Archive for the ‘Utah News’ Category

We Have an APP for That! by Inwest Title a Utah Title Company

Thursday, December 26th, 2013

We Have An App For That, by Inwest Title Services, A Utah Title Company

 

Inwest Title Services has always positioned itself at the front of the competition when it comes to customer service, statewide coverage and technology. The world is full of websites that provide resources and tools and the latest movement is to the Mobile App. Inwest Title Services launched the first version of the Inwest Title Services Mobile App in December 2013.



This powerful App puts many tools and resources at the “mobile” fingertips of its clients. Real Estate professionals, lenders, bankers and builders can all access the already powerful online tools on www.inwesttitle.com via the App program. The App allows a client to place and track new title order requests anytime of day. Real Estate professionals can snap a photo of their REPC documents and upload them to the buyer or seller file and make sure their Escrow Officer has the latest Addendum to their file 365 days a year.

The Main Menu of the App will also allow Real Estate Professionals to calculate their seller’s bottom line inside the Seller Net Sheet Calculator. This calculator allows an agent to plug in key pieces of information regarding their seller’s situation to include sales price, loan amounts being paid off, commissions owed to the agents, home warranty, concessions and more and determine an estimated seller proceeds amount. Agents use this tool to calculate the bottom line once an offer comes over from a prospective buyer but also visually communicate the scenarios to the seller based on what kind of offers may come and what to expect their proceeds to be if listed at the home’s comped value.

Real Estate professionals in Utah can also request Property Information to include property profiles, abstracts, plat maps, CCRs and more via the App button labeled Property Information. The information is sent immediately to our Marketing Department where the request is processed and sent back to the agent via email.

Loan officers and their support teams can access Title Fee Quotes and get estimated fees for their refinance and purchase borrowers from the Instant Fee Quote option on the App. When it’s time to close, Inwest Title Services has included the ability to access turn by turn directions to any of its 13 offices in Utah. Settlement and closing can take place at any of the 13 locations, which allows the client to dictate what is most convenient for them.


The Inwest Title Services App is available for free in the App Store℠ or at www.inwesttitle.com. At this time, the App is available for iPhone® users. Coming soon- version for Android™ for the Inwest Title Services App. App Store and iPhone are registered trademarks of Apple Inc. Android is a trademark of Google Inc.

 

Once the App is downloaded, it is necessary for the user to enter their login and password information. This login and password information is the same as the credentials used to access the www.inwesttitle.com. Email missymarketing@inwesttitle.com if you have forgotten or need to request a new login and password.


 

Inwest Title Services, Utah’s largest independently owned and operated title company is committed to bringing our clients the best in title and escrow and staying at the forefront of technology. Like us on Facebook https://www.facebook.com/inwesttitleservices

 

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

 

Tips from a Title Agent-First Time Homebuyers by Inwest Title a Utah Title Company

Wednesday, July 17th, 2013

Tracy Cottle-Tips from a Title Agent for First Time Homebuyers

Tracy Cottle meets with The Daily Dish on ABC4 and explains what first-time home buyers should prepare for. “The very best thing you can do if you’re thinking about (buying a home) is to log into the Inwest Title Website.”

 

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

Market Data Report 6.27.13 by Inwest Title a Utah Title Company

Friday, June 28th, 2013
Market Data

Click here to view the latest Market Data report from Inwest Title

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

Market Data 6-1-13 PERMITS by Inwest Title a Utah Title Company

Monday, June 17th, 2013

Click here for the latest Market Data report

 

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

Tips from a Title Agent by Inwest Title a Utah Title Company

Friday, May 10th, 2013

Tracy Cottle-on Good Things Utah

 

An Examination of A Title Order, by Inwest Title, A Utah Title Company

Thursday, February 21st, 2013

At Inwest Title Services, we recognize that our clients have a million and one things on their “to-do” list and placing a title order can be one of them. We sincerely appreciate our clients, and we work quickly and effectively to return their title order in a dependable manner. We thought that since our clients know the in’s and out’s of placing a title order with us, we would describe what happens on our end after receiving the order. Make sure to watch the entertaining video below to see the process in action!

What happens to my title order?

After sending the title order through an electronic device, we immediately receive it and the step-by-step process begins at our Title Plant in West Haven Utah.

The first stop in the title order process is to the Locate Department. Our staff locates the property in the county records and pulls copies of the taxes and abstracts. Next, the order is sent to the Title Searching Department. The county records are searched to find all applicable documents that need to be shown on the commitment or also known as the “PR.” Subsequently, the Typing Department receives the order where it is typed from a hand-written sheet to a clean and accurate typed report. The final department to review the order is the Title Review Department. They double-check the search and it is proofed for typos and errors. Last but not least, the commitment is completed and sent back to the client via email.

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

 

Inwest Title Park City, Title and Escrow with a little snow on top, by Inwest Title, a Utah Title Company

Thursday, January 10th, 2013

Inwest Title Services Park City

Welcome to Inwest Title Services! We have 13 convenient locations throughout Utah to serve all of your title and escrow needs. Whether this is your first interaction with Inwest Title Services or you’re a seasoned client, we want you to become acquainted and familiar with all of our friendly employees. We will regularly spotlight one of our 13 locations and feature the escrow officer(s) at the correlated office.

Whether you need a title search, foreclosure report or property profile, all of our professionals will be of assistance in any way possible. We are proud to serve the needs of our community with some of the most competitive rates possible. Our team of title and escrow officers will be delighted to work with you!

Park City Office

The office spotlight of the day is the Park City location. They are located at 1571 Redstone Center Drive Suite 110, Park City, Utah. The office includes three employees: Karen Kasperick, Manager/Escrow Officer, Candace Rushton, Escrow Assistant, and Heather Parrish in Reception.

Our employee spotlight of the day is Karen Kasperick. She has an exceptional background for the Title profession after working in an international law firm based out of New York for 18 years. She became a licensed Escrow Officer in 2002, and has loved the career move ever since. She joined Inwest Title in 2008 when she was recruited to be the manager of the Park City office. Her work ethic and professionalism are traits she is well known for. She keeps her schedule flexible to accommodate her client’s requests for closings after hours or in locations other than the Park City office. Customer satisfaction is her highest priority.

Karen and her husband, Mark, have two children, Kelsey and Taylor. Her favorite activities include: cooking, running, hiking, and vacationing at the beach.

Inwest Title Services Park City

Karen Kasperick

Inwest Title Park City Office Photo

Park City Staff

 

 

 

 

 

 

 

 

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

 

 

 

No Split Closings on Cash Deals in Utah, by Inwest Title, a Utah Title Company

Thursday, December 20th, 2012

Have you ever been involved in a split purchase transaction where the Buyer and Seller want to close at different title companies in Utah, only to be informed that your cash Buyer has to close with the Seller’s title company?  Is this True? Can they force your Buyer to do this?  Why is this happening?

This issue first arose in 2007 when the Utah Insurance Department issued a bulletin announcing their official position that under the Insurance laws a title company that was only handling the cash side of a purchase was not authorized to conduct an escrow since they would not be issuing a title insurance policy.  For a while after this a few title companies tested the waters claiming the statutory language was ambiguous and elected to close Buyer side cash closings anyway.  Ultimately, these companies were pursued, fined, placed on probation, and ended up losing their battles with the Utah Insurance Department.  Additionally, a few years ago the Division’s position was further strengthened by an amendment to the insurance laws (see 31A-23a-406(1)(c))  that clarified the language stating a title company must issue a policy in order to conduct an escrow.  (There is a minor exception to this rule when a title company is dealing with mobile homes, grazing rights, or water rights.)

Is everyone happy with the result? No, but it is the law and it is unlikely to change.

Potential Solutions for your cash Buyer:

  1. Negotiate in the REPC that the Seller close and purchase title insurance from a title company selected by the Buyer;
  2. Request the Buyer be permitted to do a courtesy signing at the title company of their choice.  (This will mean the Seller’s title company will still prepare all the documents and receive all funds, but the signing can take place elsewhere); or
  3. Close with the Seller’s title company.

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

 

REPC Deadline Reminder System, by Inwest Title, a Utah Title Company

Friday, October 26th, 2012

Do you and your real estate team struggle to stay on top of REPC (Real Estate Purchase Contract) deadlines from transaction to transaction?  If you work with Inwest Title Services on your real estate transaction then you need not fret.  Inwest Title Services provides their clients with timely reminders on all of their important deadlines on the REPC.  The deadline system triggers an email to your inbox when your pending deadlines are near:

*Seller Disclosure, Due Dilligence, Settlement Deadline, as well as Financing and Appraisal Deadlines all arrive 2-4 days before the deadline on the contract.

The system will also notify you of the latest REPC addendum we have received on file.

Let Inwest Title Services put your deadline worries to rest.  Place your next title order with Inwest Title Services.

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.

 

 

New Real Estate Investment Advisor Designation available in Utah

Friday, October 12th, 2012

A new Real Estate designation is now available for Real Estate Investment Advisor (REIA). The first designation class date is Monday, October 15, 2012 from 8:00 am- 5:00 pm. It will be located at the Salt Lake Board of Realtors Office, 230 South Town Ridge Parkway Sandy UT. The 8-hour course will include 4 hours CORE and 4 hours Elective credit on Residential Real Estate Investing. The National Association of Real Estate Advisors (NAREIA) is sponsoring the course.

We are pleased to announce that James Seaman, Attorney at Inwest Title will be teaching the portion of the curriculum titled “Legal, Title & Closing Issues”.

Visit www.NAREIAGroup.org or the Salt Lake Board of Realtors for registration and more information.  Inwest Title Services is thrilled to be a part of this new designation course.

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at www.inwesttitle.com.