Title Tip

Title Tip: What Does Your Closing And The Coronavirus Have in Common?

By Lydia Blair / July 14, 2020 /

What do the novel coronavirus and real estate closings have in common? Hopefully not that much. But now that I think about it, there are some dynamics that both a pandemic and a real estate transaction share. Regardless of how much or you plan or what precautions you take, unpleasant things can happen. Just like…

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Title Tip: Title Theft Protection, Insurance, or Monitoring

By Lydia Blair / June 30, 2020 /

You may have seen the ads or heard the buzz about companies offering title monitoring services or “title theft protection.” Are they legitimate or just a scam? Is there any real value in these services? First, let me clarify that “title coverage” offered by some of these unregulated companies is not title insurance. They do…

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Title Tip: The Dos And Don’ts of Using an Electronic Signature

By Lydia Blair / May 19, 2020 /

The real estate industry has been ramping up its use of technology to conduct business over many years. Now, more than ever, buyers and sellers frequently execute signatures to seal the deal on contracts for efficiency and convenience. Digitally signed real estate contracts became more popular about 15 years ago with the passage of electronic…

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Title Tip: When is a Foot Not a Foot? U.S. to Change Official Measurement

By Lydia Blair / April 21, 2020 /

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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Title Tip: 2019 Data Shows How Texas Ranks on Closing Costs

By Lydia Blair / April 7, 2020 /

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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