Title Business
Not all surveyors have two right feet. But some do. For more than 100 years, there have been two different survey definitions of the 12-inch measurement known as a foot. But change has been afoot for some time for the official measurements used by U.S. surveyors. Many land surveyors use the widely accepted International Foot […]
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Recently released national closing cost data showed that in 2019 average closing costs remained flat despite an increase in home prices. The average closing costs in Texas was $3,744 with an average sales price of $274,163. The average closing costs in Texas was 1.75 percent of the sales price. That put Texas ranked 28th in the […]
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Title companies are considered an essential service along with appraisers, banks, and mortgage companies. Most of us are still conducting business and working hard for our clients. Like all businesses in Texas, the U.S., and the world, we are operating in a different way during this health crisis. We have a duty to take care […]
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As the situation with the novel coronavirus continues to evolve, the title business is responding. Currently, the title business is not seeing many interruptions in business. For the most part, transactions are not being delayed or canceled due to current restrictions. Aside from a few inconveniences, it’s mostly business as usual in the title world. […]
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A Kick Out provision goes by many names in the world of Texas real estate contracts. It’s also known as a Knock Out clause, a Sale of Other Property contingency or simply a contingent contract. A Kick Out provision is actually an addendum to the contract that takes into consideration the sale of another property […]
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The Title Commitment is important to a buyer because it discloses what type of coverage they will receive and the limitations to that coverage.
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