by Sue Cragun | Sep 1, 2017 | Title Tip
By Sue Cragun | Marketing Director / Owner | Midvale Office Realtors, make sure you are getting all the HOA info upfront, and lenders, you’ll want to do the same. Here’s why: Many HOAs are charging huge transfer fees or reinvestment fees. These can range from $150 to...
by Sue Cragun | Aug 1, 2017 | Title Tip
By Jake Sorensen | Escrow Officer | Draper Office Sometimes we are involved in a transaction in which one or all the people on the title of a property have passed away. When this situation arises, there are some important steps we need to take, to make sure a clean...
by Sue Cragun | Jul 1, 2017 | Title Tip
By Britney Bown | Escrow Officer | Union Heights Office DISCLOSURE! DISCLOSURE! DISCLOSURE! Such a popular word we hear in all aspects of our industry, right? There is one document to highlight that is very important in real estate transactions and that is the...
by Sue Cragun | Jun 1, 2017 | Title Tip
By Russ Nance | VP Escrow Operations When does the Foreign Investment in Property Tax Act (FIRPTA) apply? FIRPTA concerns should arise when you are handling a transaction which involves a foreign seller. The IRS rules place the responsibility for withholding potential...
by Sue Cragun | May 1, 2017 | Title Tip
By Randy Kidman | Escrow Officer | St. George Office es∙crow /‘eskro/ noun –1. a bond, deed, or other document kept in the custody of a third party, taking effect only when a specified condition has been fulfilled. verb -1. place in custody or trust “I want to sell my...
by Sue Cragun | Apr 1, 2017 | Title Tip
By TeJay Rasband | Escrow Officer | American Fork Office WIRE FRAUD—Fraudsters have learned to take advantage of the fact that most communication involving a real estate transaction is done via email. They use software that searches through email servers for any...