Transfer on Death Deed (TODD)

A Minnesota law became effective on August 1, 2008 – which allows a person to transfer property upon their death by filing a Transfer on Death Deed (TODD). Although this has been around for a while now, it hasn’t been used very often. Because of this it is not very...

Plat Drawings – What to Expect

For those who have been around real estate for a while, the term “plat drawing” is a common one for us to use.  However, for a customer who is selling or re-financing a piece of property it might not be so familiar.  We encountered a refinance situation recently where...

Mortgage Rates Climb a Bit in 2015

We thought this article was interesting. Although it means mortgage rates will climb, it also means there are more jobs to be had. http://www.latimes.com/business/la-fi-re-freddie-mac-mortgage-rates-20150611-story.html

Lost Your Abstract?

We frequently have customers who can’t find their abstract and wonder what they can do.  When going to sell a property, you need to have title evidence to come forward from – which usually means that we need to locate the abstract (if there is one).  Here...

Neutral Party

Title Tip – Neutral Party In the closing process, it’s important to understand that the closing company is a “neutral party” in any transaction.  Our responsibility is to make sure that the written agreement (generally a purchase agreement)...