Posts Tagged ‘Utah Title Companies’

What is the PURPOSE of Title Insurance? by Inwest Title a Utah Title Company

Thursday, October 24th, 2013

Click on the play button to hear Tracy explain WHY you need title insurance.

Tracy Cottle-Tips from a Title Agent

 

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

Wednesday, August 28th, 2013

Tracy Cottle is back with more Tips from a Title Agent on how Judgements and Bankruptcy can affect selling or buying a home.

 

Tracy Cottle-Tips from a Title Agent

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.

5 Steps to Simplify the For Sale By Owner Process. by Inwest Title a Utah Title Company

Thursday, August 8th, 2013


As a title company we get a lot of calls and hits to our website looking for details and information regarding the title and escrow process when selling your home without an agent.  As the homeowner, you decide to sell your home without the assistance of a Real Estate professional, put the “For Sale By Owner” sign in the yard and wonder what to do next.  We handle calls into our offices and emails with a simple 5 Step Process that we make Utahn’s aware of.

 

Step 1)  

Place your Title Order with a reputable title company that understands how to handle For Sale By Owner transactions. In the state of Utah, you are required to use a title company to facilitate the closing process and facilitate the settlement of the transaction. It’s a good idea to contact Inwest Title Services to get a fee quote and “Place the Title Order”.  This simply means giving the title company the approval to start the preliminary search of your property’s title and history.  Most companies in Utah will not require any upfront fees to “Place the Title Order”, it’s all paid for at the time of closing at the closing table.

 

Step 2 & 3)  Find a buyer and negotiate a fair and acceptable offer. Once you’ve agreed to terms with your prospective buyer and you have an official Real Estate Purchase Contract (also referred to as a REPC; you can find a copy of it here, under STATE APPROVED FORMS ) completed, you will want to make immediate contact with your title company representativeand advise them that you are “Under Contract”.  Under contract simply means that you and the buyer have agreed to terms and are both moving forward with the sale/purchase based on the agreed upon terms.

 

Step 4)  Send a copy of the Real Estate Purchase Contract (REPC) to your title company representative or Escrow Officer and discuss any unique situations regarding the sale of the home.  For instance, does your contract involve a buyer using a Power of Attorney, or seller financing to name a few.

 

Step 5) If your Buyer is securing a loan to purchase your home, you will wait for their lender to prepare their loan for settlement.  The title company will work with the lender and schedule the closing and settlement for the buyer to close and a separate closing and settlement time for you as the Seller to come in an sign your Seller Side Closing Documents.  In Utah, it’s permitted for the Buyer and Seller to use separate title companies on the same transaction but most professionals will advise for the Seller of a For Sale By Owner property to request that the Buyer close at your same title company to help streamline the process.

 

The end result of these 5 steps is a home successfully sold, where you and the buyer have accomplished their goals.  If you find yourself a Seller of a For Sale by Owner property that isn’t getting past Step 2 & 3 and you need a quality referral for a Real Estate Professional, please let us know and we will be happy to give you a list of Real Estate Agents that you can interview for the job.  We’ve outlined these steps into user-friendly bite-sized sections, and we welcome you to use us as a resource for selling your home.

 

Whether you’ve already placed a sign in your yard, signed a contract with a buyer, or you’re simply doing research on how to get the closing completed on the home, Inwest Title Services has you covered.  Check out a special section of our website www.inwesttitle.com/fsbo for more information and to get started.

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.

HOA Registry by Inwest Title a Utah Title Company

Thursday, July 11th, 2013

HOA and Condo Contact Information to make your life easier!

 

All new Homeowner Associations and Condos are required to file in the registry no later than 90 days after recording their CC&Rs.  They are also required to file changes within 90 days of being implemented. The registry provides contact information so you know the point of contact for payoff or lien release information.  You can access this registry by going to :  https://secure.utah.gov/hoa/index.html

Here is what the website looks like and offers several different points of contacts.

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.

Tools for Networking by Inwest Title a Utah Title Company

Friday, June 28th, 2013

In the world of business we always hear words like Marketing, Networking, sphere of influence. These words sometimes trigger a plethora of thoughts. How do I obtain a “sphere of influence”? What tools do I need to “network” What does “marketing” mean?  No doubt, many of us feel overwhelmed in a world of social media and we may say to ourselves….I’ll put it out on facebook…I’ll tweet about it or I will join LinkedIn.

These are all great tools for getting the word out there however, there are also other places to Network, market and build a sphere of influence. When I first started in the world of marketing I knew a few people in the so called business, but not enough. I knew I had to get out there and meet people get to know them. learn who they knew and build my own sphere of influence. How you may ask? I got involved with great organizations within my business such as WCR. Through these contacts I met more great people who helped me gain knowledge and relationships. I learned about home tours and UCAR and found that there were so many people I didn’t know. I have recently joined a BNI group that meets once a week for the purpose of helping to build business. One of the best benefits of joining and participating in these groups and organizations is that while you do meet more people and increase your sphere of influence and learn how to market better. you make great friends and as you get to know them they also get to know you.  Please don’t think I’m not a fan of social media it has a great influence in business, but never underestimate good old fashioned face- to- face, one-on-one people meeting people.

I’m so grateful to the people who invited, informed, and allowed me to help each other build our business.-Cherri Gressemen; Orem Office.

 

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.

Seller Net Sheet Calculator by Inwest Title a Utah Title Company

Friday, May 24th, 2013

TAKE THE MYSTERY OUT OF HOW MUCH YOUR SELLER WILL RECEIVE AFTER CLOSING

Inwest Title Services, Utah’s Largest Independent Title Insurance Agency, removes the guessing out of how much your sellers will receive from the sale their home.

Simply go to www.Inwesttitle.com and put in your login information, and click on the NET SHEET CALCULATOR.   If you do not have login information, please contact missymarketing@inwesttitle.com, and she will set you up with a free online login right away!  You will then be asked to fill in 10 pieces of information and once you click “calculate” the positive or negative amount your seller will receive after closing will populate the top field. All title insurance fees will be included in the calculations and detailed for you and your seller all on one page.

Example of Seller Net Sheet Calculator

This is important because if adjustments need to be made in offering a Home Warranty, Seller Paid Closing Costs or other items this can be handled before an offer is received.

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