Spouse Must Sign on the Mortgage – Title Tips

Title Tip – Spouse MUST sign on mortgage All fee owners of a property must sign on a mortgage – whether for a purchase or for a refinance.  This is fairly clear and something most people are comfortable with. However, we often encounter situations where a...

Witness Closing – Title Tip

Title Tip – Witness Closing The use of a Witness Closing (or signing/ notary service) has become much more common in recent years.  It is often used where buyers and sellers live long distances away from each other, and one party or another (or both) uses a Witness...

First Lien Position (Priority) – Title Tip

Title Tip – Priority For any mortgage filed on real property, it is important to establish that the loan is in “first lien position”.  Lenders demand and expect this.  Title Insurance insures this for a new loan – unless there is an existing mortgage...

Title Tip – How to Establish Priority

Title tip – How to establish Priority This is a continuation of the title tip from last week.  We discussed the need to establish priority (get the mortgage recorded) before ANY labor or materials are delivered to the site.  In this Title Tip, we will discuss...

Legal Deeded Access – Title Tip

Title Tip – Plat Drawing 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...