A New Way To Find An Agent

Homebuyers and sellers aren’t necessarily relying on word of mouth referrals to connect with a real estate agent — especially in today’s technology focused society. HomeLight can still be considered a startup, but they’re making a name by providing valuable data for sellers on real estate pros like who’s likely to close the fastest and could get the best price for their property. As time goes on, don’t expect this to be the only company providing this type of info. Take a look at this article from techcrunch.com for more on HomeLight’s business model and other points to consider for your future marketing:

https://techcrunch.com/2017/08/15/homelight-40m/

6 Closing Steps Every Homebuyer Should Expect

The journey is almost over and there’s a lot to think about when closing on a home, so the last thing you want is something to go wrong. Working with an experienced closing agent helps ensure the details come together and everything runs smoothly.

As soon as the seller accepts your offer, you can expect closing to happen within 30 to 90 days.

Here are the six steps to expect:

  • Selecting a closing agent
  • Draw up an escrow agreement
  • Title search is conducted
  • Shop for title insurance
  • Obtain a closing disclosure
  • FINALLY: Prepare for closing

Ask your real estate professional to choose Alliance Title to see how our closing agents go the extra mile for your closing!

More Homebuyer Tips & Information

The American Land Title Association helps educate homebuyers like you about title insurance so you can protect your property rights. Check out www.homeclosing101.org to learn more about title insurance and the home closing process.

This advertising offers a brief description of insurance coverages, products and services and is meant for informational purposes only. Actual coverages may vary by state, company or locality. You may not be eligible for all of the insurance products, coverages or services described in this advertising. For exact terms, conditions, exclusions, and limitations, please contact a title insurance company authorized to do business in your location.

#alliancetitle #title #escrow #realestate #ALTA

Employee Spotlight – Michelle Turner

Michelle Turner, Escrow Officer II – Meridian, ID

Michelle Turner is an Escrow Officer II at Alliance’s Meridian, Idaho branch and has been with the company since 2004. As an Escrow Officer, Michelle is the neutral third party that coordinates all sides of a transaction to ensure it goes smoothly and accurately.

Her favorite aspects of the role are working with people and solving problems. She also enjoys “walking people through what is typically the largest purchase of their life or one of the largest they will ever make. Making it a happy experience rather than a stressful one.”

Trust & Respect is Michelle’s favorite Alliance Core Value. She explains that it’s “because you can’t have business without these two core values. If someone can’t trust you, then why send you business? You don’t trust people with your business unless you respect and look up to them. It goes hand in hand.”

Michelle says she admires her mother the most out of anyone. “She is the toughest person I know and even when things aren’t going her way, she keeps it all together and comes out on top!”

“Live, Laugh, Love.” is Michelle’s favorite quote. She says it embraces everything she believes. “If you can’t laugh and love then you aren’t living. Every day is a new day and it should be treated that way. Don’t waste time being sad when you can be positive and look forward.”

Away from the office, Michelle enjoys spending time with her family, staying as active as possible with bowling being one of their favorite activities to participate in together. She hopes to one day get back into art when she finds the time.

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

Human Touch Still Important

Despite convenience products like digital mortgages growing in popularity, homebuyers still appreciate human interaction. With an important and potentially complicated investment like buying a house, Googling and reading FAQs only goes so far before eventually having to contact someone anyway. Check out this article from MReport for other reasons why borrowers still value working with a real person:

http://www.themreport.com/daily-dose/10-30-2017/human-touch-still-important-borrowers-despite-digitization

New Tax Law: What Does It Mean For Real Estate?

It’s not often that a new year brings major changes to how we’re taxed. Now that the President has signed the tax bill into law, it’s predicted to have a significant impact on the economy and thusly the real estate market.

One school of thought is that more money in Americans’ pockets means that they may accelerate their plans to buy a home. More buyers with more disposable income paired with low housing inventory might drive home prices even higher.

On the other hand, some real estate professionals think that the new tax law could dissuade buyers because the cap on mortgage interest deduction has been lowered from $1 million to $750,000. Additionally, the standard deduction has been nearly doubled, making the mortgage interest deduction less attractive.

Time will tell to see what actually happens to the real estate market.

For more information on the new tax reform bill, take a look at this article from the Journal of Accountancy.

Bitcoin & Real Estate

The real estate market is extremely fast-paced, so it’s vital for real estate agents to have an upper hand. Agents like going out of their way for clients, too. If millennial and younger clientele want to fund transactions with trendy cryptocurrencies such as Bitcoin, agents are looking at ways to make it happen. Take a look at this article from CNBC on how Bitcoin is emerging as a form of payment in real estate and what some of the possible perils are:

https://www.cnbc.com/2017/10/16/bitcoin-is-finally-buying-into-us-real-estate.html

Meet Our Soda Springs, Idaho Branch

Home to about 3,000 people and the only captive geyser in the world, Soda Springs, Idaho, is a unique destination to say the least. Part of the Oregon Trail, this community boasts a high quality of life with a storied history.

Residents and visitors alike can appreciate aspects of nature not typically found anywhere else. Soda Springs is named after its thousands of naturally carbonated springs in and around the city.

Geyser Park & Visitor Center is a point not to miss as it’s the location of the only captive geyser in the world. It was discovered in 1937 when drilling for a hot water source to situate a swimming attraction. The drill caused the carbon dioxide gas mixing with water in a chamber to erupt. The geyser is now controlled by a cap and timer allowing it to spew every hour.

Two miles west of the city is Sheep Rock Point. This waypoint has wagon ruts still visible and is where the Oregon Trail forked to guide travelers to either Oregon or California.

Click here to learn more about Soda Springs.

The Soda Springs branch welcomes the opportunity to provide title and escrow services for your next real estate transaction!

Alliance Title Soda Springs
71 E 1st S, Soda Springs, ID  83276
Phone:  208-547-3660
sodasprings@alliancetitle.com

DID YOU KNOW THAT 93%* OF OUR CUSTOMERS SAID THEY WOULD USE ALLIANCE TITLE AT THEIR NEXT CLOSING?

Here is what else our customers are saying…

We use Alliance Title and Escrow in the Bonner, Kootenai, Nez Perce, and Shoshone Market areas.  We appreciate the consistent service between all offices. – Steven & Lyssa K.

I like the fact that Alliance Title and the folks they employ are down to earth, nice, excellent at their jobs and they take exceptional care of me and my clients. – Jamie J.

Not lip service – seriously the best in all categories.  I don’t even think about using other companies. — Brandon Q.

Our closing went great thanks to Kimi Dennison who was not only very friendly, but also extremely professional. – Kim & Cynthia H.

Erica Lawrence is very efficient and helpful. She made my experience with Alliance Title very comfortable and went the extra mile to assist me. – Angela & Brian H.

*Based on customer satisfaction survey responses.

Our Industry Explained

Nobody knows what we do as title professionals. It’s important to explain in networking settings and it’s necessary for transparency. Plus, it’s fun to talk about since we’re not a bland and typical segment of the insurance industry!

The American Land Title Association has provided a short and straight to the point PDF in “question and answer” format that helps us explain our industry for networking events and at the closing table here: Our Industry Explained

AmeriTitle has provided this information for the purpose of familiarizing our clients with our industry. All publications of the American Land Title Association are copyrighted and are reference herein by specific permission from the American Land Title Association (ALTA). http://www.alta.org/

Jack Frost Is On His Way

The days are growing shorter and undoubtedly colder, so you know an inevitable guest will be making a visit soon: Jack Frost.

Here are some recommendations to help you cope with this yearly visitor that also may help you save some money…

Checklists are easy, organized and strangely satisfying when you successfully check items off. Take a look at this checklist on how to winterize your home.

Stay warm and comfortable around the house with these 17 simple ideas to keep your home warm without blasting the heat.

Speaking of staying warm, making sure your home is efficient will also help you save a few dollars. Ask your local utility companies if they provide discounted or free home efficiency audits like this one from Idaho Power: Savings For Your Home

Going somewhere? Make sure your vehicle is safe and ready to venture in the frozen wilds by checking out how you can winterize your car.

The teams here at Alliance wish you a warm and peaceful holiday season!