Employee Spotlight – Mirt Baldazo & Erin Holmes

Mirt Baldazo & Erin Holmes, Treasure Valley Funding Team – Boise, ID

Treasure Valley Funding team members, Mirt Baldazo and Erin Holmes, at Alliance Title’s Parkcenter office in Boise, Idaho are who escrow professionals aspire to be. They handle funds disbursement for all transactions in Ada County, which includes double checking payoffs and ensuring all payees have correct information so that all parties get paid in a timely manner. In other words, accuracy and timeliness are paramount to getting the job done right.

Regarding what she likes most about what she does, Erin says, “I enjoy being part of the final step in a successful transaction. Disbursements make everyone happy.”

Erin has been in the escrow industry since 2004, joining the Alliance team in 2012, and Mirt has been in escrow since 1998, joining Alliance in 2010. With a combined 32 years of industry expertise, they’re able to confidently maneuver the normal nuances and any rough waters that a transaction can present.

“Teamwork” is both Mirt and Erin’s favorite Alliance Core Value. Erin explains why: “When each department works together as a team, the whole closing process goes smoothly, which creates an outstanding experience for our customers.”

Mirt adds that being part of an awesome team is what she enjoys most about her role. “My co-workers are the best. They believe in teamwork, trust and respect. Erin and I are a great team and try to exceed in providing great service to our customers and escrow teams.”

Robin Aberasturi, Mirt’s boss, is who she admires the most. “She is a walking title and escrow manual.” Mirt says that Robin is always helpful and always inspires her team to set and achieve higher goals.

“Enjoy every moment, as tomorrow is never promised.” is Mirt’s favorite quote because “as we get older, we sometimes face challenges. Life is precious and sometimes short, but with family and friends anything is possible.”

Oprah Winfrey’s quote “Be thankful for what you have; you’ll end up with more. If you concentrate on what you don’t have, you’ll never have enough.” is Erin’s favorite.

Outside of work, Erin likes traveling with her husband, Ron, and good friends. She also enjoys cooking, planting flowers and watching football. Mirt also enjoys spending time with family and her girlfriends at family get-togethers, road trips, concerts and barbecues.

If you need help closing your next transaction connect with your local Alliance Title representative!

10 Steps To Buy Your Home With Confidence

There’s a lot of pressure put on you when buying a home, especially when you find out everything that the real estate purchase process involves. The good news is buying a home doesn’t have to be so intense.

Here are 10 steps from ALTA (American Land Title Association) that can help you buy a home with confidence:

  1. Determine your budget and select your real estate agent
  2. Select your lender
  3. Find your home
  4. Secure your offer
  5. Select your title insurance company and closing agent
  6. Get title insurance
  7. Review closing documents
  8. Sign closing documents and transfer funds
  9. Buy with confidence
  10. Receive your owner’s title insurance policy

For more information, get in touch with your local Alliance representative or visit homeclosing101.org.

We’re truly Thankful for your trust and confidence in us.

Before carving the turkey and gathering around the table to say why we’re thankful, we’d like to take a moment to extend our warmest thanks to the amazing communities we’re so grateful to be a part of. We truly appreciate your trust in us and partnership throughout the year.

The Alliance Title family wishes you a safe and happy Thanksgiving.

If you need help closing your next transaction connect with your local Alliance Title representative!

Understanding Property Tax in Montana

Through the process of a closing, your escrow officer will prorate property taxes to the date of the closing. The seller is responsible for the property taxes from January 1 to the closing date. The buyer is responsible for taxes from the closing date through December 31. If the buyer is including taxes in their mortgage payment, the lender may collect reserves to pay the taxes on the buyer’s behalf when they become due.

Example:

Closing date is March 15

Annual tax bill is $1,200

(January 1 through December 31)

$1,200 divided by 365 days = $3.2877 per day

January 1 through March 15 = 74 days

74 x $3.2877 = $243.29 charged to the seller and credited to the buyer

The first half taxes become delinquent on December 1.

The second half taxes become delinquent June 1 of the following year.

  • The tax proration for the current year may be an estimate based on the prior year tax amount.
  • The seller pays the property taxes for each day they own the home.
  • The buyer pays the property taxes for each day they own the home.
  • Your escrow officer will make sure this is properly calculated.

This information is specific for Montana only. Property tax due dates vary from state to state.

Take a look at our Client Resource Guide for even more information such as:

  • Menu of Services
  • Farm Reporting and Prospecting Lists
  • Title Insurance is Not “Just Another Fee”
  • What is Escrow?
  • The Life of Your Title and Escrow Transaction
  • TRID Grid
  • Tips for a Smooth Transaction
  • Settlement Guide (Who pays for what?)
  • Understanding Tax Prorations for Idaho
  • Understanding Tax Prorations for Washington
  • Locations and Footprint

Need help closing your next transaction? Connect with your local Alliance Title representative!

Employee Spotlight – Alice Hill

Alice Hill, Escrow Officer II – Lewiston, ID

Alice Hill is an Escrow Officer II at Alliance’s Lewiston, Idaho office and joined the company in 2016. Working with sellers and buyers is her favorite part of what she does. She knows how important it is to be there for the client every step of the way because real estate transactions can have plenty of ups and downs.

Of Alliance’s Core Values, “Integrity” is Alice’s favorite. She says, “I want customers to know they can trust us to do the best job we can for each of them.”

Alice admires the World War II generation of our society because of their values, courtesy and patriotism. Along the same lines, her favorite quote is: “Do unto others as you would have them do unto you.” She says that everyone can benefit from just being “kind to each other.”

Outside of work Alice keeps busy with antiques, guns, canning and reading.

Congratulations, Daryl Olsen!

Washington, D.C., Oct. 30, 2017 — Daryl Olsen has been awarded a National Title Professional (NTP) designation from the American Land Title Association (ALTA), the national trade association of the land title insurance industry. Olsen is the second NTP designee from Idaho and joins more than 80 other industry leaders from around the United States who have earned the professional designation.

The designation recognizes land title professionals who demonstrate the knowledge, experience and dedication essential to the safe and efficient transfer of real property.*

“Daryl’s knowledge of our industry combined with his professionalism makes him the ideal National Title Professional,” said ALTA President Steven G. Day NTP. ”His dedication and enthusiasm for the land title industry make him a much-deserved recipient of a National Title Professional designation. I encourage other Idaho land title insurance professionals to follow Daryl’s lead and apply for this designation.”

Olsen, who has worked in the industry for more than a decade, is senior vice president and regional manager for Alliance Title & Escrow Corp., in Idaho Falls, Idaho. He serves on the board of the Idaho Land Title Association where he is the association’s current president and chair of its Education Committee. Actively involved in the local business community for over 20 years, Olsen has served in various leadership positions within several regional civic organizations such as the Rexburg Area Chamber of Commerce and Upper Valley United Way. He’s been recognized by business community peers as Business Person of the Year in 2016. Additionally, Olsen is a Franklin Covey certified facilitator for The Speed of Trust and 7 Habits of Highly Effective People.

A full directory of National Title Professionals is available here.

The designation has several elements, including industry and compliance prerequisites and training requirements. To apply for the NTP designation and for more information, please visit ALTA’s NTP website.

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About ALTA

The American Land Title Association, founded in 1907, is the national trade association representing more than 6,200 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys. With offices throughout the United States, ALTA members conduct title searches, examinations, closings, and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.

Connect with ALTA on Facebook here. Follow ALTA on Twitter here.

*Designation under the National Title Professional Program solely demonstrates that a land title professional has met the particular standards and criteria of the National Title Professional Program.  Neither the American Land Title Association, nor the designation itself, guarantees or warrants anything beyond a designee’s ability to meet such standards or criteria.  The American Land Title Association makes no representations, warranties, or guarantees as to, and assumes no responsibility for, the proper performance of land title services, including but not limited to the transfer of real property, or related services provided by designees.

AR & VR: Industry Game Changers

Ever wonder how your living room would look with a different furniture set or with a new coat of paint? From home staging to home renovation, Augmented Reality (AR) and Virtual Reality (VR) are making that happen and helping add a new dimension to the real estate industry. Check out this Forbes article to see how real estate agents are taking advantage of this new technology to better serve their clients:

https://www.forbes.com/sites/forbesrealestatecouncil/2017/07/14/eight-ways-virtual-and-augmented-reality-are-changing-the-real-estate-industry/#b86d74d65a3f

Meet Our Nampa, Idaho Branch

Truly enjoying being an active part of the community is what drives Alliance Title’s Nampa, Idaho team because they understand that they’re helping their neighbors, friends and family succeed. They make it look easy by having such an experienced team of talented individuals and working together.

Vice President and Branch Manager, Star Nieves, says, “We all get along so well and care about our clients. That feeling comes through in how people feel when they come to close in our office.”

The Nampa team adores their clients and the community because they’re very loyal, support their causes and send great referrals. It’s a no-brainer that the team loves to support the community back! They do this by taking part in events and causes such as the Stampede for the Cure, Boys And Girls Club of Nampa, Festival of Trees for Meals On Wheels and the Nampa Association of Realtors Scholarship Banquet.

“We just get in and get the job done when we are needed for volunteering or set up,” says Star.

The office is made up of great cooks and bakers that can make a mean potluck on Fridays. Escrow Officer Teri Hays even builds rustic furniture and decor as well as selling healthy organic eggs from her own hens. It goes to show that everything they do in the office and out in the community is done with a lot of heart.

The Nampa team is proud to serve this great community!

96%* of our customers rated their overall closing experience with us as good or excellent!

Here’s what else our customers are saying…

Always a great experience with Alliance. — Kent E.

Everyone at Alliance was nice and got me through without problems, which was great! I appreciated Kauri Moll’s help immensely. She was very knowledgeable and made the whole process much easier. – Dariush H.

The closing process was a fun experience. Thanks for having confidence in me. – Marie P.

Very good experience. Top notch every step of the way. Couldn’t be more satisfied. – Brent & Laura K.

*Based on customer satisfaction survey responses.

Employee Spotlight – Anne Knight

Anne Knight, Title Officer – Boise, ID

Anne Knight is a Title Officer in Alliance Title’s Centralized Title Services department in Boise, Idaho and joined the company in 2002 when she relocated from the Seattle area. She has worked in the title and escrow industry since 1977 — 18 years were spent as a Title Examiner while seven years were spent in escrow.

What she enjoys most about what she does is the research and analysis associated with title examinations. Anne enjoys figuring out how and if a property can be insured without putting the company at risk.

Anne’s favorite Alliance Core Value is a toss-up between “Teamwork” and “Accountability.” She says it’s difficult to choose one because the two complement each other.

“The members of the title production department must work together as a team in addition to working as a team with the people who have direct contact with our customers. When working together, you can provide an excellent customer experience even when the title on the property has issues that must be resolved.”

“Teamwork, however, does not exist unless all members of the team accept accountability [responsibility] for their part of the process. When a group is working well as a team, it is easier for the individuals of the group to take on accountability. These are the reasons why I think teamwork and accountability go hand in hand.”

Anne has the most admiration for both of her grandmothers because they both made unconventional decisions on how they live their lives. Yet, at the same time, they accepted the responsibilities and consequences of their choices.

Outside of the office and when she has free time, Anne likes reading books, especially mysteries and ancient history, as well as spending time with her family.