Ticor Title offices will be closed on Monday, September 4th, 2023 in observance of the holiday. Thank you!
We are pleased to announce that Team Ohana has joined our Ticor Title Eastside & South Snohomish locations!
Naomi Armstrong
Sales Executive
Naomi.Armstrong@ticortitle.com
TeamOhana@ticortitle.com
Call or Text: c: 206-409-1833
About Naomi:
A little about me. I attended the University of Washington, GO DAWGS, and during my college career I entered the world of real estate (to pay my tuition and have a flexible schedule). After graduating from UW in 2001, I continued on in Real Estate. Fast forward 10 plus years I was presented a great opportunity to join a mortgage team and decided to switch gears. A little over 5 years in the lending world and a mother of 2 beautiful boys, I knew I needed to follow my passion for helping people, yet have a more flexible schedule to be present for my children. In pursuit of following my passion, I started to explore a career that would allow me to use my strong skill set, from the real estate and mortgage world, and took the leap to start a new career in Title and Escrow… and haven’t looked back since! This side of the industry is dynamic, powerful and inspiring. My role is fulfilling, giving me the opportunity to help my clients achieve their goals for growth, which allows me to also develop long term partnerships that feel like family. Truly the best of both worlds.
What drives me: leaving a legacy behind for my family. Giving meaning and purpose to my life and providing my children a strong foundation is what drives me to accomplish my goals and succeed.
I always say to live with intent, be present in your life: at home, work and in your relationships. Have fun and enjoy every moment. Family is very important to me, and my children are an inspiration and my daily motivation… “My Why”. When you have a “Why”, you have a purpose. There’s nothing more powerful than that.
Brian Cawyer
Sales Executive
Brian.Cawyer@ticortitle.com
TeamOhana@ticortitle.com
Call or Text: c: 206-409-1833
About Brian:
My 13yr old daughter Zuri is what drives me, she is my WHY and my WORLD!
My whole career has been in Customer Service from selling Shoes, Department Manager, Regional Manager and a Store Manager of 18yrs for Nordstrom. After leaving Nordstrom I wanted to stay in the Customer Service world, so I decided for the Real Estate space and have never looked back. 5 years as Area Manager for First American Home Warranty and the last 3yrs in Title & Escrow Sales.
I bring expertise in client acquisition along with excellent interpersonal communication and relationship-building abilities. Dedicated to continuous improvement and achieving market-leading results. Strategically minded in capturing new business and leveraging dynamic market opportunities. Expert in increasing productivity and customer satisfaction while driving revenue and sales. Establishing strong Relationships and Partnerships is what I love about what I do.
I am super excited to be part of the Ticor Title Family!
Our office will be closed on Monday May 29th, 2023 in observance of the Holiday. Thank you to all of our brave men and women who have served in our armed forces. Thank you!
Please join us in welcoming Jen Kelly to our University Place Ticor Team! We’re glad to have you here!
The Pacific Northwest is a fantastic place to call home. This region invites a life of work and of play. It is rich in natural beauty and history!
Born and raised in Tacoma, I feel fortunate to be a part of this community. Most of my adult life has been spent developing relationships with neighbors, business owners, and building my own business within the Real Estate industry. My personal business practices always adapt to my client’s needs, first, through transparency, effective communication, and consistency. At the end of the day, I am a working mom who loves meeting new people and I am very dedicated to my family, friends, and business partners.
Places you might find me:
- Hiking Trails
- Community Events
- Local Coffee Shops
- Yoga Class
- Playing at the park with my kids
- Social Media
With over 20 years of experience in account management and client engagement, Randi Peterson is a known and trusted resource for connections and solutions that empower her clients to achieve their goals in real estate. She is excited to now be a part of Ticor Title, one of the industry’s best-run companies.
Why Ticor was the Right Choice
Randi chose Ticor because of the unique blend of services that help to enhance her workflow and provide the most efficient service to her clients.
- The commitment, vision and synergy of the leadership team.
- The Ticor “Make it Happen” “Get to Yes” underwriting philosophy.
- Our goal is to provide an exceptional closing experience for all parties to the transaction every time. We want you back every time you have choice.
- Innovative agent tools – We’re committed to help you succeed and grow your business.
- Competitive Fees
- National Strength, Local Touch
- Enhanced Service & Support
- Improved Accessibility
Text your team! 844-698-4267
About Randi
Throughout her career, she has demonstrated her expertise in new business development. Randi is passionate about helping to set and achieve goals for her clients through short and long-term strategic planning.
Her hobbies include woodworking, creating art from organic and reclaimed items, enjoying her husband’s amazing cooking and spending time with their young adult children. She has a Finnish heritage, and her husband is Norwegian so their kids have been deemed “Norfinns” by their grandparents.
Randi is excited to work with such a great team of people and to learn about the tools available to support her clients with their business.
You can reach Randi at Ticor Title, 253-273-6317.
“Nothing spoils a good story like the arrival of an eyewitness.”
Mark Twain
Randi Peterson
Sales Executive
Randi.Peterson@TicorTitle.com
253-273-6317
5775 Soundview Drive Ste 204B
Gig Harbor, WA 98335
Our 2023 pre-foreclosure list is now available!
Did you know that Ticor Title is focused on cultivating new investor friendly opportunities in this current market?
This Seattle area report includes a detailed list filled with information for you to review and consider when talking to your clients about investing in Seattle Real Estate. Ticor Title is committed to being Seattle’s Investor Friendly Title Company for 2023!
For a monthly fee of 20.00, you will receive a detailed list providing pre-foreclosing lien information along with all of the properties that went into foreclosure recently.
The list will include…
• List covers King, Pierce, Snohomish and Kitsap Counties.
• Contains both trustee sale and judicial foreclosure filings.
• Sent each Friday afternoon.
Detailed Pricing – Cost is $20/month, or $200/year. $200 buys 52 weeks of the 4-county list; a really good value. *Paying annually ensures uninterrupted service.
Contact your Sales Executive today to find out why Ticor Title is Seattle’s Investor Friendly Title Company!
We would like to invite you to attend this specially crafted class series all about Creative Closings in our current market.
Click here to RSVP, seating is limited! https://tinyurl.com/yck7344r
We’ll Cover
| MORTGAGE ASSUMPTIONS – An assumable mortgage is a loan that can be transferred from one party to another with the initial loan terms remaining in place. CONTRACT ASSIGNMENTS – A contract assignment allows a buyer/investor to assign their interest in a Real Estate Purchase and Sale Agreement to a third party (normally for a fee). WRAP TRANSACTIONS – A Wrap is a type of seller financing wherein the seller’s existing loan is wrapped by a secondary loan from buyer to seller. The payment from the buyer is then used to pay the sellers existing loan. SELLER FINANCING – Real estate contracts vs notes / deeds of trust |
Most of us are familiar with Contract Assignments wherein the original buyer on the Purchase and Sale Agreement “assigns” his interest to a third party, but what is a Double Closing and why is it considered a valuable tool?
A Double Closing is the simultaneous closing of two separate Purchase and Sale Agreements involving three parties – a seller, a real estate investor, and an end buyer. The sale of the property to a third-party investor is referred to as the Acquisition Escrow. The investor then sells the property to the end buyer; this transaction is referred to as the Resale Escrow. Both contracts will include language stating that closing is contingent on the simultaneous closing of the other.
Advantages of a Double Closing
Sellers working with investors are often sellers in dire circumstances. They want to close their home quickly but aren’t thrilled about the idea of entering a contract with one buyer who then assigns their interest to someone else who could then come back and start trying to renegotiate the terms. Utilizing a Double Closing allows the investor to remain in control of both transactions until closing occurs and keeps the seller content.
Investors completing a Double Closing do not have to disclose the amount of profit they are making to their end buyer like they do on an assignment. Because they are completing two closings, the sales price on the Acquisition Escrow is not disclosed to the buyer on the Resale Escrow nor is the sales price on the Resale Escrow disclosed to the seller of the Acquisition Escrow.
Funding for Double Closing
- Transactional Financing
Oftentimes investors will secure a very short-term loan referred to as a Transactional Loan or Flash Cash Loan. This type of financing is normally only secured for a few days and is paid back when both transactions close.
- Single-Source Funding
Using the proceeds from the Resale Escrow to complete the Acquisition Escrow closing is referred to as Single Source Funding. Although this type of closing was more common before the 2008 housing crisis, this type of funding can still be done today. The investor/seller of the Resale Escrow must disclose to the buyer that sellers’ proceeds are being used to purchase the property subject property.
Disadvantages of a Double Closing
The biggest disadvantage of a Double Closing is timing and the reliance of three parties to perform rather than just two. If the buyer or original seller backs out list minute, it affects both transactions.
Trying to record and fund on both transactions on the same day can be a challenge especially if the end buyer has a conventional lender.
