Why You Need Owner’s Title Insurance

March 27, 2018

The place where you live is also one of your most valuable possessions. But did you know that ownership of your home could be threatened – or taken away from you – even if you’ve paid for the property and received a deed?

When that dream is finally realized, why wouldn’t you take every precaution to protect it?

What Is Title Insurance?

Owner’s title insurance is meant to protect your ownership interest in your home. Subject to the terms of your policy, owner’s title insurance protects you against losses incurred due to any title defects that existed prior to the purchase of your home. read more

INQUIRE BEFORE YOU WIRE

March 22, 2018

Did you know that on average a bank robber gets away with just over $3,800 worth of illegal loot while an online fraudster who commits the crime of a successful wire-fraud will steal over $129,000? It is no surprise then that this horrendous criminal act called Wire-Fraud is on the rise.

Realtors®, real estate brokers, closing attorneys, buyers and sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email. read more

Fidelity National Title 2018 Sales Rally & Awards Ceremony

March 15, 2018

Last week the SoCal Division of Fidelity National Title came together for our 2018 Sales Rally & Awards Ceremony at the Island Hotel in Newport Beach. Our FNT Residential Team presented several examples of success from 2017, which inspired all of us in attendance to create ways to make 2018 even better for our clients.

With the ever-changing technological landscape, Fidelity will consistently introduce new products such as Real Geeks, an intuitive lead-generating CRM, and new farming tools. Our goal is to make the working lives of agents more prosperous and more manageable thereby bringing value to our partnership. Our passion is to stay on top of the latest trends and bring solutions to the challenges we face when growing a business, so we can overcome obstacles together. read more

7 Reasons Why Every Homebuyer Needs Owner’s Title Insurance

March 6, 2018

Buying a home is an exciting and emotional time for many people. To help you buy your home with more confidence, make sure you get owner’s title insurance. Here’s why it’s so important for you:

1. Protects Your Largest Investment
A home is probably the single largest investment you will make in your life. You insure everything else that’s valuable to you—your life, car, health, pets, etc., so why not your largest investment? For a one-time fee, owner’s title insurance protects your property rights for as long as you own your home.

2. Reduces Your Risk

If you’re buying a home, there are many hidden issues that may pop up only after you purchase your home. Getting an owner’s title insurance policy is the best way to protect yourself from unforeseen legal and financial title discrepancies. Don’t think it will happen to you? Think again. read more

Post Tax Reform – Refresher Points for 1031 Exchanges

March 1, 2018

Tax Reform is behind us and we are happy to report that Section 1031 remains in the Tax Code. Now that investors and businesses have seen the details of the tax legislation, interest in structuring real estate transactions as 1031 tax deferred exchanges has seen great momentum.

Here are some points to consider when contemplating a 1031 tax deferred exchange:

1) 1031 Exchanges are used to defer taxes only on real estate. 1031 Exchanges for personal property were eliminated in the Tax Cuts and Job Act of 2017.

2)
1031 Exchanges allow taxpayers to defer capital gain taxes and depreciation recapture taxes and the 3.8% Net Investment Income Tax. read more