title business
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.…
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By Lydia Blair Special Contributor A hidden hazard on your property is not the kind of thing you’re going to stub your toe on. At least not the kind of hidden hazard that we’re talking about here. In the title business, a hidden hazard is an issue that is not uncovered in a traditional search…
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By Lydia Blair Special Contributor When putting a contract on a property, a buyer can usually expect to write two checks to accompany their contract — an option fee check and an earnest money check. There is no strict rule about how much each of these checks must be. The amount of this up-front money…
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By Lydia Blair Special Contributor There are lots of kinds of insurance. There’s homeowner insurance, auto insurance, health insurance, life insurance, liability insurance … You can insure just about anything of value. “We focus mostly on property and casualty insurance,” says insurance agent Amanda Campbell of Smith Allen Insurance. But she and other insurance companies…
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By Lydia Blair Special Contributor A Title Plant is not a big factory that produces property titles. Nor is it a flowering bush used in real estate transactions. A Title Plant – also called an Abstract Plant – is an operation used as the basis for delivering title insurance. The main focus is on historical…
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