Deeds of Conveyance When you sell or buy real property, the transfer of that property is executed through a deed. A deed is basically a legal instrument that transfers ownership of the property to a new owner. Note, deeds are different than title- title is the ownership of rights to property (also known as anRead more
A Deed of Trust is essentially an agreement between a lender and a borrower to give the property to a neutral third party who will serve as a trustee. The trustee holds the property until the borrower pays off the debt. Deed of Trust or “Trust Deed”, is the document that secures a loan onRead more
Ticor Title is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York – that collectively issue more title insurance policies than any other title companyRead more
What’s going on during the month of November in Orange County? Check out Ticor Title’s Calendar of Events for ideas and inspiration. For information on any of the events listed in our calendar, please reach out to your Ticor Title Sales Executive. We are wishing you all a happy Halloween and a great start toRead more
Washington, DC – The Fannie Mae Economic and Strategic Research Group maintained its full-year 2018 and 2019 economic growth forecasts of 3.0% and 2.3%, respectively, despite expectations of slightly stronger third quarter growth than the prior forecast, according to its October 2018 Economic and Housing Outlook. The ESR Group still anticipates that growth slowed fromRead more
Existing home sales fell for the sixth straight month in September, down 3.4% to an annual pace of 5.15 million following a decline of 0.2% in August to an annual rate of 5.33 million. Existing home sales are trending lower and are down 4.1% from September 2017. Regionally, sales dropped moderately in all areas ofRead more
WHAT IS PROPOSITION 10? Proposition 10 is a California voter initiative that would repeal a 1995 law called the Costa-Hawkins Rental Housing Act. The law prevents localities from enacting certain forms of rent control. Notably, it exempts single-family homes from rent control laws, along with apartments built after 1995. It also prevents something called vacancyRead more
Many cities within Southern California have special requirements for real estate transfers. We have compiled the following resources as a guide to help you understand what these are. Although we try to be inclusive and current, due to frequent change and updated ordinances we encourage you to verify the specifics with the appropriate city authority.Read more
With its share of tricks and treats, we’re not sure which is more daunting – the Internal Revenue Code or Halloween? During this time of year, a treat worth mentioning is that the Tax Code has provided taxpayers who are attempting a fourth quarter 1031 Exchange with a potion that can alleviate the sting ofRead more
Much of today’s homebuying advice is geared toward people looking to buy existing homes. However, there is another market segment that deserves sound advice – new construction. Buying new construction can provide you with exciting choices, but the buying process is different and warrants some tips for success. Find your own agent. Since the sellerRead more