Archive for October, 2012

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.

 

 

Explaining Why Title Insurance is Necessary to your Clients, by Inwest Title, a Utah Title Company

Friday, October 19th, 2012

Other types of insurance coverage focus on possible future events and charge an annual premium, such as flood insurance or hazard insurance. Title insurance protects against loss from hazards and defects already existing in the title and is purchased with a one-time premium.

Insuring a home’s title begins with a search of public land records affecting the property. The title agent or attorney working on behalf of the underwriter examines pertinent documents to determine whether the property is insurable. Those documents include deeds, wills, trusts, outstanding mortgages and judgments, property liens, highway or utility line easements, pending legal actions and notary acknowledgements.

When title problems are disclosed during the search process, they are corrected whenever possible to avoid future claims. According to surveys done by the American Land Title Association (ALTA), title problems consistently arise in one out of three real estate transactions (36%).

Read more http://bit.ly/VkHcfd

 

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.

 

Wanted: CE Course Participants

Friday, October 5th, 2012

Did you know that Inwest Title Services offers Continuing Education courses to our valued clients? We absolutely do. Let us help you receive credit towards license renewal while learning new and thorough information about noteworthy title and escrow topics. Courses can be arranged at your convenience or by attending an established class. All of the courses are complimentary.

The courses currently offered include: Fraud, Utah Foreclosure Law (In’s & Out’s of Non-Judicial Foreclosure Process), Short Sales, and Seller Financing. Our Attorney at Inwest Title, James Seaman, will be teaching the courses. A complete list of classes being taught statewide can be found on our website www.inwesttitle.com under the CE Event Calendar tab.

Remember to sign up for the upcoming Core CE class on Fraud. The class is Tuesday, October 23, 2012 from 10:00 am to 12:00 pm. Located at 2453 Harrison Blvd. Ogden, UT. Lunch will be served. Contact either Melissa Miller at (801) 773-9806, melissa@inwesttitle.com or your Inwest Title representative. Real Estate Certification #RC110530.

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.

 

Average percent increase in sales price is up in some Northern Utah counties

Monday, October 1st, 2012

Inwest Title Services compiles two Market Data Reports each month.  The first report indicating Permits activity throughout the state of Utah and the second report showing Sales Activity in Davis, Weber, Salt Lake, Tooele, Wasatch, Summit and Utah counties.  The latest report that was released today shows that Davis county has seen an average percent increase in sales price of 10.34%  and Weber county has reported an increase of 16.6% since August of 2011.

Both Davis and Weber counties experienced an increase in the number of homes sold of 11% from July to August of 2012.  Davis county had an increase of 9% in homes listed whereas Weber county showed a -8% decrease.

To view all the counties reported go to http://bit.ly/PScvYV

To be added to the distribution list for these reports as they are released, please email corporate@inwesttitle.com

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.