Title Business

Title Tip: TREC Changes The Rules Regarding Escrow Money

By CandysDirt.com Contributor / March 28, 2018 /

By Lydia Blair Special Contributor The Texas Real Estate Commission (TREC) recently updated the standard residential contracts to now address policies regarding deposits of earnest monies. These changes become mandatory May 15, 2018. On the first page of the newly updated Texas contracts, it states that “Within 3 days after the Effective Date, Buyer must deliver $___…

Title Tip: When Buying or Selling, How Do You Deal With an HOA?

By Joanna England / March 21, 2018 /

By Lydia Blair Special Contributor Dear Diary, OMG. My HOA is sooooo horrible. They’re, like, the worst ever. I mean, it’s like the mean girls of the school. I can’t even. They’re just trashing my entire experience. Like, totally! Turns out my condo isn’t warrantable. As if. And that rush fee they charged ate my…

Title Tip: Why Every Sale Requires a New Title Policy

By CandysDirt.com Contributor / March 14, 2018 /

By Lydia Blair Special Contributor When it comes to title insurance policies, there are no hand-me-downs. No recycling. There are no “slightly used” policies available. It doesn’t matter if a property has been owned a year, a month or a week. When a property is sold from one person to the next, a brand-new title…

Title Tip: Why Are Title Companies Closed on Weekends?

By CandysDirt.com Contributor / March 7, 2018 /

By Lydia Blair Special Contributor Realtors work weekends. It’s just part of the business. The real estate industry operates seven days a week, with agents showing homes and submitting contracts any day of the week. To be successful, there isn’t an easy way around it. So why aren’t title companies open on weekends as well?…

Title Tip: Marital Status When Buying or Selling a Home

By CandysDirt.com Contributor / February 28, 2018 /

By Lydia Blair Special Contributor Your friendly title company representative wants to know if you’re married. How flattering, right? Not exactly. Asking about your marital status isn’t a come-on or a pick-up line. At least not when it comes to a real estate sale. When someone in a real estate transaction – either the buyer…