MBH Settlement Group Stafford

How long does title insurance last? Title insurance is bought once and lasts as long as the owner or their heirs own the house. #titleinsurance #realestatefacts

We covered some ground here on title insurance but there is so much more. Here are some additional resources that you can use to learn more about the title process. #titleinsurance #realestatetips #closings https://lnkd.in/gYqrjWU https://www.alta.org/

Title Insurance protects the buyer from unknown liens on the property. They do this by first do their research prior to closing to ensure their are no liens from the previous owner. In some cases the previous owner is a home owner living in the house. In other cases it's the construction company that built the house. In either case their could be a lien. An example is where the previous owner does not pay a contractor, and the contractor sues and puts a lien on the property. If a buyer purchases a house with a lien on it, the buyer becomes responsible for the bill. This is one of the reasons why a good title agent is so important. #titleinsurance #titleagent #realestatefacts

Real Estate agents often get questions about title insurance and want to know why they are paying it. An owner's Title insurance is a type of insurance policy that protects the owner's legal claim to the property. It protects the owner from unknown liens against the property at the time of sale. #titleinsurance #titleagent

Realtors, do you have clients ask questions about title insurance? We are going to cover all the FAQs of title insurance from the middle of this week to the middle of next. We want to help ensure a smooth and easy transaction with your clients, and this starts with education. Follow us for this and other exciting topics! ?? #titleinsurance #realestate

Check your credit. According to money.com, buyers need a credit score of 620 in order to qualify for most mortgages. Most lenders use an in house method of determining your credit score based on the average of the three credit scoring agencies Experian, Equifax, and TransUnion. Talk to your lender to get more details. #buyersagent #homebuying

Days on Market or DOM, shows the number of days a property has been listed for sale. Generally, less desirable properties or ones priced on the high end, have a high DOM.

Did you know that MBH offers resources to realtors? We are dedicated to offering smooth closings through quality service and the support we give our Realtors. Have you seen our toolkit for Realtors? Check out what we offer at the link below. https://lnkd.in/dBctjQdn #realtorresources #realtor

Realtors have a busy job that is often under appreciated. We love Real Estate agents and want them to succeed. Here are a few tips that we have heard over the years, and we hope you find them helpful. Shop around for a brokerage firm. Your broker and the general office culture will have a big impact on your working environment. Look for offices that support growth and education. Find a mentor. Experience is something you get through time, mistakes, and effort. A mentor can bypass this by giving you the advice first before you make the mistakes and effort. This is really helpful to any career. #realtortips #realtortip

Check out this article about whether you should buy your dream home now. #realestatenews #realestate https://lnkd.in/dmDT4Gjq