Blog Articles

Be sure to check in here every first Wednesday of the month for our exclusive blog articles! Here we will be talking about all things title, problems that can occur, things to be aware of, and answering any possible questions you may have.



AI in Real Estate

Artificial Intelligence, or AI, is a form of technology in which computer software can mimic or copy information and patterns from human intelligence. []

Assumable Mortgages Guide: Buying a Home With USDA, FHA, and VA Loans

What is an Assumable Mortgage?

In the current market value where interest rates due higher than they have been in the past few years.  […]

 

Common Problems Turned Up By Title Reports

When it comes to purchasing a home, there can come the possibility of arising issues in the property title. Unforeseen title issues can become a financial nightmare, potentially resulting in eviction and financial loss. []

 

Ultimate Guide to Protecting Your Amazon Seller Account from Scams, Fraud, and Fraudulent Sellers - Amazon Monitoring Software Protect your Amazon Listings

Seller Impersonation Fraud

The trend is real – the real estate industry has seen a skyrocketing increase in seller impersonation fraud attempts in the past few years. []

 

History of Title Insurance

How did title insurance come to be? The creation of title insurance came in 1868 during the case of Watson v. Muirhead. []

 

Buydown Mortgage

With higher mortgage rates on the rise, buying down mortgage is a temporary reduction to interest rates and can incentivize buyers more when taking out a loan for a mortgage. []

 

The Importance of Title Insurance: Why You Need It

During the process of buying a home, many essential steps will need to be taken in order to complete this process. One of which is obtaining a title report and title policy. []

 

Home Equity Loan

Home equity is the value of one’s house in the current market, however it doesn’t include liens attached to the property. []

 

FHA Loans

A Federal Housing Administration (FHA) loan is a government-backed mortgage that is provided by an FHA-approved lender. It can be used when a buyer doesn’t qualify for a conventional mortgage, VA loan, or USDA loan due to a possible lower credit score. []

APR vs. APY

APR and APY both are a measurement of interest; however APR measures the charged and APY measures the interest earned. []

Could Raising Interest Rates Reduce Inflation?

What is Inflation? Inflation is when prices in goods and services rise and can weaken the value of currency. It can have many differing factors as to why it happens, and can be defined by three types: demand-pull, cost-push, and built-in inflation […]

What is an Adjustable-Rate Mortgage (ARM) 5/1, 7/1, 10/1?

Posted: November 2, 2022

When it comes to choosing a mortgage plan, most cases will have the option of a fixed rate for the life of the loan or allowing it to fluctuate up and down […]

 

CLE Webinar: Remote Online Notarization – March 16, 2022

Date: Wednesday, March 16, 2022 Time: 11:00 a.m. – 12:00 p.m. (EST) Please click here or the link below to register for the webinar. CLE […]

Lenders vs. Owner’s Policy – March 2, 2022

Searching for a home is exciting but it is also important to be aware of all the terms and legalities you will be dealing with. […]

Cloud on Title – February 9, 2022

When buying a home, the ideal situation is purchasing a home where there are no issues with title. But unfortunately, that is not the case […]

Current Developments – January 14, 2022

Current Developments is a newsletter provided by First American Title Insurance Company highlighting some of the latest developments in the State of New York which […]

Affidavit of Title – December 1, 2021

Affidavit of title is a legal document provided by the seller of a piece of property that states the status of potential legal issues involving […]

Single and Separate and the Doctrine of Merger – November 5, 2021

  Generally, many property owners assume that where a lot is held in single and separate ownership they are entitled to an area variance “as […]

The Need For Surveys – November 3, 2021

When buying a home, there are many things that must be done before sealing the deal. One of those things is obtaining a survey. Surveys, […]

Current Developments – October 22, 2021

Current Developments is a newsletter provided by First American Title Insurance Company highlighting some of the latest developments in the State of New York which […]

What Is Wire Fraud? – October 6, 2021

There has been a new type of scam taking advantage of homeowners during the closing period and is one of the fastest growing cybercrimes in […]

Eviction Moratorium Bill – September 27, 2021

  On September 2, 2021 Governor Hochul signed legislation that extends the Covid-19 Emergency Rental Assistance Program (“CERAP”) eviction and foreclosure protections through January 15, […]