Real Estate Actuality

"For Sale By Owners" More Determined Than Ever!

2011-07-26T12:56:00.000-04:00

We, at Gateway Title, truly are "FSBO"(For Sale By Owner) experts.
This has been our niche' for 15 years and we have seen it all!
Before 2008, sellers would put their house on the market "by owner" to try it for a couple of weeks.
They usually set the asking price too high with the thought of making a real killing in a seller's market!
After a couple of weeks, if the property is not sold, the sellers call a real estate agent and list at a true market price,it sells and they pay a commission.
Then of course, the past 3 years have been pretty dead. They go "by owner", then list, and when it expires go back to FSBO or, in total frustration, take it off the market completely!
Now the "For Sale By Owners" are coming back with a determination I have never seen before.
They order our "Starter Kit" and also, as never before, read every word and call to "Smart Start" the title work (saves them $$).
They are tuned in to the real market value, they refuse to have to pay comission, many times,
they offer modest
closing credits to a buyer, and THEY ARE SUCCEEDING!
It seems like Gateway is part of the FSBO underground because we get so many request from sellers who were referred by other buyers and sellers. Folks come out of the blue to use our services and we absolutely LOVE it!
We hope this activity is an indication of an improving market for all.
Heaven knows a better economy is what we're all praying for!
PS. Don't stop praying...We think it's working!

SELLING BY OWNER IS NOT FOR EVERYONE

2011-07-18T17:20:00.000-04:00

Selling by owner is definitely not for everyone and no one knows this better that we at Gateway Title.
About 14% of real estate sales are done by the owner.
The percentage who try and give up are much higher.
Before you go FSBO ask yourself this:
Do you really know what the current market value is and are you willing to be honest about your asking price?
Will you be able to "get out of the way" when others make comments about the property?
Can you negotiate for your self ?
Do you really understand the required paper work?
Do you know how to advertise the property on the Internet?
These are only a few of the questions to ask yourself.
We have helped thousands of sellers succeed - but it's not for everyone.
To find out if it is for you, give us a call or stop in and chat.
We'll be happy to help you.
www.gatewaytitle.com or call 440 546 9660

FOR SALE BY OWNER SUCCESS ON THE RISE

2011-07-18T17:02:00.000-04:00

We have seen many sellers become very frustrated because selling by owner is not as easy as they thought. They guess at the market value of their property. They become offended at others remarks. They don't know how to negotiate for themselves and loose offers. Too eager and don't insists buyer be pre-qualified. They accept contingencies that bomb. It gets worse. They feel they know what to do and they don't.
We know this is a problem so we offer free Seller's Classes and bring to sellers the experts to help you. We have a free kit which shows you all the basic facts on getting a real estate deal closed.
We have a lender who explains what pre- approval is and how to use it.
The attorney's free contract is explained.
Pricing and staging is featured along with many helpful tips to lead to a successful sale.

Getting through a real estate deal smoothly is such a relief to sellers. Happy, relaxed customers are our goal
We really do "Keep Life Simple" for "For Sale By Owners".
If you are an Ohio seller:
We can be contacted easily at www.gatewaytitle.com or 440 546 9660 - you can "Like" us on FaceBook too!

Buying His First Home

2011-07-16T00:01:00.000-04:00

We just love when we make people happy!

Wed. 12:oo noon - a very nervous young man comes in to sign his papers to buy his first home. He was so excited as he told me how he found the house... 2 hours later the sellers came to sign, they were selling their Mom's home to him. She thanked us for making it so easy and saving them a lot of costs. It feels right to be able to help others. Thanks for your trust in my company.

Real Estate Actuality: http://www.dailyreferral.com/43343 this is how you...

2011-07-13T10:07:00.000-04:00

Real Estate Actuality: http://www.dailyreferral.com/43343 this is how you...: "http://www.dailyreferral.com/43343 this is how you register to get the fantastic deals at Daily Referral. Daily Referral is part of a busi..."

2011-07-13T10:06:00.000-04:00

http://www.dailyreferral.com/43343 this is how you register to get the fantastic deals at Daily Referral.
Daily Referral is part of a business that Mike and I doing in addition to our "regular businesses -Gateway Title and The Realty Store.
We believe this company "Invado", is an important link to future security regardless of the condition of the economy and in particular, real estate.
If you also have concerns about your financial future, please contact me at rachel@gatewaytitle.com
or call 440 546 9660 to take a closer look at this business.
In the mean time, register with Daily Referral (above) to reap the rewards of group buying.
Thanks,
Rachel Torchia

Real Estate and Title Companies - How's The Market?

2011-05-24T10:42:00.000-04:00

The number one question I hear is....
How are you guys doing?

Aside from the fact that this is a down real estate market,
we certainly are constantly challenged by outside forces such as:
• Banks that own their own title company and think they are entitled to make more money off the consumer with title and closing fees.
• Real estate agents that own their own title company and think they are entitled to make more money off the consumer with title and closing fees.
• National title insurance underwriters who form a title company with banks and lenders thereby cutting out their own independent agencies so they make more money.
• Consumers who are afraid to speak up for themselves and let others take advantage of them!
Other than that, we have no problems.
We are doing better than most other title agencies.
The last figure I heard was over 50% have closed their doors
That saddens me.
On the brighter side…
We have many loyal clients who Trust their Title to Gateway and refer others to us.
For them, I am grateful.
Please, give us a call for you and your family’s title and escrow needs.
We’ll be here for you.

Thanks for Asking,
Rachel

Real Estate Actuality: Waiting for the Housing Market to Recover?

2011-05-22T12:55:00.001-04:00

Real Estate Actuality: Waiting for the Housing Market to Recover?: "Waiting for the Housing Market to Recover? Most of us have, over the years, heard many motivational speakers where we’ve heard how to g..."

Waiting for the Housing Market to Recover?

2011-05-22T12:55:00.000-04:00

Waiting for the Housing Market to Recover?

Most of us have, over the years, heard many motivational speakers where we’ve heard how to go out and succeed.

We spend money to get involved in many training programs that promise to help us succeed and come away from them thinking “this is the one that will work, I’m really gonna do it this time” Then what happens?

Did you make it work or are you like most and never work at it?

Which of those plans are you following to get business this year?...Or are you looking for new motivation?

It really doesn’t matter - remember “If it’s to be, it’s up to me”?

All programs work if you work them.

You can’t change the BIG picture of the real estate market, but you can change yours and that is usually the more difficult task!

How are you going to survive for the next 2 years? (Predicted time for market to get better)

It’s time to apply those activities you all ready know you should be doing.

Look in the mirror, I’ll bet that person in the mirror knows….LISTEN.

Tell me what you hear.

Advertise your Home For Sale - f.ree and easy

2011-05-12T12:14:00.000-04:00

I have a serious challenge for you hopeful real estate sellers....

PUT THE ASKING PRICE ON A BIG SIGN!
You wonder why? It makes sense. You are not looking for buyers to call about price so you can show them other homes for sale. You want real prospects. Not lookers who find out they can’t afford it anyway.
Let’s pretend you are looking for a home to buy.
Picture yourself driving through the neighborhood.
You spot a home for sale that you love.
You call to see it and find out it too expensive for you or you go to the open house only to find out it is out of your affordability range.

Now picture this: You are driving, see a house and in front is a “for sale” sign and the price is written right on it. If it is not in your price range – drive on by and waste no one’s time.
But wait what if the asking price on the sign is in your ballpark? You fall in love and make an offer!
This does work for sellers who are not afraid to think “out of the box”.

Now, back to your reality:
Selling a property can be difficult in these times. Give yourself all of the marketing advantages possible.
I am convinced if more sellers put the property “on sale” along with the asking price, the buyer would show up faster. You only need one!
It WORKS! - do it and send me your story.

A new Twist On Marketing Real Estate

2011-04-12T07:53:00.000-04:00

Social Media is becoming the newest way to market and advertise real estate listings.
You can create your own Facebook page.
Put your property information on your Facebook page and share with others to see.
Open houses are posted on Personal Facebook pages.
It's free and easy to do.
Real estate agents are using to the max - even doing ads on group buying sites for special discounts!
Gateway Title uses facebook to keep consumers informed and market company services. (Make Gateway Title your friend by "liking it" on Facebook).
Consider All posibilities when you are selling.
Sign upon for online buying groups to see what others are doing.
I am an Invado representative and am including the information to sign up for the newest in Network marketing. Explanation of Daily Referral: a combination of group buying & social networking.Helps businesses market their products/services effectively and businesses only pay when they make a sale. to register, go to this website: www.prelaunch@dailyreferral.com sign in with ID#43343, check your email & verify. Sign up for Both your business and you - contact me if you have questions - Rachel

REAL ESTATE CONSUMERS FALL VICTIM TO INDUSTRY GREED

2011-03-30T10:00:00.001-04:00

The phrase I hate to hear …

“Hey, we just bought a new house! You know, we wanted to use your Gateway title company, but the real estate agent said we had to use their in-house title company and we were afraid they would mess it up if we didn’t use their agency”

It is very difficult for me to keep my composure when I know the truth about “steering” and RESPA violations the agent has committed.

Did you know the consumer has the RIGHT to choose the title company to insure the closing of their real estate deal?

It cannot be a condition of the purchase or mortgage loan (lenders also “steer” to their in-house title agency).

Many consumers know they can choose, but are afraid to exercise their rights.

I’ve been educating as many consumers as I possibly can for the past 15 years.

I’ve seen the damage joint business venture title companies have caused the title industry.

Title and escrow by definition are to be handled by a disinterested third party to all when insuring and closing a real estate transaction be it a purchase or refinance.

Question of the day: How can a real estate or lender owned joint business title agency, be a disinterested third party?

Answer: they make extra money on the title and escrow, therefore,

THEY CAN”T!

I am happy for the new home owners, but I am sad that we have again fallen victim to the greed of some companies in our real estate industry.

Stalker Home Sellers Scare Away Potential Real Estate Buyers!

2011-03-04T15:54:00.000-05:00

Stalker-ish sellers. I know you think you’re being helpful, walking the buyer through your home and pointing out the wagon-wheel light fixture you made with your own two hands, the custom mural of a stingray you paid top dollar to have painted across your living room wall and the way the sounds of happy schoolchildren running across the front yard of your corner lot to get to the school in the next block lifts your spirits. However, the buyers might be trying really hard to ignore, minimize or figure out how to undo the very features of your home you hold dear. They also may want or need to have personal space and conversations with their mate or their agent while they’re viewing your home - you being there, especially walking right alongside them while they’re in your home, prevents them from being comfortable about doing this, or discussing all the things they would change if the home were theirs. In my experience, the more nit picky a buyer gets about a house and the more detailed their list of things they would change, the more serious they are about considering making an offer on this place.

What’s a Seller to do? Back off.
If you are selling "By Owner", walk behind them and keep your mouth shut until they ask you a question and only answer what they want to know. This is very difficult to do but... TMI turns them off from looking.
If you are listed with an agent, let your home be shown vacant, or leave the house when people come to see it. If you need to be there, at least walk outside or go sit at the coffee shop down the way while prospective buyers view your home. If the buyers have questions, their people will contact your people.

Quote of the Week:
Keep away from those who belittle your ambitions. Small people always do that.
The GREAT make you believe you too, can become GREAT!

Real Estate Mortgage Rates On The Rise

2011-02-25T23:22:00.000-05:00

Read yesterday that Mortgage rates are creeping back up over 5%
The rate on the 30-year conforming mortgage has risen to 5.1% and is expected to rise even more in the coming weeks. What does this mean for the housing market as we come up on the Spring? Hopefully, those planning on buying will act soon, before they increase more. Could ...have a positive affect - expediting an early Spring market. What's your opinion?

For Sale By Owner Mistakes

2011-02-12T08:39:00.000-05:00

FSBO (For Sale By Owner) assistance is my speciality!
Yes, that's what I've been doing for the past 16 years.
FSBOs - Want to sell with as little cost as possible.
FSBOs - Don't like real estate agents.
FSBOs - Want control.
FSBOs - Sign contracts without checking on buyer's ability to qualify for a mortgage.
FSBOs - Make too many verbal agreements.
FSBOs - Sign an agreement with out of their area Internet real estate companies to get on REALTOR.com and don't realize they've "listed' their property!
FSBOs - Look for help from these agents and they don't get it unless they pay, pay, pay.
FSBOs - Often end up paying a commission to an agent who finds a buyer.
FSBO's - Some should be listed with a good real estate agent.
FSBOs - Need experts to work with to close their sale with less costs.
FSBOs - Should take the time to learn everything about closing costs, selling, and transferring title smoothly BEFORE they put their property for sale in this market.
FSBOs - Need a user friendly title company that will walk them through the closing.
FSBOs - Need my company, GATEWAY TITLE - even if they do end up selling with the assistance of a real estate agent.
FSBOs - ALL PROPERTIES are SOLD by the owner of that property - THINK ABOUT IT!
FSBOs - Can succeed and keep it simple..... let's talk!

How's The Real Estate Market Now?

2011-02-09T13:28:00.000-05:00

How’s Business?

I’ve always been an optimist so I should probably say “wonderful” but I would not be telling you the truth.
Why? My world depends on the real estate market and condition of the real estate market has been no secret …. I would imagine there’s not a person out there who is not aware of the condition of real estate in the past couple of years, things I never thought would happen, happened!
We’ve all seen banks failures, mortgage fraud, upside down mortgages, short sales, foreclosures. There are houses that have been for sale in the market for years.

Many businesses connected with real estate have closed, including many other title companies.
Gateway is still here taking care of people who need us.

I get a lot of calls and emails from those people who have questions about what is involved and what does it cost for title work when they are selling, buying and especially if they are refinancing… they know that they can pick the title company, and are shopping around more than ever in the past. I personally take most of their calls; it gives me a better insight to the market.
Now the optimist in me comes alive. This long snowy winter has had an effect on real estate, but the good news is a loosening up. I’m hearing from buyers and sellers who have a “deal” or are refinancing because banks rates are still good - but they are slowly creeping upward, and they want to get a mortgage before they go higher.
I always ask those callers how they heard about Gateway Title and they tell me they’ve used us before and we made it easy for them and they want to save money by coming back. They have been referred by a friend or relative, and of course, they have seen me on Golden Opportunities!

We are doing everything we can to get this market moving up.
Here’s how we help:
*You can get our famous, free starter kit for selling – just ask.
*Make an appointment for a free consultation about the paper work required, and explanation of the costs and how to save money.
*Sign up for our free informative newsletter.
*Attend a free workshop.
We are having a free real estate work shop to help explain what is needed to succeed in today’s real estate market - Saturday Morning, February 27, 2011 at 9:30 am – our office in Brecksville. Just give us a call or email to register for this workshop. Let me answer your questions and help you.

And when you ask me: “How’s business?” I will tell you “Looking better because of you”!

Call me at Gateway: 440 546 9660 or email me at Rachel@gatewaytitle.com

Ohio Real Estate Market on Feb.2, 2011

2011-02-02T16:26:00.000-05:00

Buyers Have Lots of Questions – Bring Them On!

We have had a definite increase on calls from buyers this year wanting to know about our services and fees.

The FSBO (for sale by owner) workshops are also an indication that sellers are of a new mindset, a moving forward attitude that this is the market- period! Sellers are adjusting to the market values and seemed to have stopped waiting for everything to go back up to what it was three years ago. That’s just not going to happen!

It does appear the market has bottomed out is slowly coming back, and that’s a GOOD thing, but will remain slow until next year when it will probably show a small price increase.

Sellers are also working on making their properties more attractive to potential buyers making those small repairs and staging so the property looks it’s best to potential buyers.

They know there is a ton of competition out there.

Buyers are savvier than they were and are shopping very carefully.

They are also shopping for lenders and title/escrow services. We have never had so many calls from buyers in the past. Many of them have been sent to us by sellers.

Talking to buyers and sellers and keeping their life as simple as possible is where we shine.

Give us a call, we love talking to buyers and sellers. We make the time for you!

Rachel

See my blog: www.realestateactuality.blogspot.com

PS. One thing we’re noticing- many buyers are buying from a family member or friend. We can help you with that and you pay no extra fees or commission. Keeping Life Simple for you.

The Truth About Real Estate Title and Escrow Fees

2011-01-25T13:38:00.000-05:00

Gateway Title - Feels Like The Lone Ranger

Are we the only REAL title agency left in the Cleveland area or
have the other remaining title agencies stopped taking phone calls from buyers/sellers and attorneys?
I ask this because we have been getting calls from people who need the help of a title company and tell us we are the only company willing to take the time to listen and help them. ....
Strange, we like getting business, don’t they?
True, the values of real estate are not what they used to be but business is business.
There is a glitch that is not always understood by sellers and borrowers:
Just because the property is really, really cheap, doesn’t mean a title company can do the required work really, really cheap.
Anyone in this business knows that the work involved in title and escrow is the same if the property is $8000, or $80,000 or $800,000!
For many consumers, it is hard truth to grasp.

We find the cheaper the property, the more title problems exist.

Regardless of the property value, if you are refinancing, selling and/or buying real estate, and you want it done correctly, you will need a really good, honest title company.

You need Gateway Title.
Let’s see if we can help you.
Give us a call – 440 546 9660

2011-01-24T11:27:00.000-05:00

A Great Time to buy a House
Have you heard that now is a great time to buy a house?
All of the “news” programs seem to be focusing on real estate.
The experts know that when the housing market comes back, the rest of the economy follows. It only makes sense.
This whole mess started with the collapse of the mortgage markets and sub-prime lending.
When mortgage lending is healthy, and the housing market is moving, there is work and it trickles down in some way to all of us from builders and supplies to the appliance manufacturer, to salespeople who work in the stores, REALTORS, your friends at Gateway Title and many, more. Stop and think about the impact a healthy real estate market can have on you and the rest of the country.
It’s no surprise. This real estate market gives buyers a rare opportunity to own a home in a market that is not falsely inflated. Lenders are shouting out- mortgage rates at record lows!
Sellers are not giving their properties away, but have adjusted values and offering homes in much better condition than they did in a seller’s market. If you have been hesitating in buying that home, hesitate no more. This is a great time to buy your piece of the rock and our economy needs you!

(Oh, by the way, please name Gateway Title in your contract so we can have the privilege to be your title company – Thanks!)

For Sale By Owner Free Help

2011-01-13T17:00:00.000-05:00

How to Sell Real Estate in this market ....
Class is scheduled for: Saturday morning at 9:30 AM.
Come to Gateway Title Class Room
8748 Brecksville Rd.
Brecksville, Ohio 44141
Please call Renee@ 440 546 9660
www.gatewaytitle.com
It is a Great Time To Buy .... sooooo
It's a Smart Time To Sell!

Everybody knows GATEWAY TITLE - the for sale by owner company!

2010-12-29T14:23:00.000-05:00

Well, not everybody - but we are a title company that has broken the "Invisible Barrier"
and are known to the general public!
How is did this happen?
A few tips:
Be an original! If you do what your competition does, it only serves s a reminder of your competition, and you don’t want to remind everyone of your competition do you? Don’t copy.
Be original.
Be unique
Be so original that your name and services become “generic’’ to your business or service. For example: Kleenex, FedEx, and Velcro.
When Gateway Title comes up, I hear:”you help For Sale by Owners”.
When I started Gateway Title, Gateway Stadium was just completed and people thought we were part of the land acquisitions for the area. We weren’t, but the “Gateway Title” name was familiar to the public immediately. “Torchia Title”, “RT Group”, MRT Title Agency” would have meant nothing to the public “Gateway “did!
To push further, I let the members of the media know about us and our service to for sale by owners. That netted many calls and interviews from them because our service was so unique. I advertised directly to the public and escaped the circle of sameness marketing that everyone else in my industry did for years.
I’ve always said that real estate title insurance and escrow service is the “Rodney Dangerfield” of the real estate industry. Taking our uniqueness to the public through “Power Positioning” is what made it work! What makes you and your business original? What does your name or “tag” tells others about you do? Find your unique factor, be an original and power position yourself to win!
Next: Can you make the ordinary extraordinary?

2010-12-09T13:12:00.000-05:00

An Obituary printed in the London Times -

Today we mourn the passing of a beloved old friend, Common Sense, who has been with us for many years. No one knows for sure how old he was, since his birth records were long ago lost in bureaucratic red tape.
He will be remembered as having cultivated such valuable lessons as:
- Knowing when to come in out of the rain;
- Why the early bird gets the worm;
- Life isn't always fair; and
- Maybe it was my fault..

Common Sense lived by simple, sound financial policies (don't spend more than you can earn) and reliable strategies (adults, not children, are in charge). His health began to deteriorate rapidly when well-intentioned but overbearing regulations were set in place. Reports of a 6-year-old boy charged with sexual harassment for kissing a classmate; teens suspended from school for using mouthwash after lunch; and a teacher fired for reprimanding an unruly student, only worsened his condition.

Common Sense lost ground when parents attacked teachers for doing the job that they themselves had failed to do in disciplining their unruly children.
It declined even further when schools were required to get parental consent to administer sun lotion or an aspirin to a student; but could not inform parents when a student became pregnant and wanted to have an abortion.

Common Sense lost the will to live as the churches became businesses; and criminals received better treatment than their victims.

Common Sense took a beating when you couldn't defend yourself from a burglar in your own home and the burglar could sue you for assault.

Common Sense finally gave up the will to live, after a woman failed to realize that a steaming cup of coffee was hot. She spilled a little in her lap, and was promptly awarded a huge settlement.

Common Sense was preceded in death, by his parents, Truth and Trust, by his wife, Discretion, by his daughter, Responsibility, and by his son, Reason.
He is survived by his 4 stepbrothers:
I Know My Rights
I Want It Now
Someone Else Is To Blame
I'm A Victim

Not many attended his funeral because so few realized he was gone..
If you still remember him, pass this on. If not, join the majority and do nothing.
An Obituary printed in the London Times -

TITLE and ESCROW TRUE CONFESSION

2010-11-10T16:06:00.000-05:00

I Just Don’t Understand Some People!

Last month we were involved with a seller who is highly respected in his industry.

(Obviously, not real estate)

He must be very accustomed to having everyone cater to him.

We did everything within our power to “Keep it Simple” for him as he “bullied” anyone in my company with whom he came in contact.

He invented his own rules and refused to cooperate so we could do our job.

He kept changing his appointment for signing (or didn’t come at all) He was four hours late the day he did finally show up, yelling and screaming at everyone!

He refused to listen when we explained the funding and disbursing of his sale and insisted it could be done his way. He made a fool of himself to his banker who had nothing to do with the disbursement of his funds.

He called me a litany of rude names because I could not legally do what he ordered.

He just gave us a scathing review – I’m not surprised but it still hurt.

I feel sorry for this man.

Why is he so bitter?

I wonder how many victims he leaves behind on his daily path.

I wonder if he knows any real joy in life.

Maybe someday he will know.

I just don’t understand how some people think!

Thank God, people such as him are in the minority.

2010-11-05T14:36:00.000-04:00

“Mr. Postman Bring me Some Mail”

Mail time is a popular time for us.
We look forward to reading the “report cards” our customers return to us after
we close their transaction.
The return rate is over 60% - that’s a very high percentage I’m told.
We all want to see our “grade”!
By far, they usually give us an “A” for Fantastic, a few check “B” for Above Average.
These marks are how we grade ourselves on the quality of care and service we give
our valued customers.
When there is anything less, we talk about why the customer feels this way.
Where did we fail in their eyes?
How did we mess up managing the moments of touch?
Excellent or not, the customer’s perception of doing business with Gateway Title is of
upmost importance to me and all of my staff, from answering the phones to disbursing the money.

Real Estate Title Customer’s Testimonials Are IMPORTANT to us

I’ve been asked why we post testimonials on Face book, the newsletter and
other publications. We send them out with our free real estate kit and on our email.
This title stuff is a very competitive business and, in general, most buyers and sellers don’t know
They can pick the title company, simply by calling they can get free quotes and support.
I have built this company on smart buyers and sellers who understand this and freely recommend us to others who buying, selling or refinancing.

Real Estate Title Customers referrals are GOLDEN!

I let you peek into our mail and learn what our customers say about us.
That’s why you’ll see a testimonial or two on everything I write.
I want the whole world to know how passionate we are about SUPER SERVICE

Mr. Postman, Bring Me More Mail!

The best thing about working with Gateway Title: "Ease of completing all the paper worl & having questions answered when ever we needed." - Anthony and Jennifer S. - Broadview Hts.

Real Estate Actuality: THIS REAL ESTATE MARKET WON"T BEAT ME

2010-10-25T15:25:00.000-04:00

Real Estate Actuality: THIS REAL ESTATE MARKET WON"T BEAT ME: "Title & Escrow. .. An Independent Agent Thinks Out Loud They must think I’m crazy. Why do I keep GATEWAY TITLE going when the “going” is..."

THIS REAL ESTATE MARKET WON"T BEAT ME

2010-10-25T14:39:00.000-04:00

Title & Escrow. .. An Independent Agent Thinks Out Loud

They must think I’m crazy.

Why do I keep GATEWAY TITLE going when the “going” is so tough?

Why not retire and get out of this real estate mess that has dominated for the past 2 years?

Why put up with so many lenders and underwriter’s joint business ventures that attempt to steer customers away from me?

I do it because this is our family business and I’m not going to let “them” beat me!

I do it because I love the business.

I do it because I know we provide a wonderful, one of a kind, title and escrow services.

I do it because the industry needs honest, independent title agencies like GATEWAY.

I do it because our special sellers and buyers need us.

I do it because this is my dream.

I do it because I have earned the trust of consumers and I’ll never let them down.

I do it because of the referrals we get from prior customers – they keep us going!

I do it because this business is my PASSION .

I do it because I’ll never let “them” beat me!

I might be a little crazy …

But this is why I do it!

Rachel A. Torchia, Owner/President
GATEWAY TITLE
Brecksville, Ohio

Selling Real Estate?

2010-10-21T10:29:00.001-04:00

It only takes ONE!
This is the time of year that we find many sellers wanting to withdraw from the real estate market until next spring.
Why does this always happen?
Do you have any idea how many people buy homes in October, November and December?
I did. Did you?
Why would sellers take the chance of missing that buyer?
There are other good reasons to stay in the market
* The "lookers" are gone.
* Most who look, have already sold and the "need to buy" is critical.
* When they are out looking...they're serious!
* You have LESS competition!
It only takes one offer to buy. Why do sellers think they have to wait until spring?
Smart Sellers do NOT take their property off the market.
If you are selling, what have you decided to do?
Take it off the market or SELL IT?

All Are For Sale By Owner

2010-10-13T12:11:00.000-04:00

I never cease to by amazed by the comments real estate sellers/buyers make concerning buying and selling their property.
Sellers: "I'm not going to give it away"
Buyers " I want to steal a property when it comes to selling price"
Where's the common sense?
It's an historical fact, that, when you "sell high" - you "buy high".
and then when you "buy low" - you also "sell low"
They run parallel.
Does this make sense so far?
So why are so many thinking they will be able to out smart the market and "sell high" and
"buy low"?
In my 30 years in the real estate industry, I can tell you that kind of a market does not exist!
It just doesn't happen that way.
Common sense tells us it's one or the other.
There can be a win-win in any type of market.
You may not get the price you want, but you also will pay less for the one you buying!
Remember in the olden days, you may have gotten a better price but you also paid more when you bought.
So you still win!
This really is a great time to enter the market as a Smart Seller/Wise buyer. Low interest rates are a real motivator and that's where you really come out a winner!

Favorite Message To My Friends..

2010-10-11T08:31:00.000-04:00

Some people come into our lives and quickly go.
Some people stay for a while, and give us a deeper understanding
of what is truly important in this life.
They teach our souls.
We gain strength from
the footprints they have left
on our hearts and
we will never be the same.
....Flavia

ForSaleByOwner.com and Gatewaytitle.com - Winning Combination!

2010-10-08T16:51:00.000-04:00

First Impressions Last for Just One Week

When you’re selling a house, you get one week to capture the interest of potential buyers. That’s it.

Longtime real estate journalist Mary Umberger recently reported that two recent studies in the U.S. and New Zealand came up with the same results: that an online listing captures four times as many views in its first week as it does a week later. After that, traffic to the listing, and buyer interest, fall off a cliff.

What does this mean to anxious sellers?

One thing: get it right the first time. There is no room to ‘test’ a price or update photos depicting a cleaner, brighter, less cluttered house. Serious househunters check every day for new listings. If yours does not appeal on the key elements – price, condition and location – they will move on and never look back.

There’s not much you can do about location. But you have full control over price and condition.

Price is the hardest to get right. Real estate agents tout their “market analysis,” which compares your house in size, condition and price to those that recently sold, and those that are currently on the market. It’s not hard to pull together this information on your own. Either way, this type of ‘market analysis’ lacks one vital component: it’s untested with lenders. That’s why ForSaleByOwner.com recommends that sellers always get an appraisal from a licensed appraiser. Appraisers work with lenders to independently validate the selling price of a house.

When you base your selling price on a current appraisal, you are aligning your price with what lenders are likely to accept. That dramatically increases your chance of getting an offer that a a lender will support with a mortgage. And that’s the end game of a strong first impression.

From: Forsalebyowner.com

Gateway Title is a preferred provider of Title and Escrow services to forsalebyowner.com customers

Foreclosure Lawsuits Starting In Ohio

2010-10-07T10:59:00.001-04:00

Just when we think we have a handle on what is happening, something new pops up to rock our world!
This article came to me via email today. It will affect many who are involved in a short sale from the buyers, sellers, Real estate agents, banks to the title company.
Attorney General Cordray Files Lawsuit Against GMAC Mortgage -10/6/2010

(CLEVELAND) — In a lawsuit filed today against GMAC Mortgage, LLC and its parent, Ally Financial Inc., Ohio Attorney General Richard Cordray accuses the loan servicer and its agents of filing fraudulent affidavits to mislead courts in hundreds of Ohio foreclosures.

"We know that as Ohioans were fighting to save their homes, this loan servicer benefited financially from the dire circumstances," said Cordray. "Instead of stepping up and assisting those at risk of losing their homes, it is clear that GMAC chose to compound the problem through fraudulent and unfair and deceptive practices."

According to the lawsuit filed today in Lucas County Common Pleas Court, GMAC and its employees committed fraud on Ohio consumers and Ohio courts by signing and filing hundreds of false affidavits in foreclosure cases. The fraud came to light after a GMAC employee, Jefferey Stephan of Sellersville, Pa., testified in a foreclosure case out of Maine that from 2006 to 2010, he signed thousands of affidavits without verifying the content.

Through the lawsuit, Cordray is asking the court to grant a preliminary and permanent injunction preventing GMAC/Ally from proceeding to foreclose in any pending Ohio case or allowing the property to be sold. Cordray is also asking for civil penalties of up to $25,000 for every violation of Ohio's Consumer Sales Practices Act and for consumer restitution.

As a result of similar reports regarding depositions taken by a JPMorgan Chase and Bank of America employees, Cordray today also requested that JPMorgan Chase and Bank of America suspend moving toward a judgment, sale, eviction or property transfer involving any foreclosure case with affidavits signed by those employees. Cordray also sent letters to Wells Fargo and Citibank, requesting that the banks meet with his office to discuss foreclosure affidavit procedures.

According to recent statistics from the Ohio Supreme Court, the wave of foreclosures in Ohio has shown no signs of receding. In the first half of this year, there have been 45,930 foreclosures in Ohio, which is ahead of last year's record-breaking pace. From 1995-2009, Ohio foreclosure filings quadrupled.

In July 2009, Cordray was the first attorney general in the nation to file a lawsuit against a loan servicer for violations of the state's consumer laws. His office currently has cases pending against three loan servicers: Carrington Mortgage Services LLC, American Home Mortgage Services Inc. and Barclays Capital Real Estate dba HomEq Servicing. Last month, a Montgomery County Common Pleas Judge affirmed Cordray's case against HomeEq by overruling the defendant's motion to dismiss which has cleared the way for Cordray's case to move forward.
Want to read the documents? See below:
To view today's lawsuit and exhibits, visit www.OhioAttorneyGeneral.gov/GMACLawsuit.
To view the letters sent to the national banks, visit www.OhioAttorneyGeneral.gov/GMACBankLetters.
To read Cordray's opening remarks at today's press conference, visit: www.OhioAttorneyGeneral.gov/GMACCordrayRemarks.
To view the latest foreclosure statistics from the Ohio Supreme Court, visit: www.OhioAttorneyGeneral.gov/SupremeCourtForeclosureStats.
To view a recent report on Ohio foreclosures from Policy Matters Ohio, visit: www.OhioAttorneyGeneral.gov/PolicyMattersForeclosureReport.

Smart Sellers Call Gateway - Sell Successfully!

2010-09-14T17:20:00.000-04:00

Smart Start
Seeking sanity
Seriously Saves
Supportaive Staff
Stress less Situation
Successful Sale!
Gateway Title - Keeping Your Life Simple

Sellers Seeking Sanity

2010-09-14T17:06:00.001-04:00

Saavy Sellers
Seek Sanity
Seriously Save by
Smart Starting title work
Supportive Staff +
Successful Sale!
Gateway Title < Tried and True

A STINKY TITLE!

2010-08-25T12:52:00.000-04:00

It seems most every one now a days is looking for ways to make and save money and when it comes to real estate, a lot of "stinky titles" are being created in the name of cutting the cost of buying/selling real property.
I hear: " It's a cheap property, only $15,000 and I don't want to pay any closing costs"
I say: "Do you have $15,000 to throw away?"
They say: "Of course not. Why?"
I say: "Because the title to this property may be encumbered more than $15,000 and if you accept a quit claim deed for acquiring this title, you will get the property PLUS all of the liens, taxes and encumbrances and do you know if it has an insurable marketable title history?"
They say" Oh my gosh!"
Most of the time, they decide to do it the "right "way with a title exam, escrow closing ET all and have peace of mind with the purchase...... and........
Sometimes, THEY DON"T! < good luck with that!

"Law of Attraction and Selling Real Estate"

2010-08-20T14:35:00.000-04:00

When real estate exhaustion sets in and you are mentally exhausted, it's time to rethink your thinking!
If you say "it sucks" ....it sucks!
If you believe it won't sell, it probably won't sell!
So what do you really want? A BUYER!
What is your attitude and what do you say to people asking about your property?
You set the tone. If you give off "bad depressed vibes". they feel those "bad depressed vibes" = DEAL KILLER!
Rethink your thinking. Understand "Law of Attraction" It's not hocus pocus voodoo. It's plain commen sense.
Rid yourself of "stinkin' thinin'" The results will AMAZE you!

Moving On With Real Estate Thought

2010-08-16T14:52:00.000-04:00

Every day you choose whether you will stand in today and stare at yesterday, or stand in today and prepare for tomorrw... R. Flint.
Avoid real estate exhaustion by preparing for tomorrow, today!

Sharing Email From An Old Friend Who Remembers

2010-08-12T15:00:00.000-04:00

To Rachel:
An Obituary printed in the London Times –

Today we mourn the passing of a beloved old friend, COMMON SENSE, who has been with us for many years. No one knows for sure how old he was, since his birth records were long ago lost in bureaucratic red tape.

He will be remembered as having cultivated such valuable lessons as:
- Knowing when to come in out of the rain;
- Why the early bird gets the worm;
- Life isn't always fair; and
- Maybe it was my fault..

COMMON SENSE lived by simple, sound financial policies (don't spend more than you can earn) and reliable strategies (adults, not children, are in charge). His health began to deteriorate rapidly when well-intentioned but overbearing regulations were set in place. Reports of a 6-year-old boy charged with sexual harassment for kissing a classmate; teens suspended from school for using mouthwash after lunch; and a teacher fired for reprimanding an unruly student, only worsened his condition.

COMMON SENSE lost ground when parents attacked teachers for doing the job that they themselves had failed to do in disciplining their unruly children.

It declined even further when schools were required to get parental consent to administer sun lotion or an aspirin to a student; but could not inform parents when a student became pregnant and wanted to have an abortion.

COMMON SENSE lost the will to live as the churches became businesses; and criminals received better treatment than their victims.

COMMON SENSE took a beating when you couldn't defend yourself from a burglar in your own home and the burglar could sue you for assault.

COMMON SENSE finally gave up the will to live, after a woman failed to realize that a steaming cup of coffee was hot. She spilled a little in her lap, and was promptly awarded a huge settlement.

COMMON SENSE was preceded in death, by his parents, Truth and Trust, by his wife, Discretion, by his daughter, Responsibility, and by his son, Reason.

He is survived by his 4 stepbrothers:
I Know My Rights
I Want It Now
Someone Else Is To Blame
I'm A Victim

Not many attended his funeral because so few realized he was gone..

If you still remember him - share this. If not, join the majority and do nothing.

Deb

FRAUD:Everything Old is NEW again!

2010-08-12T10:34:00.000-04:00

EVERYTHING OLD IS NEW AGAIN!!
MORTGAGE FRAUD HEADLINES IN THE NEWS!

From a past posting ALMOST a year ago –September 2009....
Last Thursday morning, as I settled in to my cup of coffee and turned on the TV, I listened to the comments on Senator Ted Kennedy’s passing, the first day of school chatter and then WHAM! MORTGAGE FRAUD INDICTMENTS IN CLEVELAND!
I woke up very quickly and it had my full attention. This kind of news always gets my attention and it is too few and too far between.
I was familiar with some of the names mentioned. I think were are 35 people
indicted in this wave.
My title officer and I just shake our heads.
We have known for years this was happening. Our customers would want us to do the title work. We would look at the paper work and tell them what they were getting themselves into was a scam and we would have no part of it.
Within a week or two we would see on the records that another title company had “closed” it. We contacted local authorities to tell then what was happening.
It fell on deaf ears!
I think independent title agents are the “watch dogs “of the real estate industry. Most of this fraud would not have happened if the mortgage brokers did not own the title agency that looked the other way and closed them. This ownership is not illegal. Law permits them to be in the title business. It’s like hiring the fox to guard the chicken coop!
Consumers have the power to choose the title agency to handle their transaction. The role of the title agency is to insure the title and conduct the settlement as a “disinterested 3rd. party”.
We are respected for our ethics.
Our buyers and sellers close with "peace of mind"
I can’t imagine why consumers would want it any other way!

Listening is a Habit at GATEWAY TITLE

2010-07-30T11:11:00.000-04:00

We are a "niche" title company that concentrates on working with "for sale by owner" buyers and sellers. It's our "niche" that has taught us patience, and caring in talking to consumers about their problems as they reach out for help from someone.We have become that "someone" buyers and sellers call to help solve problems.
Real Estate has really changed in the past three years. Appraisals coming in habitually low; buyers difficulty in getting loan approval; more sellers succeeding by owner selling to family members, neighbors, and friends of friends - (that's NOT a bad thing); Good Faith Estimates from lenders have importance; real estate agents spending less and less on paper advertising, more and more on free Internet advertising. Messed up titles more common; hard on sellers who have more problems than they knew.
More inquiries are now from buyers and sellers involved in short-sales looking for help!
A whole different real estate world out there!
This is just the way it is. We adjust and go on. Now, this is business as usual, the questions may be different than they were a few years ago but people don't change - They just want to know they matter and we will take time for them..... and we do!
Need help?
We can be reached at http://www.gatewaytitle.com/ / 440 546 9660

Who has the "Right " to choose? YOU, the consumer, does!

2010-07-28T17:01:00.000-04:00

INDEPENDENT TITLE AGENT SPEAKS OUT: HOW CAN A JOINT BUSINESS VENTURE TITLE AGENCY CONDUCT THEMSELVES AS A DISINTERESTED THIRD PARTY?

Hey you lender and real estate agent - Get out of my world!

Let the consumer exercise their right to choose.

"Rodney Dangerfield of Real Estate Industry"

WARNING: I GET SOMEWHAT PASSIONATE ABOUT THIS!

Remember the "no respect" guy, Rodney Dangerfield?

I've said for years that this is a fitting definition of the title industry.

We are the watch dogs of the American dream. We search, correct and insure the title to your real estate property. Most often, we are the escrow or closing agent who puts it all together following the written instructions on the contract and from the lender. We prepare the papers necessary and meet with you for signing. When all conditions are met, we literally transfer title from seller to buyer and record all mortgage documents. On your behalf, we make the required pay-offs,taxes and any other invoices submitted for items to be paid out of escrow.

The buyer gets the property and the seller gets the money, and we insure the Title! Usually everyone is happy.

We have an awesome responsibility and love what we do except we feel a little sad because very few consumers out there understand and respect how vital our role is in their transaction.

Did you know the consumer has the right to choose the title company they want, to fulfill that role?

Not the Lender. Not the real estate agent. YOU! You have the right to choose your own "disinterested third party" closing agent. Buyers and sellers agree on who will do title and escrow and that's who does it.

Period!

In the consumer's best interest, I wish agents, brokers and lenders would get out of the title business and stick to what they do best!

In many cases, the affiliate co-owned title agency has higher fees than an independent title agent because they are sharing the profit with the real estate broker or lender.

How is that better for the buyers and sellers?

Consumers, a little RESPECT Please, for your own title agent and the protection they provide for your American Dream!

Consumers do have a choice - educate!

Rachel's blog - www.realestateactuality.blogspot.com

Real Estate Sales Exhaustion Rx

2010-07-27T11:39:00.000-04:00

Keeping a POSITIVE OUTLOOK
There may be times when you feel like throwing in the towel and say "Out at any price!" You're not alone in these feelings but be aware that this is a psychological trap.
One of the most negative things you can do is to advertise you are a "highly motivated" seller.
Many very "savvy" buyers are taught to seek you out because you are exhausted and will accept any kind of low-ball offer, one that is far below the true value of your property.
You can be motivated to sell, but you don't want to appear "highly motivated" and attract what the industry sees as "bottom feeders". It's a fine line but knowing the difference is important.
Those buyers seek out sellers who have sales exhaustion.
Being aware that exhaustion DOES exist helps. Break out of the trap...
Consider other options:
Renting the house
Cleaning and painting (you never got around to doing)
Brainstorm with your agent
Unique promotions
Additional advertising
Discover realistic asking price

When things are the darkest, ask yourself this question:"Am I experiencing real estate sales exhaustion?"
If your answer is "yes" then it's time to start doing positive things and get back in the real market and
become a non-exhausted, Successful Seller!

What is Real Estate Sales Exhaustion?

2010-07-26T18:06:00.000-04:00

Real estate sales exhaustion is a combination of despair and fatigue.It's effect is cumulative.Usually there is no one incident that causes it. There is a "straw that breaks the camel's back" that causes a seller to want to get out at any price!
It is a problem of desperation on the seller's part. Things seem to go from bad to worse, and it's easy to forget that any house can be sold. After a while, seller's think that they will never make it; and the property will be the one that goes all the way to zero in value
Many situations are often made even more urgent because of the seller's financial pressures.
Everything does not have to continue to be bleak. Don't get caught in this psychological trap!
There are ways to recover from real estate sales exhaustion starting with keeping a positive outlook and trust that the offer will come.. (I know you don't want to hear that - but it truly does help).
What else can a seller do to recover from real estate sales exhaustion?

Real Estate Workshop 7/21/2010

2010-07-20T16:44:00.000-04:00

Renee is busy preparing for our July 21st. Wednesday workshop. We hold the workshop at our class room in our 8748 Brecksville Rd. location.
She tells me she has room for a couple of more sellers who want to learn more about the "ins and outs" of putting together a real estate transaction.
Lots of great information and there is no fee to attend.
Why do we do this?
Because the buyers and sellers have a right to choose the title company to insure and close their transaction and this helps us spread the news. A win/win for all!
We earn their trust and make new friends!
If You can be here at 6:30 - in case you're hungry, we have pizza, contact Renee@gatewaytitle.com or call her 440 546 9660. Be prepared to learn everything you wanted to know about selling and closing real estate sales, but were afraid to ask. You can ask us!

Old Realtors Never Die; They Just Become - Listless!

2010-07-12T12:58:00.001-04:00

I've been in the real estate industry for many years. First as a Realtor, then I moved into the title end at the old Midland Title in Cleveland, w-a-a-a-y back in the 80's!
I've always been in the marketing side of title, and over the years have worked with tons of agents form many companies. I've been with Them through many changes and merges of companies. The celebration of promotions to management and the heart break of change.
We, in the industry, have all repeated: "Old Realtors Never Die, They just become listless" and we laughed!
There is something to that saying. Once you've been a Realtor, for most, it seems, real estate really never leaves your blood.
The highest complement I get is when I get a call from "a voice from the past" that turns out to be a retired agent who is selling their home or is looking for help for a friend or family member.They tell me they are calling Gateway Title for help because they trust me. It means so much to hear those words.
I love it when into them we meet by chance..it's old home week!
I volunteered to work at Ken Lanci's spot at the Broadview Hts. Home days this past week end and discovered many Realtor friends from Bishop, Century 21 DePeiro, Realty One. We caught up on the times. These are good people who had a passion for the business. Bless them always.
"Old Realtors never die; they just become listless"!

Gateway Title Family Celebrates Life!

2010-07-11T08:46:00.000-04:00

It's no secret,Gateway Title is a family business and this time last year, we were busy as a family, looking forward to Granddaughter Ashley's wedding to Joel.
Keeping all the plates spinning was a real challenge for everyone.
Here we are almost a year later, and now we celebrate new life...
Our family has been blessed with two new Babies is the past three weeks. Ashley and Joel have a beautiful son, baby Gage Robert - Michelle's new Grand baby.
Last week Suzy's oldest, Joey and his wife Lauren, gave us another precious Baby boy, also named Joseph.
Everyone is doing great!
In spite of everything else that is happening in the world outside, Life Goes On and LIFE IS GOOD!
Thank You God, for your blessings to our Family!
Rachel

Gateway Title Colors Outside The Lines

2010-07-07T11:20:00.000-04:00

Coloring outside the lines is scary business
Sometimes, I don't have the courage for it all.
On my big, bold days though, I like to let my red crayon
just swirl out there with my purple, streaking across the page...
in perfect freedom no lines!
Coloring outside the lines is lonely too.
I'm the only one that doesn't get a gold star on my paper.
The teacher frowns. The kids call me weird or dumb or stupid.
Don't they see? I'm not behind them.
I'm actually out in front. Running free, outside the lines!

It would be nice if I had a friend that would color outside
the lines, sometimes, too
Will you?

.....author unknown

SUPPORT REAL ESTATE HOMEBUYER'S TAX CREDIT EXTENSION

2010-06-23T16:03:00.001-04:00

Notice from the American Land Title Association:
Help support an extension of the homebuyer tax credit closing deadline!
Ask your Senators and Representative to support an extension of the present home-buyer tax credit closing deadline from June 30, 2010, to September 30, 2010. Consumers who have entered into contracts to purchase a principal residence on or before April 30, 2010, and who have complied with all eligibility requirements, should receive the benefits of the homebuyer tax credit.
ALTA members report that in the markets with the highest volume of short sales, it is not uncommon for closing to take up to four months. The two month window afforded by the homebuyer tax credit is simply not long enough for current market conditions in the most severely distressed markets in the country. Many of the pending short sale transactions in the slowest markets may turn into foreclosures if they cannot close by the June 30 deadline. The National Association of REALTORS® estimates that between 55,000 and 75,000 prospective buyers may be unable to close by the current deadline.

Help support an extension of the present home-buyer tax credit closing deadline to September 30, 2010, for eligible borrowers by writing to Congress today!

News Letter News or Why It Is Different

2010-04-28T17:43:00.000-04:00

We have been publishing "GATEWAY TITLE TALK" for over 3 years. We distributed it on line, a mailing, and 16,000 through a local weekly newspaper.The entire staff was helpful, supportive and the cost was reasonable. Great people to work with.
A few months ago the parent company asked us to change our format. I'm not going into the reason whyI won't change it so... that was the end of that.
Until we come up with another way to distribute the actual copy, we have it on line, recipes and all! You can read it www.gatewaytitle.co - it's just a click away on our home page.Best wishes and Happy Reading to all of our Friends!

Real Estate Actuality: TITLE TIP # 5 DON'T GAMBLE WITH THE TITLE TO YOUR PROPERTY

2010-04-20T07:32:00.000-04:00

Real Estate Actuality: TITLE TIP # 5 DON'T GAMBLE WITH THE TITLE TO YOUR PROPERTY

TITLE TIP #6 - FILL IN THE BLANKS ... We Can't Read Your Mind!

2010-04-18T07:33:00.000-04:00

I always tell my escrow team that they are deaf. Yes,deaf!
Why would I say that?
Because we must follow your written instructions on your real estate purchase agreement and if you leave anything blank, we can't assume what you want to happen. If something does not apply to you, use NA or cross it off so we know this was not an oversite or mistake. Make certain that you or your agent leave no blanks on the contract.
When you TELL us what you meant,be sure to put it in writing and that ALL parties sign and date the changes or addendums to your contract.
Please remember:
Your escrow officer can ONLY follow WRITTEN INSTRUCTIONS.
That's why I remind them they are "deaf" to oral instructions and can only follow those they can SEE in writing.
Take the stress out of your closing:
PUT IT IN WRITING AND LEAVE NO BLANKS!

TITLE TIP # 5 DON'T GAMBLE WITH THE TITLE TO YOUR PROPERTY

2010-04-16T15:35:00.000-04:00

TITLE TIP #5
Accepting a quit claim deed for real property is for gamblers.
Don’t take chances with your real estate investments.
Let me tell you why -
True life example:
A few years ago a Doctor came to us to insure and close on a property he just sold.
That property was given to him via Quit Claim deed from a patient who owed him a lot of Money.
The Doctor thought it was a good deal and rented out the house.
After a few years the Doctor decided to retire, sell the property as part of his retirement.
He found a ready, willing and able buyer.
We searched the title to his Quit Claimed rental and discovered there were more liens against the property than the property was worth!
When he accepted the Quit claim deed he also accepted all of the encumbrances and debt against the property!
The lesson is:
Always have the title to a property examined before you take title.
Insure the title.
Never accept a Quit Claim Deed - what you get may be more than you see!

GATEWAY TITLE TIP #4 - SMILE PRETTY!

2010-04-14T13:56:00.000-04:00

When you are signing final mortgage documents, don't forget: You must bring with you, picture identification (valid driver’s license).
We have to copy this for our file.
This identification is required for closing on real estate. Oh, I know you hate that picture, Just about everyone hates that picture! :)

GATEWAY TITLE TIP #3..... WHAT'S IN A NAME?

2010-04-12T21:03:00.000-04:00

Gateway Title - The FSBO Specialists #3 TITLE TIP: Debbie... Deborah.... Deb...Debra....Debbie K....Deborah Kay? Be careful to always sign all papers the same way in a real estate transaction. With or without your middle name, middle initial? Be consistant with what ever you call your "legal" name and avoid problems in closing!
How many identities do you have?

Gateway Title " Staging With Suzy" Seminar A Success!

2010-04-10T20:25:00.000-04:00

Sitting in a class room at 9:30 on a sunny Saturday morning is probably not your idea of fun.For seven savvy sellers of beautiful local properties,it was exactly where they wanted to be. They attended "Staging With Suzy" (Suzanne Torchia Anton, REALTOR from the Realty Store).
Suzy told them like it is and showed many examples of before/after.Her tips were great! It was so interesting. I wish all sellers would get this and apply the information and "stage" their homes for sale. The whole presentation made a lot of sense.
To understand the difference between decorating and staging is so important in marketing a home.
I learned a lot and see it as: "decorating" is for the owners and "staging" is for the buyers!
How do you define it?

TITLE TIP #2 - HOW TO SAVE MONEY ON CLOSING COSTS!

2010-04-09T13:37:00.000-04:00

TITLE TIP #2: Sellers, would you like to know one way to save $$ on closing costs?
If you owned the property you are selling for less than 10 years, You are probably entitled to a reissue rate discount on new title insurance costs. Find your old closing HUD statement or Title insurance policy and ask the title company to check for and credit you reissue discount savings at closing. Test the integrity of a title company. Do they tell you about this savings up front? Most don't tell you because they make less money. You are entitled.

GATEWAY TITLE TIP #1

2010-04-08T14:37:00.000-04:00

Title Tip #1: Choose your own title company. Don’t let agents or lenders steer you to their “in house” title agency. Closings and title insurance are to be handled by a disinterested third party.
How can an “in house” title agency be neutral when it comes to a closing? RESPA states consumer’s rights, and no where does it give agents or banks the right to make that choice for you.
They must disclose relationships and respect your right to choose.
You pay for your title and escrow service. You pay...you pick!
www.realestateactuality.blogspot.com

"CUSTOMER SERVICE" ? Gateway Debbie Vents!

2010-04-05T16:33:00.000-04:00

CUSTOMER SERVICE?!?!?!?!?
The internet is a wonderful thing. You can find anything you could possibly ever want or need. It’s a great tool for businesses to reach their customers, HOWEVER……..
I recently had an experience that really took the cake. The Boss asked me to find a new place we could buy the photo holders that we give to our customers, unfortunately the previous place has gone out of business. We buy a case at a time.
I called the manufacturer and they gave me the name and phone number of a place close to us, so what did I do then, of course?
I Googled them.
I went to their website and they did have just what we needed. So, I called them. I needed to know the price of the product we were interested in purchasing and maybe an alternative.
When I called I got a recording telling me what number to push for whatever department I needed- this was easy enough, so far, so good. My call was answered promptly and I explained (in great detail) my dilemma. I was told I HAD to sign up online to receive any pricing information. Let me repeat that. I was speaking to a”CUSTOMER SERVICE REP” asking, nay almost pleading to spend money with this company and I was told that she “could not help me over the phone and I had to go back to the website and register”. I saw this feature on the site when I was there the first time- The process takes up to 24 HOURS. This “Customer Service Rep” had me on the phone wanting to buy her products and I was shooed back to the website- WOW!
If I didn’t want to talk to an actual person- I wouldn’t have called.
Have we forgotten how to speak to one another??? I cannot imagine if Rachel aka “The Boss” heard anyone of us telling a customer “I can’t help you, you need to go to our website.” They wouldn’t be employed here long enough to hang up the phone.- Thank Heavens!

Female Owned Businesses Are Different!

2010-04-02T10:04:00.000-04:00

Established in 1993, Gateway Title is a different kind of real estate title business. You can detect this the second you enter our "Rose Garden" reception area and did you know "It's always a GREAT DAY at Gateway Title"?
We are unique in our passion to take care of our costomers, partly because Gateway Title is a Female owned and operated family business and it's our priority to take such great care of our customers. That's why we specialize in buyers and sellers of real estate who are not using a real estate agent.
You may have seen us on TV, heard us on the radio, read our newsletter,read about our many awards for customers service and innovative business practices, seen us in magazines - local and national. As a speaker or presenter at a business function, become a fan on facebook. We pratice what we preach....Our history is rich with stories and pictures of very happy buyers and sellers.We are very proud of the way we take care of those wonderful folks who choose to "Trust Their Title To Gateway Title"

REAL ESTATE MARKET IS IMPROVING- GATEWAY TITLE REPORTS!

2010-03-31T20:50:00.000-04:00

I'm delighted to report to you that we're experiencing a lot more of new title orders being starting with us this week.It's bringing a smile to our faces and I hope it does the same for you.
We all have been waiting for a positive sign and by golly, I think we've got it!
It's a GOOD thing!
Anyone else feeling this?
Let me know.
Take Care Now.

Invitation To Become A Fan Of: Gateway Title - FSBO Specialists

2010-03-24T12:18:00.000-04:00

The world is quickly looking much different than ever before.
Social Media (blogging: facebook;twitter; email) rules!
Even the fax is almost obsolete because we now scan and email!
We have fans and groups and notes and lots of pictures and "like; comments; and we share".
Amazing how different communication is from just a few years ago.
Gateway Title hosts a fan page and a growing list of fans (Thank you).
I wonder how many fans we have?
I'm supposed to ask everyone if they would like to become a fan of Gateway Title.
Okay. so here goes:
I invite you to please become a facebook "fan” of Gateway Title.
Thank you .... Rachel

Real Estate Actuality: Buyer's Tax Credit Opportunity Ends Next Month

2010-03-21T12:26:00.000-04:00

Real Estate Actuality: Buyer's Tax Credit Opportunity Ends Next Month

Buyer's Tax Credit Opportunity Ends Next Month

2010-03-21T12:25:00.000-04:00

This opportunity expires soon. Buyers and sellers must have signed their purchase aggreement by April 30,2010 and must transfer title by
June 30,2010.
Do you know if you qualify?
There is plenty of informaion on the web. Just google "real estate buyers tax credit" to find the guidelines and check with a tax accountant to make sure you qualify.
This is a great time to buy - Mortgage rates are low and so are home prices. Don't become one of those people who wish they would have done it!
Bring your deal to Gateway Title...we'll walk you through it...
Keeping Your Life Simple

GATEWAY TITLE REVEALS A SECRET TO SELLING FASTER!

2010-03-20T08:15:00.000-04:00

PUT IT "ON SALE"
Let the week-end lookers know your property is on sale today and attach the sale price ON YOUR YARD SIGN!
Is this unorthodox? YES!
Your buyer is out there driving around your neighborhood.
This will bring attention to your house like nothing else!

Real Estate Actuality: GATEWAY TITLE LOVES YOUR REFERRALS!

2010-03-19T15:00:00.000-04:00

Real Estate Actuality: GATEWAY TITLE LOVES YOUR REFERRALS!

GATEWAY TITLE LOVES YOUR REFERRALS!

2010-03-19T12:04:00.000-04:00

Thanks For Telling Others About Our Service
I guess it’s no co-incidence that sellers who already have a buyer for their property, come to Gateway Title to wrap it up and close it for them. They know they don’t require a real estate agent to market for them, so they must hear about our service from others who have successfully closed out with Gateway Title.
I sincerely appreciate your referrals and take very good care of those friends and family members you’ve sent our way!
Things are picking up, but every sale is a special deal to me.
THANK YOU!

Cleveland Area Title Company Feels Like The Lone Ranger

2010-03-17T14:04:00.000-04:00

I sometimes wonder....
if we the only REAL title agency left in the Cleveland area or
have the other remaining title agencies stopped taking phone calls from buyers/sellers and attorneys?
I ask this because we have been getting calls from people who need the help of a title company and tell us we are the only company willing to take the time to listen and help them. ....
Strange, we like getting business, don’t they?
True, the values of real estate are not what they used to be but business is business.
There is a glitch that is not always understood by sellers and borrowers:
Just because the property is really, really cheap, doesn’t mean a title company can do all the required work really, really cheap.
Anyone in this business knows that the work involved in title and escrow is the same if the property is $8000, or $80,000 or $800,000!
For many consumers, it is a hard truth to accept.
We find the cheaper in property, the more title problems exist.
If you are refinancing, selling and/or buying real estate, and you want it done correctly, you will need a title company.
You need Gateway Title.
Let’s see if we can help you.
Give us a call – 440 546 9660

GATEWAY TITLE PRESIDENT ASKS:

2010-03-15T10:01:00.000-04:00

WHAT WAS HUD THINKING?
The latest on RESPA “reform” craziness:
Sanity and common sense are not part of HUD’s agenda.
Learning to prepare the 2010 HUD-1 settlement statement has been overwhelming for the settlement industry.
It is obvious to us that different lenders interpret the new RESPA rules differently and provide to us, a different set of instructions.
The lack of consistency is causing chaos and confusion through out the real estate industry.
Bottom line......
The real victims:
The consumers!
WHAT WERE THEY THINKING?

GATEWAY TITLE NEEDS YOUR HELP

2010-03-11T11:02:00.000-05:00

Why am I asking for Your Help?
Please help me get the word out to sellers of real estate that there is another way to find a buyer.
It’s easy and inexpensive.
It doesn’t matter if you are selling by owner or listed with a REALTOR.
What is it you ask?
It’s so simple and obvious, that I don’t know why sellers are reluctant to just do it.
Here it is:
PUT THE ASKING PRICE OF THE PROPERTY
ON THE YARD SIGN!
It works!
Send me your story......
Rachel

Title Agent Wants To Know: Is The Tax Credit Working?

2010-03-05T09:50:00.000-05:00

I've been listening for the BUZZ .... not hearing much from buyers and sellers about taking advantage of the tax credit for home buyers.
I think many buyers were hoping they would get the credit when they were buying form a relative. Has that had an adverse affect on our real estate market?
I'd appreciate your thoughts on this!
Thanks,
Rachel

Gateway Title Pays It Forward.

2010-03-02T12:43:00.001-05:00

Pay It Forward Is Growing!
It Is Time To Support Each Other!
and
It Is Exciting To Watch An Idea Grow Into Reality.....
About six weeks ago, customers We started contacting our customers and businesses inviting them to send us their company coupons for savings to their restaurants, retail, professional and home services.
The response has been excellent!
We have envelopes stuffed full of wonderful opportunities for everyone to enjoy.
We are distributing these packets in “our wonderful parting gifts” tote bags and to workshop attendees or you can just
stop by our Brecksville office, and ask for your coupon packet.
This opportunity to “Pay it forward” is free to any business submitting a coupon and wanting to participate:
Simply call Rachel – 440 546 9660 or email Rachel@gatewaytitle.com .
We all have to power to change the local economy.
Support your local small business person and start today!

Sellers and Buyers Loyality

2010-02-17T10:35:00.001-05:00

I smile when I think of Margaret.
Margaret signed her seller’s papers yesterday at our office.
This was not her first time to sign closing papers. A few months ago she was here to close on the home she was buying.
She was one of those nice people that I’ve seen around town and at church. We always smiled and said “Hello”, without really knowing each other.
She called and came to us to handle her closing. She trusted my company.
When it came time to choose a title company to handle her sale of her condo, she turned to my company again.
As she was leaving yesterday, she told me how comforting it was to her to know that we were taking care of her.
That was one of the most wonderful statements I’ve heard in all my years in this business.
So, I smile when I think of Margaret.
Thank you for your trust in my company, Gateway Title!

Title Company : Creature Of Habits

2010-02-16T11:48:00.001-05:00

Have you ever notice how we humans have a difficult time adapting when our “normal” routine is changed?
We are upgrading our telephone system. Much of the work was done yesterday, which was “President’s Day and the office was closed. I met the techie here at nine AM and didn’t we didn’t leave until four! It seemed we had everything under control until I checked voice mail messages as usual during the evening. I couldn’t access it - Semi panic!
This morning, I told everyone to reset their own voice mails and I think most of us forgot how. How often do you change an office message?
Debbie, our extraordinary receptionists, says the ring sounds different. Ashley couldn’t pick it up from her cell phone, and so on and so on.
As for me,
I change the office greeting every time there is a holiday, but I went totally blank as the techie was standing there watching!
We are such creatures of habit.
Things seem to be settling down now that it is afternoon and all of the voicemails have messages again.
This should have been easy. Sure!
Stop, Think, and then take Action – I’ll have to remember that.


REAL ESTATE TITLE NEWS

2010-02-11T10:11:00.000-05:00

Title Company Tells All
What the buyers and Sellers Don’t Know
Did you know:
That HUD has done RESPA Reform so that you can understand settlement documents more clearly?
That most consumers won’t realize papers have changed?
The lending and title industries have spent tons of money on software changes and training to learn the “new” HUD?
That in spite of all the training, confusion abounds?
That this change was brought about years ago by a former head of HUD agency because he refinanced and didn’t understand the papers?
That there may be delays in real estate closings because of a problem complying with each lender’s interpretation of new requirements?
That most companies involved in real estate closings secretly wish this would just go away?
That it seems as clear as mud?
We know:
This is not going away so we are doing everything to make your real estate closing a smooth closing and you’ll never have to know!

TITLE COMPANY OWNER ANSWERS THE #1 QUESTION

2010-02-05T10:40:00.005-05:00

How are you guys doing?
The number one question I hear.
We certainly are constantly challenged by outside forces such as:
• Banks that own their own title company and think they are entitled to make more money off the consumer with title and closing fees.
• Real estate agents that own their own title company and think they are entitled to make more money off the consumer with title and closing fees.
• Consumers who are afraid to speak up for themselves and let others take advantage of them!
Other than that, we have no problems.
Any way I look at this market, Gateway Title is still doing better than most other title agencies.
We have many wonderful loyal buyers, sellers, and refinancing home owners who Trust their Title to Gateway and refer others to us.
For them, I Thank You , I and am grateful for your trust.

Real Estate Workshops Filling Quickly

2010-01-15T16:36:00.003-05:00

The is a bit of a weird month. Not many people want to move in January so transferring titles from sellers to new buyers is always slowest. It's the after the holidays doldrums. It seems we humans just want to hibernate for a while waiting for the sun to melt all the dirty white stuff!
There is a Bright side coming!
We are doing lot of customer contact activity setting up our first 2010 Real Estate
workshop scheduled for Jan. 23rd. I am delighted to report that workshop is filled to over capacity and we have Feb.6th on the books and it is half way filled.
Now that's something to celebrate!
It is an indication of a healthy market to follow. I am anxious to let all of our attendees know how we can help them and why Trusting their title to Gateway is a wise "move". Buyers are going to be facing extra challenges just trying to get through the additional "red tape" on their loan and closing documents. We promise we will walk you through them as simply as possible. We expect a busy spring since purchase agreements must be signed before April30, 2010 to qualify for either tax credit ($6500 -$8000). Don’t let any of this make you nervous, Gateway can help you.
If you want more information on any of the above, just email or call me – Rachel@gatewaytitle.com – 440 546 9660.
We do make time for YOU!
SPRING AHEAD!

Help GATEWAY TITLE Pay It Forward

2010-01-11T15:24:00.006-05:00

To Friends of Gateway Title,
Why am I sending this letter to you?
First of all, I want to THANK YOU for your support in this tough real estate market.
Because, without your insistence that Gateway does title work and closing on real
estate and refinance deals, Gateway Title would no longer exist!

Secondly, I would like to “Pay it Forward”, and give a marketing opportunity to
other local businesses by distributing for them, a business coupon
or perhaps a savings certificate to our customers,
My intention is to make our customers your customers too!

This is how it will work:
We give “lovely parting gifts” in our fabulous Gateway tote-bag, to our valued
customers at closing.
I am looking for anyone with a business or service who can offer a coupon etc.
that I can put in our Gateway Title Tote-bag .

Don’t have your own business? Does your Brother, Mother-in-Law or Neighbor?
Have a favorite restaurant, business or service that might be interested?
You can do your part to “paying it forward”
Please pass this along to them.
There is NO CHARGE, NO HIDDEN ANYTHING!
The only requirement is that what they offer be good for one year.
For more information please call Rachel @ 440-546-9660 or
email Rachel@gatewaytitle.com.
Sincerely,
Rachel Torchia
President/Owner
Rachel@gatewaytitle.com
Phone- 440-546-9660
www.realestateactuality.blogspot.com

REAL ESTATE LETTER TO SANTA

2009-12-20T12:03:00.003-05:00

Dear Santa,

Tis the time of the year to let you know what I wish for Christmas.

My list is simple:

1. Love, good health and well being and financial stability for all.

2. Recovery of the real estate market which will lead to a better economy for everyone.

3. A simple transition for lenders, real estate agents, title companies applying the complicated new "Good Faith Estimate" and expanded HUD1 settlement statement that goes into effect Jan. 1, 2010 (a “gift” from HUD”).

4. The hope that this new approach to borrowing for a mortgage will actually improve and not confuse consumers more.

5. The good people involved in the real estate industry will survive and thrive in 2010.

6. The bad guys leave the industry.

7. The buyers and sellers of real estate will take the time and effort to learn about the process before they leap into a contract and apply for a mortgage.

8. Great customer service is real, not just a "tag line" to advertising.

9. Consumers get the respect they deserve and they will choose to work with companies who respect them.

10. Small businesses, the backbone of America, are supported by all.

Okay, Santa maybe my list is not so simple. We all have to do our own part to make it happen.

as the owner of Gateway Title, I promise I'll be doing my share and Santa,

Have a safe trip delivering Christmas gifts and special wishes Christmas eve!

Thanks for listening. Santa.

Sincerely,

Rachel Torchia, President

Gateway Title Associates

8748 Brecksville Rd #100

Brecksville, Ohio 44141

440 546 9660

www.gatewaytitle.com
follow Rachel's blog at realestateactuality.blogspot.com

Future Gateway Millionaire

2009-12-09T13:25:00.003-05:00

Debbie, our receptionist extraordinaire, told me today, she has figured out an easy way to become a millionaire.
This Is Her Plan:
Tell a million people on the Internet to send her $1 (one dollar)!

Sounds simple enough so, here goes......
One million people x $1 = One million $
Good Luck Deb!
From
Your Boss,
Rachel
P.S. Be sure to let me know when you're rich enough to quit your "day job" :)

Gateway Looks at 1909-2009

2009-12-09T13:04:00.003-05:00

************ ********* ***********
The year is 1909.
One hundred years ago.
What a difference a century makes!
Here are some statistics for the Year 1909:
************ ********* ************
The average life expectancy for men was 47 years.
Fuel for this car was sold in drug stores only.
Only 14 percent of the homes had a bathtub.
Only 8 percent of the homes had a telephone.
There were only 8,000 cars and only 144 miles of paved roads.
The maximum speed limit in most cities was 10 mph.
The tallest structure in the world was the Eiffel Tower !
The average US wage in 1909 was 22 cents per hour.
The average US worker made between $200 and $400 per year ..
A competent accountant could expect to earn $2000 per year,
A dentist $2,500 per year, a veterinarian between $1,500 and $4,000 per year,
and a mechanical engineer about $5,000 per year.
More than 95 percent of all births took place at HOME .
Ninety percent of all Doctors had NO COLLEGE EDUCATION!
Instead, they attended so-called medical schools, many of which
Were condemned in the press AND the government as 'substandard.'
Sugar cost four cents a pound.
Eggs were fourteen cents a dozen.
Coffee was fifteen cents a pound.
Most women only washed their hair once a month, and used Borax or egg yolks for shampoo.
Canada passed a law that prohibited poor people from entering into their country for any reason.
The Five leading causes of death were:
1. Pneumonia and influenza
2. Tuberculosis
3. Diarrhea
4. Heart disease
5. Stroke
The American flag had 45 stars ....
The population of Las Vegas , Nevada , was only 30!!!!
Crossword puzzles, canned beer, and iced tea hadn't been invented yet.
There was no Mother's Day or Father's Day.
Two out of every 10 adults couldn't read or write and
Only 6 percent of all Americans had graduated from high school..
Marijuana, heroin, and morphine were all available over the counter at the local corner drugstores..
Back then pharmacists said, 'Heroin clears the complexion, gives buoyancy to the mind,
regulates the stomach and bowels, and is, in fact, a perfect guardian of health'.
Eighteen percent of households had at least one full-time servant or domestic help ....
There were about 230 reported murders in the ENTIRE U.S.A. !
Plus one more sad thought .... 95 percent of the taxes we have now did not exist in 1909.
Try to imagine what it may be like in another 100 years.

IT STAGGERS THE MIND
(this was emailed to me From: Mary Early REMax Classics Realty. I couldn't resists sending it forward to you)

Richard Flint's Gift

2009-12-04T10:06:00.002-05:00

As you develop your talents your gifts
increase.
You are born with talents; talents are those unique
skills you are born with. Everyone has talents, but
not everyone develops those talents. When one
doesn’t develop their talents, they deny their life the
unique journey it was created to live. The
development of your talents creates the gifts that
allow you to have a presence that has a presence
when you are not present. Not developing your
talents means you will live a life that never knows
what it could have done.
Remember, Every gift your life is given must be
respected..... Richard Flint (friend him on Facebook)
What gift's have you been blessed with?

Gateway Title & Toys For Tots

2009-11-30T13:16:00.000-05:00

GATEWAY TITLE SAYS:
"IT'S TIME FOR TOYS FOR TOTS"!
Please bring new, unwrapped toys for Tots during November.
Drop off locations:
GATEWAY BUILDING - 8748 Brecksville Rd.
WESTERN RESERVE BANK - 8751 Brecksville Rd.
(Thanks to Mike Gorman)
For more information call me @ 440 546 9660
Thanks To All
Rachel Torchia, President
Gateway Title Asscociates

FOLLOW YOUR DREAMS

2009-11-25T09:58:00.003-05:00

My friend and mentor,Richard Flint sends me daily mind joggers.
I'm passing this on to you.
I have a poster in the office that has been an inspiration for me
for at least 20 years. (I originally hung it in the bathroom at home and brought it to the office when I started Gateway Title).
This is Richard's message on dreams......
Be thankful for dreams; they keep your
world filled with possibilities.
I’m a dreamer! Are you? Do you have a continuous
sketch pad inside you, you are constantly drawing
pictures about what you want to do with your life?
Dreams are what keep your imagination alive with
energy. Dreams create our inner spring of inspiration
that results in the momentum necessary to keep
your life moving forward with a clear direction and
the strength of sight to see beyond the turmoil that
will come. Be thankful for your dreams and use your
inner sketch pad every day.
Remember, Being thankful requires a spirit of
thankfulness.
I hope you found this inspiring.....
FOLLOW YOUR DREAMS!-Rachel

Thanksgiving Turkey Dinner at the Torchia Home

2009-11-23T10:43:00.002-05:00

This has become a November ritual...
My Three daughters and I start talking about who is doing what for Thanksgiving Dinner. As usual, it will be held at our house this year. The menu is predictable, as are the assigned cooking responsibilities.
I roast the very large fresh turkey that my daughter Michelle’s neighbor raises. I fill it with my secret, made up bread and sausage stuffing recipe. This year, we drafted Renee to make the Italian wedding soup. Michelle is an ace with mashed and sweet potatoes. Although I think she and I are the only ones who eat the sweet potatoes. Suzanne is the perennial Green bean casserole queen. Doesn’t everyone serve green bean casserole with turkey?
I like to make pies from “scratch” and over the years there are the favorites. For example, Robby and Bryan and Bobby, Joel want chocolate. Joe wants Pecan and Michael goes for the pumpkin. Ashley and Alison want banana, Renee prefers coconut and Michelle and Suzanne like banana/ coconut cream mixed together! I’m the Mom so I’ll make them all with my own special flavor of LOVE baked in each one.
Every year we ask each person to say for what they are Thankful. This year, they will moan and groan like this is silly before we start as usual but as they express Thankfulness for “love of family, surviving a faltering economy, a negative biopsy report, a positive pregnancy report, a 50th anniversary, healthy babies, there is not a dry eye around the table as this brings us close and renews our Faith in the strength of family.
From our Family to Yours: Have a Blessed and Happy Thanksgiving
PS Does anyone want any left over pie?

Toys For Tots Box At Gateway Title

2009-11-13T19:47:00.003-05:00

We're collecting again this year.
Please support the US MARINE'S efforts to provide Christmas for kids in our area.
New, unwrapped toys can be dropped off at the GATEWAY BUILDING 8748 Brecksville Rd.Brecksville, Ohio or any drop off location near you.
There is also a box at WESTERN RESERVE BANK - Brecksville, Ohio

Open your heart and buy a toy.
Thanks,
Rachel Torchia

Friday The 13th Is A Great Day!

2009-11-13T11:31:00.003-05:00

It's not quite noon and we've had back to back closings all morning. We are so lucky to be the best part of real estate process - the closing! The buyer gets a house and the seller gets the money!
We treat them as the VIPs that they are. We love to surprise them from the "WELCOME" sign to the "lovely parting gifts"!
This morning, a REALTOR from Russell Realty came to the closing, and at another, the loan officer from Key Bank was here. I think they were pleasantly surprise when they saw how we treated them and their customers.
Aaron from Key Bank, said the closing experience at Gateway Title is legendary.
LEGENDARY! WOW!
We are confident there is no one else out there who appreciates the consumer and respects others in the real estate industry as we do at GATEWAY TITLE.
Who ever said Friday the 13th is bad luck?It certainly was'nt at GATEWAY TITLE today.

How's The Real Estate Market?

2009-11-10T13:32:00.005-05:00

It seems I am asked that question from just about everyone, everywhere I go.
The second most asked question is: "How's your business doing"?
I don't mind those questions...
1. I'm happy to see interest in the real estate market and it is getting better!
2. It is very encouraging to find folks asking and cheering us on!
These have been a tough couple of years. Many former competitors have given up and closed their doors. Others were closed down by underwriters for lack of title insurance premium payment. I think, we in the industry never envisioned all of this would happen.
It's looking up and coming back! YEA!
I'm asked how we survived.
That answer is easy.
We have wonderful, loyal customers and community that chose us and refer others to use us for title work.
THANKS FOR ASKING... YOU'RE FANTASTIC! :)

Real Estate Booth at GO Show

2009-10-23T12:15:00.000-04:00

We are geting ready for the Brecksville Chamber Business Expo (otherwise known as the Go Show).
It is at a new location this year which is Saturday Oct.24th at the Cuyahoga Valley Career Center on Brecksville Rd. across from Wallings Rd. intersection. 9:00 AM to 3:00 PM
Halloween Goodies for the kids along with a Halloween costume parade and prizes around 1:30PM
Lots of freebies and candy for all.
We will be giving out Shelley's Delicious COOKIES and have a FREE drawing for the book
"OH THE PLACES YOU'LL GO"
Stop by and say "HI" to Debbie -the world's best greeter and phone answerer!
See you there,
Rachel ,Mike and Renee Torchia

2009-10-22T12:07:00.000-04:00

Gotta Put the T BIRD Away

I am that crazy, silver haired lady in the “Thunderbird Blue” 2002 TBird who has the top down and the R&R music blasting every morning if the temp is over fifty degrees.

I love starting out my day feeling free and if it feels cold, I blast the heater!

I have so much fun with my TBird. As a kid I always wanted an original TBird. Like a “56 or “57. I knew that was never going to happen. I know zip about restoring cars!

Back in the year 2000, I went to the auto show and saw the proto-type of the retro TBird and fell in love with the TBird again.

I waited for it and so did a lot of other people, they were very limited in the Midwest but we found one in California (they had a lot of them- wonder why?).

It was cheaper to ship it here than pay the premium local dealers wanted so I FINALLY GOT MY TURQUOISE TBird!

I call it “my baby”. It has never seen snow and very little rain. I turned 10,000 miles last week. My office is only two miles from home so I average around 1400 a year. I wish I didn’t have to rack up any mileage so it will always be new!

I am totally irrational when it comes to my TBird. I even wash it and I’ve never washed a car before this. I like to shine it up!

Fall is here with winter right around the corner. We’ve been enjoying a brief Indian Summer. I am squeezing out as many sunny days as I can before I will be put it away to hibernate until next spring.

I’ll miss the “thumbs up” from other drivers and “Love your car” in the parking lots.

Until then, I’ll have fun - fun -fun ‘til the weather makes me put the TBird away!

U.S. Marines "Toys For Tots" Time At Gateway Title

2009-10-19T15:10:00.001-04:00

It's Toys For Tots time again! This will be our eighth year as a drop off center.
Each past year, We have had the good fortune to have the boxes filled and refilled many times during the campaign.
                    PLEASE HELP US FILL THEM AGAIN WITH TOYS FOR TOTS THIS YEAR!
Please bring new, unwraped toys to:
                                                   THE GATEWAY BUILDING
                                                   8748 BRECKSVILLE RD.
                                                   BRECKSVILLE, OHIO
We are located 1/4 mile NORTH of Rt.21 (Brecksville Rd.) & Rt.82 - the center of Brecksville.
440 546 9660

REAL ESTATE - All I CAN SAY IS "WOW"!

2009-10-08T15:50:00.000-04:00

It's really, really busy at Gateway Title and that's a GOOD thing.
The buyers and sellers need our help through closing their new deals! WOW!
Now, I know this is what we do and should expect but the numbers of calls far exceeds what we expected!
Keep those contracts letters and emails a comin'.
We can never be too busy.
Keep them coming...
WE LOVE THE EXCITEMENT.
It's a great day at- Gateway Title!
THANK YOU

"KEEP THE FAITH" IS MORE THAN A SAYING

2009-10-06T09:27:00.001-04:00

I came across the following this morning. It is written by and old
friend and mentor Richard Flint. I get emails from Richard every
morning. Richard makes me think. Even when I'm not in the mood to think!
FAITH
Faith: Trusting when you have no sight.

Have you ever had the fear of the unknown stop you

dead in your tracks? You were moving toward

something you wanted, turned the corner and there

was the unknown staring at you right in the face.

Because you lacked a solid foundation of self-trust,

you didn’t have the faith to take a deep breath and

continue. Instead, you turned around, stepped

backward and went looking for another route. There

is always a detour; the challenge is the detour takes

you away from, rather than toward what it is you’re

wanting. Faith in yourself is such an important

aspect of continuing to move forward — even when

things are not predictable.

Remember, life is a puzzle you put together each day through

Your behavior. -Richard Flint

TRUST GATEWAY TO TITLE YOUR MORTGAGE!

2009-10-01T21:38:00.000-04:00

You've heard of GATEWAY TITLE ....
WE'RE THE TITLE COMPANY WHO KEEPS YOUR LIFE SIMPLE!
We've helped over 12,000 buyers and sellers just like you.
You can benefit from our expertise in insuring the titles to the American Dream.
If being respected and treated like royalty is your cup of tea, let Gateway "title" your next real estate deal.
The next time you hear our jingle on TV, sing along and call GATEWAY TITLE!

BUYERS LOOKING FOR $8000 TAX CREDIT ARE LOOKING FOR YOU

2009-09-30T16:44:00.000-04:00

ARE YOU READY?

Gateway Title wants to help you.
The future buyer of your home may be looking for the $8000 tax credit.
They must close by Nov.30th or they lose it!
Reserve your place for our Saturday morning workshop to be held at our Brecksville Rd. classroom
9:30 AM to noon. (fr.ee beverage and pastries)

Special Guest Expert: Roy Buser – Mortgage Account Executive, First Merit Bank
GATEWAY TITLE will walk you through the closing maze!
F.ree workbook, disclosures and more.

Click on this email address http://www.gatewaytitle.com/ or call Renee – 440 546 9660 for more information about this f.ree opportunity to learn.
Follow our blog: www.realestateactuality.blogspot.com
Keeping Life Simple,
Rachel Torchia
President
Gateway Title Agency Inc.
8748 Brecksville Road Suite 100
Brecksville, Ohio 44141

REAL ESTATE $8000 TAX CREDIT UPDATE FROM GATEWAY TITLE

2009-09-29T20:17:00.000-04:00

$8,000 FIRST-TIME HOME BUYER TAX CREDIT UPDATE

YOU MUST CLOSE THE TRANSACTION BY NOV 30, 2009!

WOW!
This $8000 tax credit has brought a lot of activity to our local real estate market!

Nothing else in the recent past can compare with the number of calls, questions, as this.

Local REALTORS are busy writing offers and finding they are in competive bidding with offers. When was the last time that happened? This is good news for sellers who have to decide which offer to accept. The market has “bottomed out” for them.
A word of caution: It may not be smooth sailing bringing these to close by the November deadline.

Based on first hand experience as a title and escrow agent, I predict real estate closings the last week of November, 2009 could be a real mess. The main reason: The surge in mortgage applications overwhelming lenders. Lenders have reduced staff, increased paperwork required to sell the loan, dealing with changing government rules and just simply overload on all of the settlement services. Now, mix in with that, the days lenders, county recording offices and title companies are closed because of Thanksgiving ... Do you see what I see?
If you are one of the buyers or sellers who need to close by November 30th, don’t delay in completing required paper work, repairs, occupancy inspections and permits.
The real estate industry is lobbying to have this credit extended as of this writing we have heard nothing.

Let me know if you have a recent experience with a closing delay or problem I haven’t thought of.

I can be contacted at rachel@gatewaytitle.com or call 440 546 9660.
REMEMBER:

November 30,2009 is the deadline and then it is gone!

Gateway Title Agency And The Ohio Real Estate Market

2009-09-23T10:46:00.000-04:00

It's no secret our real estate market has been very slow to recover. But, slowly recovering it is!

Many attribute this to the $8000 tax credit for first time buyers. I see that happening every day with the buyers that are closing with us this past six weeks. They are anxious to make sure they close before the deadline of December1, 2009. I am seeing many new title orders that have a late November filing date.

Business is not booming at the rate of four years ago, but it is much improved.

What's to happen when the current tax credit expires?

You and I can do something about it. We have power with our Ohio and Washington representatives.

Contact them by email or letter. Tell them we can not let the real estate market sink again!

Most of them have a web site.

Please forward any communication to me - we can start our own stimulus program - keeping this country moving forward to a healthy economy. As the housing market goes, so goes our Nation

More Information Ohio Mortgage Society Breakfast Meeting

2009-09-17T11:26:00.000-04:00

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.

REAL ESTATE TITLE INFORMATION OVERLOAD!

2009-09-16T15:56:00.001-04:00

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.

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2009-09-08T15:45:00.000-04:00

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THE TRUTH ABOUT FIRST TIME BUYER CREDIT

2009-09-08T13:24:00.001-04:00

THE TRUTH ABOUT FIRST TIME BUYER CREDIT

We’ve been getting calls from buyers and sellers concerned about the First-Time Homebuyer Tax Credit. There is a lot of hype right now and many people have the wrong information.

I think the following information on the credit is easy to understand and useful to you if this is the time for you to buy a home. Take advantage of this rare opportunity.

Here are details on the $8,000 tax credit for first time homebuyers that can be used on all residential properties:

Tax credit equals 10% of the property's value not to exceed $8,000.

Effective for properties bought by January 1, 2009 and closed by December 1, 2009.

The property purchased must be single-family (condos & townhouses included).

There is an income limit of $75,000 per individual (adjusted gross income) or $150,000 if filing a joint return. Individuals above these salaries may still receive a portion of the tax credit.

Only first-time homebuyers are eligible or the purchaser (and purchaser's spouse) must not have owned a principal residence in the last three years.

This tax credit does not have to be repaid if the property used as a principal residence for three years.

Most experts are saying you should be under contract no later than Oct.9th, 2009.

From Kathy Gedeon of Dollar Bank: “The tax credit has had a positive impact on the market. Customers who were planning on buying in the future have now been motivated to buy now to take advantage of the credit.”

Judy Darwal of RE/MAX Trinity is happy to report:” Very positive – in fact we're running tons of 1st time buyers who are trying to beat the deadline”.

Third Federal loan Administrator, Debra Branske feels that “the opportunities for the industry would have been greater if they included not just the first time buyers but all buyers and builders”.

Gedeon added “It will be more important than ever for REALTORs to make sure their prospective buyers are well qualified AND for buyers to get pre-approved BEFORE they go to the market place”.

This tax credit can be used, as long as buyers meet the federal criteria. This is just a basic summary. You should also consult a tax professional for more specific information that may pertain to you.

Talk to all the experts, and feel free to give us a call at 440 546 9660 - Gateway Title and Happy House Hunting!

Saturday Morning Work Shop 9/19

2009-09-02T19:54:00.000-04:00

NOBODY DOES IT BETTER THAN GATEWAY - THE #1 CUSTOMER'S TITLE AGENCY!
A two and one half hour workshop on selling and buying in today's real estate arena. Everything is covered by guest experts from marketing secrets ; dreaded required paper work; the value of inspections; what loan pre-approval really means; understanding the escrow process and a HUD closing statement with easy to follow support material included.
A POWERFULLY CONDENSED workshop that arms the consumer with knowledge and confidence to sell or buy in today's confusing real estate market.
This work shop is facilitated by Rachel Torchia, President, GATEWAY TITLE.
Date: Saturday, Sept. 19,2009
Time: 9:30 AM to Noon - free coffee and donuts served
Location: 8748 Brecksville Rd. #100 (class room on first floor to the right.)
Costs: free, - but the information you will receive is PRICELESS!
Register on web site - www.gatewaytitle.com or call Renee at 440 546 9660