Posts Tagged ‘Lenders’

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



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%).

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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


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 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, 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


Looking for HOA information?, by Inwest Title, a Utah Title Company

Tuesday, March 27th, 2012

We often have Real Estate Agents and Lenders asking for Home Owner’s Association(HOA) information. Sometimes it is very time sensitive, other times it is less urgent. There are sometimes transfer fees or other fees associated with buying or selling real property that is governed by an HOA. While we are able to assist you with HOA information, a new state law will make getting HOA information easier for you and your clients.

The law now requires all Home Owner’s Associations to register with the Utah Department of Commerce and submit basic information including the main HOA contact person. HOAs will not be able to charge arbitrary transfer fees or other fees unless they are listed in the Covenants, Conditions and Restrictions (CC&Rs). Nobody likes surprises at closing and this law will help you prepare your clients for any fees by being able to know well in advance. It also helps Inwest Title to get this information for settlement statements with more speed and consistency.

There is now a publicly accessible registry for HOAs so that you or your clients can access the information you need during your due diligence period. You may want to pull it up and contact an HOA representative to determine what services the HOA fee covers (insurance, garbage, water, sewer, cable etc.). This will help you to provide your clients with the most accurate information. You may choose to direct your clients to the registry to let them be the ones to find out the information that is of concern to them. You can determine which way it will best serve your business needs. This resource will help buyers, sellers, realtors, lenders and title companies. It is a good thing for all of us.

Inwest Title is committed to providing the best service possible and we will continue to assist you with any HOA information you need for your transaction. However, we also want to make you aware of all resources and the newest information that can help you and your clients. These new resources can save time and may help to eliminate unexpected fees or problems at closing.

You can access this registry at

You can read the full bill at

If you have any questions about these new resources and how they can affect your clients, or if you just need any information to assist with your transaction, please do not hesitate to contact us. For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance please contact your nearest Inwest Title office. To find the office nearest you, go to