Here at True Title, we are growing excited at the prospect of the regional re-opening of our area businesses. We continuously evaluate our policies and procedures for closings and our day-to-day operations with the goal of ensuring that our clients and our employees remain safe, secure and healthy. What follows is a brief update of our procedures […]
How to Protect Your Next Real Estate Transaction from Wire Fraud
The Threat Closing day can be exhilarating. It often represents a dream come true — a growing business, a step toward financial independence, or the culmination of years of work. Being part of a closing is one of the joys of working for a title company. Though being at the closing table with everyone is […]
True Title and CertifID are fighting wire fraud on your behalf
When you close with True Title, you can be certain we will always handle your data securely. Historically, not every party in a real estate transaction takes cybersecurity as seriously as we do. Wire fraud runs rampant in the real estate industry, likely surpassing $1.5 billion this year. Here’s how it works. A fraudster will […]
Make the Right Choice! 6 Reasons Your Title Insurance Company Matters
Having spent my career in real estate law, I’ve seen many different title insurance companies operate in the St. Louis area—some successfully, some less so. To an outsider, title insurance may feel like a straightforward commodity industry, making the differences between companies seem unimportant. But there are several areas in which your title insurance company […]
Your 10-point Real Estate Closing Checklist
…for a Smoother and More Efficient Closing Day Closing day is one of the biggest—and most stressful—days in any client’s life. Though we all want the best real estate closing possible, realtors have a lot on their plates! Sometimes little details slip through the cracks, and they find themselves scrambling at the last minute. […]
Real Estate and Divorce: What Realtors Need to Know
On average, more than three of every one-thousand Missourians get divorced each year. In many cases, divorcing couples will need to sell their home, and smart realtors understand both the pitfalls and the opportunities inherent in these properties. Often, the sale of the home represents the last stage in the divorce, making couples eager to […]
Tax Sale Season is here! [St. Louis City]
Summertime is upon us, and for many investors, that means tax sale season is here. A tax sale – when the county (or City of St. Louis) auctions real estate parcels with unpaid property taxes – offers the opportunity to acquire a parcel at a price substantially below the value; however, there are many complexities […]
Don’t Get Caught Up in These Notary Risks
Getting documents notarized may seem like a pretty routine part of the job. After all, it’s a part of every buying or selling process, and it can be as simple as having your client take the documents to their local bank branch. But, like all aspects of buying or selling, there exist legal pitfalls that […]
Reduce Taxes and Invest in Real Estate? Tell me more!
When you work in real estate long enough, you will come across transactions in which the buyer or seller wants to use an IRA to complete the deal. This is especially true if you’re working with commercial properties, or ones that may be rented out or flipped. Read on to find out what you need […]
And the client said “By the way, we never went through probate…”
When selling a property, the process of transferring title to the buyer is usually pretty straightforward. But what happens when it’s not? How is title transferred, for example, if the title-holder died more than one year ago? Understanding how to proactively and accurately navigate this situation can mean the difference between impressing your client or […]