Escrow Tips #1 – City Reports
City Report? What City Report? Do I need to provide a report to my Buyer when I sell? Here is a tip for you: Yes, some cities do require a pre-sale inspection city report! Listen on!
City Report? What City Report? Do I need to provide a report to my Buyer when I sell? Here is a tip for you: Yes, some cities do require a pre-sale inspection city report! Listen on!
Much of wire fraud that we see in the escrow industry rises from fraudsters hacking into the email accounts of clients, real estate professionals or escrow agents. The one single important detriment is to “look before you open”. Let this video be a reminder to use caution when opening any emails, even when you think … Read more
In this part 3 of my Threats to Escrow I bring up the most public of all frauds – identity fraud. Stealing someone’s identity and committing fraud happens through all levels and strata of society, although it happens more to those who have more to lose. Protect yourself by protecting anything that gives a clue … Read more
It’s not just wire fraud, my friends, that we need to worry about. Whether it is in an escrow transaction or just our daily lives, fake checks, bounced checks, these are all types of fraud that we could be subject to. The short video of part 2 of my Threats To Escrow describes this type … Read more
There is nothing, absolutely nothing worse than finding out all your hard earned money that you wired to your escrow company disappeared. Why? Because some hacker substituted real wire instructions with fake ones and is now laughing itself silly all the way to his bank. Don’t become a wire fraud statistic! Take a moment and … Read more
We are 9 months into the pandemic and many people have been laid off, furloughed, and small and large businesses have closed down. The escrow industry has been luckier than most because we have continued to operate through the year. We are an essential business. The virus may rage on but homes and businesses still … Read more
Very often we come across Deeds – Grant Deeds or Quitclaim Deeds – that are poorly drawn, making us wince, a frown, or raised eyebrows. These forms might have been drawn by all sorts of people, escrow professionals, attorneys, or the general public and most of the time, we are surprised that there have been … Read more
We often get asked , why do we use a Grant Deed? When do we use a Quitclaim Deed? What are the differences between the two and how does the public know which one to use? This is a short video on the differences between the two forms. Other states might use Warranty Deeds, but … Read more
You want to to lend someone some money and have it secured on the person’s property? Lending the money is easy, getting the right documents to secure your loan is more difficult. What to negotiate, what forms to use, what clauses to type on it, all this is important to make sure you have a … Read more
You want to to lend someone some money and have it secured on the person’s property? Lending the money is easy, typing the right documents to secure your loan is more difficult. What to negotiate, what forms to use, what clauses to type on it, all this is important to make sure you have a … Read more