SEND CHANGE OF ADDRESS TO: -Post Office -Bank -Credit card companies -Friends and relatives -Insurance companies — Life, health, fire, auto -Automobile — Transfer of car title registration, driver’s license -Utility companies — Gas, light, water, telephone, cable Arrange for any refunds of deposits Arrange for service in new location -Home delivery — Laundry, newspaper, magazine subscriptions -School records — Ask for copies or transfer children’s school records -Medical records — Medical, dental, prescription histories Ask doctor and dentist for referrals Transfer needed prescriptions, x-rays, etc. -Church, clubs, civic organizations — Transfer memberships and get letters of introduction DON’T FORGET… read more →
Although the property you just purchased is new to you, it has a history, and sometimes, these histories can include unwanted baggage. During a real estate transaction’s closing process, a title search on the property is completed to determine whether there are title defects that can have an effect on the purchase. One common title issue buyers face when completing a title search is an error in public records. Humans aren’t error-free, and a clerical or filing error regarding your property can have an effect on the deed and result in costs you may not have expected. A title search… read more →
Title insurance is substantially different than other types of insurance coverage, which can often lead to a misunderstanding of the product. Title insurance emphasizes risk prevention rather than risk assumption. This emphasis on risk prevention is labor intensive and expensive, but the coverage offers the best possible opportunity for avoiding claims and losses in real estate transactions. Title insurance can be defined as the insurance of owners of the property or others having an interest therein, against loss by encumbrances, or defective titles, or adverse claims to title, and services in connection therewith. Title insurance is written either for the protection of the potential… read more →
“Escrow” is a term that describes the neutral third-party handling of funds, documents, and tasks specific to the closing (or settlement, as it is also known), as outlined on the real estate purchase agreement or sales contract. The purpose of escrow is to facilitate the transaction by managing the disbursement of funds and documents. KEY PLAYERS In accordance with local custom, the buyer or seller involved in the transaction will select the escrow provider, though they often defer to their real estate agent to make this decision. This provider could be an escrow company, title officer, or title/escrow attorney, depending… read more →
In order to truly understand the benefits and limitations of title insurance we’re breaking it down for you in a four-part series. Last week was Part 3: What is a “title examination” and why is it important? The final topic to cover is Part 4: Title Insurance Basics. Part 4: Title insurance Basics Title insurance is substantially different than other types of insurance coverage, which can often lead to a misunderstanding of the product. Title insurance emphasizes risk prevention rather than risk assumption. This emphasis on risk prevention is labor intensive and expensive, but the coverage offers the best possible… read more →
In order to truly understand the benefits and limitations of title insurance we’re breaking it down for you in a four-part series. Last week was Part 2: What is the “public records doctrine” and why does it matter? The remaining topics to cover are: Part 3: What is a “title examination” and why is it important? Part 4: Title insurance basics Part 3: What is a “title examination” and why is it important? An attorney may perform the search of the public records and examine the records himself and then issue the title opinion to the client. More often than… read more →
In order to truly understand the benefits and limitations of title insurance we’re breaking it down for you in a four-part series. Last week was Part 1: What is title? The remaining topics to cover are: Part 2: What is the “public records doctrine” and why does it matter? Part 3: What is a “title examination” and why is it important? Part 4: Title insurance basics Part 2: What is the “public records” doctrine, and why does it matter? As briefly touched on in Part 1, not only must ownership transfers of immovables be recorded in the public records, in… read more →
In order to truly understand the benefits and limitations of title insurance we’re breaking it down for you. This article is the first part of a four-part series. We will cover the following topics with you over the next four weeks: Part 1: What is title? Part 2: What is the “public records doctrine” and why does it matter? Part 3: What is a “title examination” and why is it important? Part 4: Title insurance basics Part 1: What is “title”? The types of real rights, that is, interests in immovable property, that Louisiana law recognizes are ownership, personal servitudes, predial… read more →
We first posted the story of 110 Title about three years ago. We’re posting it again now because we believe it is the backbone of our company. We hope you enjoy learning more about 110 Title and how we came to get our name. *** My father and I are frequently asked, “What is “110” anyway?” As some may guess, it does have to do with the old cliché of giving “110 %”. However, thanks to an old, grey headed, tough as nails, hard lined, “do-it-right-or-not-at-all” football coach that Jack Mendheim, (the owner), Blake (Jack’s oldest son and the owner of 110 Builders,… read more →
Whether you are purchasing a home or selling a house, knowing what to expect and being prepared at the “closing” can help eliminate stress and result in a pleasant experience. We understand how important this transaction is to you, and we are committed to consistently providing a level of service that prepares you for this final step in your real estate transaction. Although the settlement process can vary from state-to-state, here are some common items that may be required from you at closing and can help your closing go as smoothly and quickly as possible. VALID PHOTO IDENTIFICATION Two forms… read more →
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