Thursday, September 17, 2009

More Information Ohio Mortgage Society Breakfast Meeting

We broke bread with some great members this morning.It's great to see folks in the industry that I haven't seen in years. The topic presented was timely - "Short Sales". Lots of good information. We have buyers and sellers who are getting involved in short sales and ask us how to get it started. Our advice has always been to tell them the seller should call their lender and learn from them. After the meeting this morning, that advice still holds even stronger, If you are contemplating a short sale CALL THE LENDER AND GO FROM THERE.
We can then take care of the title and settlement side. That is our forte' and pleasure to serve all parties involved.

Wednesday, September 16, 2009

REAL ESTATE TITLE INFORMATION OVERLOAD!

I’M ON INFORMATION OVERLOAD!


I just returned from two days at Saw Mill Creek where the

100th OLTA (Ohio Land Title Association) convention was held. Bridget and Renee also attended and we sat through 9 hours of continuing education, which is necessary to maintain our title insurance license.

Did you know that we are an insurance agency? We are agents of Old Republic National Title and
LawyersTitle Insurance Companies.
We have the privilege of insuring the title to the American Dream – an awesome responsibility.
The title industry, being part of the real estate industry, is going through some changes. One of the most significant being the HUD1 closing statement sellers and borrowers receive at their closing. It will look somewhat different – remember this is a government form. One of the items is about your choice of a title company and the lender’s role in this decision.
Buyers will be more involved in the choice of a title company.
Buyers should be shopping around for service and fees. Most Fees such as title insurance rates and the transfer tax are the same regardless of the title agency. Other fees can vary – but not by much. Great service should be a priority! This whole process can be stress inducing and using a title agency that specializes in A1 customer care, can relieve stress. We shine in keeping life simple for you.

I’m not saying other title agencies aren’t any good – we just know how to take care of you better at Gateway Title.

Do you know you have a choice to make when it comes to who does your title and escrow closing?

Choosing Gateway Title and giving us the opportunity to serve you, would make everyone here very happy.