Title Business
By Lydia Blair Special Contributor We’ve all heard about the two things you can’t avoid – death and taxes. Just like there is a life cycle, there is a property tax cycle. The tax cycle is a lot easier to predict. This life cycle of property taxes follows the same pattern every year. If you’re…
By Lydia Blair Special Contributor Property taxes are the talk of the town right now. Municipalities all over the Metroplex are proposing tax rate increases on top of the frequent increase in property values. This year’s tax bill may be a double whammy for our already steep homeowner taxes. If you’re thinking of avoiding those…
By Lydia Blair Special Contributor Buying or selling a home can be complicated. And the lingo and jargon of escrow officers, lenders, and real estate agents can be baffling to those not in the industry. To help decipher, here are definitions of some frequently used title business terms. This isn’t Webster’s Dictionary — it’s Lydia’s…
By Lydia Blair Special Contributor One of the most common mistakes and needless expenses that home sellers encounter involves the survey section of their sales contract. Despite the bold type and plain English, there are often disputes and confusion about providing a survey. The survey section is on page 2 of the standard TREC contract.…
By Lydia Blair Special Contributor Texas Department of Insurance (TDI) recently released the 2016 Title Agent Statistical Report. Yes, this is now the summer of 2018, so those stats are a bit dated. What can I say? It’s a government agency. TDI licenses and oversees all title agents in Texas. Our state’s title insurance business…