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

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.

Are you interested in more leads?

Alliance Title offers lead generation tools that include qualified and targeted farm reports in addition to other prospecting lists.

Send out mailers based on:

  • Subdivision
  • Just Listed/Sold To Surrounding Homes
  • Vacant Land or Improvements
  • Assessed Value
  • Acreage
  • Square Footage
  • Property Type – Residential, Commercial, Farm Land, etc.
  • Loan Amount/Loan Origination Date
  • Owner Occupied or Rental Property
  • Year Built
  • Neighborhood

Please note there may be a charge for mailing lists depending on the type of search parameters and size.

Get in touch with your local Alliance Title office to see how else our Client Resource Guide can make your next transaction a success!

The Unsung Hero of Your Real Estate Team

In every Alliance Title office, you will find our friendly employees who are ready to help you at a moment’s notice. From our administrative assistants to our customer service representatives, escrow officers and assistants, these talented experts are a visible part of your real estate team. But did you know that there is someone on your team that works behind the scenes to ensure that your property rights are protected?

Alliance’s title professionals are undoubtedly the unsung heroes of every transaction we handle. These incredible people work in our Centralized Title Services department in Boise and in our branch operations located in Idaho, Montana, Washington and Wyoming. Every day, they methodically comb through public records looking for liens, judgements, easements, fraud and many other matters before your title insurance policy is issued. With each transaction that comes through their hands, you can be assured that they have worked to resolve any title issues before you get to the closing table.

In addition to their hundreds of hours of combined work experience, Alliance’s title professionals understand the value of teamwork. Their commitment to providing superior title services to their clients and customers is evident in every transaction, and their loyalty and camaraderie with each other and our company shows in everything they do.

So when you receive a title commitment from your title officer, be sure to send the unsung hero on your real estate team a note or give them a call to say ‘hello’.