Tuesday, January 25, 2011

The Truth About Real Estate Title and Escrow Fees

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

Monday, January 24, 2011

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!)