to prevent a possible forgery, KimberLee has been rewarded and recieved a letter of recognition.

Keen Title Examiner Discovers Forgery

The vesting on the open order sheet did not match the vested owner of record. That is not an unusual discovery in the title industry, but this time it triggered the title examiner to dig deeper and to uncover a forgery!

forged signatureOne of our sister branches in Denver opened a sale transaction in the amount of $450,000 and ordered the title report/commitment. The title examiner, Venita O., noticed the open order sheet reflected the property owner as an Estate of a named individual. The most current deed, however, reflected the owner as an LLC.

There was no death certificate of public record for the decedent, so Venita was unable to determine if he died prior to the deed to the LLC. She looked at previous deeds of trust in the chain of title to compare the decedent’s signature to the signature on the deed to the LLC. The signatures were not the same at all. Read more

The Story of the Stolen Lot

Vacant Lot Aerial Photo

Vacant land or homes are easy targets for criminals. Vacant homes are often vandalized. In some cases squatters move in and refuse to leave, even though they do not pay rent. Vacant lots are used as dumping grounds for trash and debris. Some more brazen thieves are bold enough to even try to steal the property all together. Read on to find out how one such thief was caught!Vacant Lot Aerial Photo

Escrow Process

Click here to download the Escrow Process flow chart.

Judgements to be cleared

Tracy F., escrow officer with one of our sister branches in New Mexico, opened an order for the sale of a vacant lot. The buyer was a real estate agent and she was one of Tracy’s best customers. The sellers were husband and wife. The sales price was $180,000. The order was processed and title began preparing the title report.

When title ran the General Index search in the sellers’ names they discovered several judgments which would have to be investigated to determine whether they belonged to the seller, specifically the wife.

Tracy called and reached the husband, she explained there were some judgments which needed to be cleared up and she needed his wife’s social security number. The husband stated they were her debts. Tracy asked for the wife’s social security number again so she could work on obtaining payoff statements from the creditors.

Seller gets squeamish

The husband started back pedaling. Now he said the debts were not his wife’s and started asking questions about who the creditors were. He clearly did not want to provide his wife’s social security number to Tracy.

Tracy asked him if he knew his wife’s social security number and he replied no. She asked him to have his wife call her. He responded she did not speak English. She asked him what language his wife did speak. He stated she spoke Spanish.

Tracy explained her assistant speaks Spanish, she gave the husband her name and phone number, and asked him to have his wife call her assistant. The wife never called.

The buyer was anxious to close. The property was free and clear, and the only items which needed to be cleared up were the judgments title found in the General Index search. The seller was unresponsive.

A closer look raises more red flags

It was at this point Tracy decided to look closer at the file. Tracy worked with her title department to find a recorded document with the sellers’ signatures on it. Since they owned the property free and clear, they had to go back in the chain of title where they found a real estate contract the vendee defaulted on.

“He misspelled the city in his mailing address. He claimed to live in Lompoc, New Mexico but he spelled the city Lompac…”

Tracy compared the signatures on the recorded document to the signatures on the purchase contract. They were not even close. Next, she noticed the seller made a few mistakes on the purchase contract. He misspelled the city in his mailing address. He claimed to live in Lompoc, New Mexico but he spelled the city Lompac. He also wrote in the wrong zip code. Tracy thought it was odd he made so many mistakes on his address.

Tracy shared her concerns with her colleagues. One of them decided to Google™ the names of the sellers. It is a good thing she did. The search revealed the wife had passed away on April 2, 2014. Her obituary said she fought a long battle with cancer and was in hospice during her last days. Interesting, since she supposedly signed the purchase contract just a few days earlier on March 28, 2014. The obituary also stated the wife was fluent in Japanese, not Spanish as her husband stated.

Step away from the transaction

Tracy resigned from the transaction and refunded the earnest money to the buyer. The phone number for the man impersonating the seller is now disconnected. He has vanished into thin air. The listing agents cannot locate him either. They have cancelled their listing agreement too.

The buyer managed to track down the real owner of the property. She called the real owner and asked him if he entered into a purchase contract with her to sell his lot. He said no. He asked her what the sales price was and she told him it was $180,000. He laughed and said if it seems too good to be true, it probably is. The lot is worth much more than $180,000.

MORAL OF THE STORY

Time and time again escrow officers, closers and settlement agents stop a fraudulent transaction by trusting their escrow gut. Tracy slowed down, looked over her file with a more careful eye and was able to stop this fraudulent sale from going through. She probably deepened her professional relationship with her customer as well. Tracy is being rewarded for her hard work.

Grand Opening & Ribbon Cutting Event June 5th – Federal Way Ticor Title

Ticor Title Federal Way Grand Opening

Please Join Us!

Please join the Chamber of Commerce, local dignitaries, and members of the public for a midday celebration as Ticor Title is officially welcomed into the Federal Way community.   We look forward to celebrating our newest location with you.

Event Details

June 5th
Guests Welcome 11:00 AM – 1:00 PM
Ribbon Cutting Ceremony 11:30 AM

Contact Information

33400 9th Ave S., Suite 102
Federal Way, WA 98003
Phone: 253-765-7255
Team Email: FederalWayDocs@TicorTitle.com

Our Team

Angela Kosoff
LPO, Branch Manager

Tawni Braden
Sales Executive

Where to find us