For Buyers and Sellers Archives - Melrose Title Company https://melrosetitleco.com/category/for-buyers-and-sellers/ Title Company Mon, 13 May 2024 14:53:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 What is FIRPTA and Why Does It Matter In Real Estate Transactions? https://melrosetitleco.com/what-is-firpta-and-why-does-it-matter-in-real-estate-transactions/ Mon, 13 May 2024 14:49:00 +0000 https://melrosetitleco.com/?p=1261 Understanding FIRPTA (Foreign Investment in Real Property Tax Act) is crucial for both foreign sellers and buyers involved in U.S. real estate transactions. The following blog post serves as a comprehensive guide to navigating FIRPTA and its implications. FIRPTA, enacted in 1980, mandates a withholding tax on foreign persons selling or exchanging U.S. real property interests. [...]

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]]> Melrose Title Company Upgrades Free Title App https://melrosetitleco.com/melrose-title-company-upgrades-free-title-app/ Wed, 10 Jan 2018 16:59:05 +0000 http://melrosetitleco.com/?p=681 If you thought Melrose Title's FREE title app was already pretty great, you're going to love these latest updates! The Buyer Estimate has been redesigned to feature sections for the following: Home insurance Property tax prorations HOA dues prorations Impounds Lenders fees and other buyer expenses OR credits. Don't worry, it still includes allows you to save [...]

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]]> How to Read Title Commitments https://melrosetitleco.com/how-to-read-title-commitments/ https://melrosetitleco.com/how-to-read-title-commitments/#respond Tue, 01 Nov 2016 17:39:05 +0000 http://melrosetitleco.com/?p=490 In the title business, we work with all sorts of different parties, from loan officers to real estate professionals, as well as consumers. All too often, there is confusion among these individuals about what a title commitment is as well as how to read one. It is and has been important for them to understand [...]

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]]> https://melrosetitleco.com/how-to-read-title-commitments/feed/ 0 Going Through the Big D (And Don’t Mean Dallas): How Divorce Affects Real Property https://melrosetitleco.com/going-through-the-big-d-and-dont-mean-dallas-how-divorce-affects-real-property/ https://melrosetitleco.com/going-through-the-big-d-and-dont-mean-dallas-how-divorce-affects-real-property/#respond Tue, 04 Oct 2016 17:40:31 +0000 http://melrosetitleco.com/?p=480 We’re excited to present the latest in our series on the Melrose Title Company blog “Ask An Attorney.” This is a way for us to answer some of the more commonly asked questions and provide clarity and understanding for consumers. In this edition of “Ask An Attorney,” our own attorney Jessee Bundy addresses how divorce [...]

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]]> https://melrosetitleco.com/going-through-the-big-d-and-dont-mean-dallas-how-divorce-affects-real-property/feed/ 0 Buying and Selling Real Property Held in an Estate – Part I https://melrosetitleco.com/buying-and-selling-real-property-held-in-an-estate-part-i/ Fri, 05 Aug 2016 19:01:57 +0000 http://melrosetitleco.com/?p=378 We’re excited to present the latest in our series on the Melrose Title Company blog “Ask An Attorney.” This is a way for us to answer some of the more commonly asked questions and provide clarity and understanding for consumers. In this edition of “Ask An Attorney,” our own attorney Jessee Bundy addresses issues that [...]

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]]> What is the Good Funds Law and Why Should You Care? https://melrosetitleco.com/what-is-the-good-funds-law-and-why-should-you-care/ Wed, 29 Jun 2016 17:51:05 +0000 http://melrosetitleco.com/?p=370 Did you know there's something called the Residential Closing Funds Distribution Act of 2005 (a.k.a. the "Good Funds" Law)? The Residential Closing Funds Distribution Act of 2005 ("the Act") ensures that checks disbursed at the closing table are backed by good funds at the time of issuance and will not be dishonored when presented to [...]

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]]> Ask An Attorney: Is An Owner’s Policy Enough? https://melrosetitleco.com/ask-an-attorney-is-an-owners-policy-enough/ Mon, 27 Jun 2016 14:24:03 +0000 http://melrosetitleco.com/?p=337 We're excited to present this new series on the Melrose Title Company blog "Ask An Attorney." This is a way for us to answer some of the more commonly asked questions and provide clarity and understanding for consumers. In this edition of "Ask An Attorney," our own attorney Jessee Bundy answers the question of whether [...]

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]]> Preparing for a Closing – What to Bring With You https://melrosetitleco.com/hello-world-2/ https://melrosetitleco.com/hello-world-2/#respond Mon, 29 Dec 2014 19:09:29 +0000 http://melrosetitleco.com/?p=1 Melrose Title is fully prepared to act as a central clearinghouse for all the parties involved in your closing. This includes collecting necessary documents and providing customary and necessary settlement services. We are fully prepared to work with you from the beginning of your transaction all the way through to conclusion. When you work with [...]

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