by Capital Title | Sep 15, 2020 | Financing:
Every house is unique; appraisers are trained and licensed for expertise in putting a value on properties. Appraisers don’t work for the buyer or the seller; their primary mission is actually to protect the lender who’s risking money against...
by Capital Title | Aug 15, 2020 | Sales Process:
As this video explains, a signed sales contract doesn’t mean your house is sold. There are still financial, contractual and legal steps for both sides. The buyer has to get financing to meet the contract terms – which includes credit checks. The property...
by Capital Title | Jul 15, 2020 | Financing:
Once you’ve supplied the 6 required piece of information and included any other information the lender deemed necessary, you’ll receive a Loan Estimate within 3 business days. Once all the information has been verified IF the loan is approved the...
by Capital Title | Jun 15, 2020 | Finding:
The video puts this in more visual terms, but basically, contact the local Chamber of Commerce for promotional literature or talk to your real estate agent about welcome kits, maps, and other information. You can get information about school systems by contacting the...
by Capital Title | May 15, 2020 | Starting:
Like the video shows, your home should fit the way you live, with spaces and features that appeal to the whole family. Before you begin looking at homes make a list of your priorities – things like location and size. Should the house be close to certain...
by Capital Title | Apr 30, 2020 | Uncategorized
AVON, RIN, RON….huh? By Lisa R Confused by these electronic closing acronyms? For some clarity, read on. AVON – Audio-Visual Online Notarization. Ordered by Governor Whitmer on April 8th in order to encourage the use of electronic signatures and remote...
by Capital Title | Apr 21, 2020 | Uncategorized
If you’re like the majority in our industry, you have a bit of extra time on your hands right now. Why not learn some new apps that will help you when we can all get back to work. My two favorite apps on the attached flyer are Canva and CamScanner. Give them a...
by Capital Title | Apr 17, 2020 | Uncategorized
Capital Title is committed to the safety of our buyers and sellers as well as to our employees. News and recommendations are evolving daily, but here are some measures we are implementing now to help everyone move forward. As information changes, we will adjust these...
by Capital Title | Apr 15, 2020 | TRID
Submitting these 6 pieces of information: Name Income Social Security Number Property Address Estimated Value of Property Mortgage Loan Amount sought constitutes a valid loan application under the TRID rule. You may apply and submit these in writing OR in oral...
by Capital Title | Apr 3, 2020 | Uncategorized
Why the Housing Market May Weather Coronavirus Impact Better Than the Great Recession Written by: Mark Fleming, First American Chief Economist (shared with permission from First American Title Insurance Company) As we are all too aware, the coronavirus outbreak has...
