Why Buyers Should Consider the ALTA Homeowner’s Title Policy While many buyers spend a significant amount of time weighing up loans and homeowner’s insurance, few give much thought to the title policy from the title insurance agency. However, the right title policy can provide significant protections up to and beyond closing – and may still […]
1031 Exchanges for Investors: How to Play the Long Game
1031 Exchanges for Investors: How to Play the Long Game With inflation a continued concern, and the market heading into bear territory, investors are looking at property as a way to safely diversify their portfolios. And reasonably so. Real estate allows for the steady accumulation of wealth in several ways. Real estate tends to be […]
Everything You Need to Know About FIRPTA – as a Buyer or Seller
Whether you’re preparing to buy or sell a US property, it’s important to understand your obligations under the Foreign Investment in Real Property Tax Act (FIRPTA). If the seller is considered a “foreign person” (as defined by the Internal Revenue Code), the buyer may be subject to tax withholding obligations under FIRPTA. Importantly, the obligation […]
Adverse Possession 101
Did you know that someone can claim ownership of a property (in part or whole) without having purchased it? This is known as “adverse possession,” and is a holdover from the frontier days when staking your claim on a piece of land made it yours. How does adverse possession work? Under adverse possession laws, a […]
St. Louis Art Fair Update – 2021
For years, from our offices in downtown Clayton, we’ve put on parties, receptions and provided a place to go for a snack and a drink for our clients, guests, friends and staff attending the St. Louis Art Fair. Recognizing the trajectory of COVID-19 in our community, we have decided that it is in the best […]
1031 Exchanges with Delaware Statutory Trusts (DSTs)
a hands-off investment strategy Especially during this time of uncertainty, many investors are considering more passive investment options. Delaware Statutory Trusts (DSTs) are one lesser-known option for real estate investors wanting to take a more hands-off approach while deferring the capital gains tax associated with selling investment properties. We sat down with Nir Regev […]
True Title partners with the Gateway Neighborhood Fund
In the City of St. Louis residential lending north of Delmar makes up only 4% of residential loans made across the city. Decades of discriminatory housing policies and practices continue to perpetuate segregation and vacancy throughout the St. Louis region. One reason loans are not being made is because of an issue called the “appraisal gap” – when […]
Curbside Closings and AVN: 7-23-2020
Based on the community trajectory of COVID, True Title will return to providing the options of curbside and AVN closings, with the offices only open to team members. As with all other procedural changes during the COVID-19 crisis, these offerings are subject to change as the pandemic situation changes and further guidance and orders are […]
Don’t Fail Your Buyer! Ask These Questions Now
“But one of the reasons we bought the home was….” Imagine getting a call from a client that bought their dream home thanks to your efforts as buyer’s agent. You remember how excited they were to move in, how happy they were with your service, and how smoothly everything seemed to go through the closing […]
Would You List It? Grammy Nominee Edition
The Grammy Awards air Sunday, February 10, and most of the record of the year nominees have used their success to purchase some pretty amazing real estate. Though a few of the artists are either too busy to settle down or have committed to keeping their personal lives private, here are some of the beautiful […]