Buying or selling real estate can be a complex process that involves a lot of paperwork, legal documents, and negotiations. One of the most critical components of any real estate transaction is the closing and escrow process to provide a clear title to a property. Having a clear and marketable title is crucial for any real estate transaction, as it protects both the buyer and the seller from any potential legal disputes or claims to the property. Choosing the right…
It’s Spring time! That means school’s out and many families across the U.S. are planning vacations. Whether it’s a few days or a couple of weeks, if you’re planning a vacation, it’s important to make sure your home is safe while you’re away. So, before you catch a flight, board a train, or drive off in your car, take time to protect your home against threats of burglary and damage. Here are some tips on how you can protect it. …
Buying a home is an exciting and emotional time for many people. To help you buy your home with more confidence, make sure you get owner’s title insurance. Here’s 7 Reasons Why It’s Important: If you are still unsure on whether you should purchase owner’s title insurance, call Whipple Title at 330-477-3589 and speak to one of our licensed title agents who can explain your options and answer any questions you have. We are always here for you, so call…
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for. What Are Closing Costs? People are sometimes surprised by closing costs because they don’t know what they are.…
You’ve found the home of your dreams, made an offer and your offer was accepted. Congratulations on your new home purchase! But now what? Now the countdown begins to a “closing” or the “close of escrow.” This is a process that will take a little time. This process likely started with decisions specified in your offer. After your offer is signed, most real estate contracts or purchase agreements identify who will handle the closing or escrow. Depending on where you…
This is a question you might face when it comes time to sell your place. Basically, it means that before this transaction can go through, you’ll have to deal with this lien, which is placed on property by entities that claim you owe them money. Here’s everything you need to know about what happens when you have a lien on your house. What is a lien? A lien is a legal notice that’s placed on file due to an unpaid debt.…
Every property has a history of owners. That history is called a title chain. When a link in the chain has a problem, it’s called a title defect, or a cloud on the title. No matter how small the problem is, any title issue must be resolved in order to offer a clear title to the buyer. When purchasing a home, you may view title insurance as an unnecessary cost. However, title insurance provides protection for both the seller and the…
National Gratitude Month in November encourages us to embrace the power of gratitude. Gratitude is more than simply saying “thank you.” Gratitude’s amazing powers have the ability to shift us from focusing on the negative to appreciating what is positive in our lives. Practicing daily gratitude gives us a deeper connection to ourselves, the world around us, and to our Creator. Everything in our lives has the ability to improve when we are grateful. Research has shown that gratitude can…
Since 2004, the President of the United States and Congress have declared October to be Cybersecurity Awareness Month, helping individuals protect themselves online as threats to technology and confidential data become more commonplace. The Cybersecurity and Infrastructure Security Agency (CISA) and the National Cybersecurity Alliance (NCA) lead a collaborative effort between government and industry to raise cybersecurity awareness nationally and internationally. October is National Cyber Security Awareness Month (NCSAM). This designation has been observed in the United States since 2004, when…
Buying a house is one of the biggest decisions you can make, and it’s a huge milestone in your life. And whether you’re buying a house for the first time or the fifth, you want to make sure you don’t accidentally sabotage your chances of getting the house you want. And that’s why it’s so important to never apply for new debt when you’re trying to close on a house! Adding new debt when you’re trying to buy a house…