Table of Contents
1
60
Washington Buyer and Seller Guide for Title and Escrow
Introduction
3
Important Contacts For Your Transaction
4
The Title Insurance “Value Proposition”: 10 Reasons
5
What is Title? - FAQ
6
Why You Need Title Insurance - 21 Reasons
8
Life of a Title Search
9
Title Policy Comparison Chart
10
Homeowner’s Policy of Title Insurance
12
Homeowner’s Policy Additional Benefits
13
What is the Preliminary “Title” Report?
15
5 Common Ways To Hold Title
16
ID Affidavit - Why is it Needed?
17
Vesting: Common Ways of Holding Title
18
Escrow: FAQ
20
The Escrow Process
22
The Life of an Escrow
24
Opening Escrow
26
Red Flags in the Escrow / Title Process
27
Taxes
34
Pat Act
36
Loan FAQ
37
What is Payoff
38
Closing Costs: What Buyers & Sellers Typically Pay For
40
Consumer Financial Protection Bureau (CFPB)
43
What is Consumer Financial Protection Bureau? (CFPB)
44
Will The New CFPB Rule Delay My Closing?
46
Purchase Title / Escrow Order Workflow
47
The New Closing Disclosure Explained
48
Glossary of Terms
57
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