Broker's Title & Closing

  Selling your home is a significant milestone, but navigating the closing process can sometimes be daunting. However, with the right knowledge and preparation, you can ensure a smooth and timely closing experience. Here are five essential tips to help sellers streamline their closing process: Tip 1: Prepare the Deed As the seller, it's your responsibility to prepare the new deed for the property sale. Typically, you'll enlist the help of a title company or an attorney to assist with this task, which here in New Hampshire usually costs between $150 to $300. Keep in mind that both you and your spouse (if applicable) will need to sign the deed, even if your spouse is not listed on the title. If the property is a homestead, your spouse must release their homestead rights. It's important to note that a Power of Attorney (POA) cannot sign the deed on your behalf. Tip 2: Flexibility with the Closing Date The closing date can sometimes feel like a moving target due to vari...

Greetings, sellers and real estate enthusiasts. Today, we embark on a journey into the pragmatic realm of settlement statement figures, shedding light on the Mortgage Payoff. Recent concerns have prompted us to address common misconceptions and questions surrounding this crucial aspect of the closing process. When selling your property, it falls upon the settlement agent to ensure that all seller debts attached to the property, including current mortgages, are settled at closing. However, it's not uncommon to find that mortgage payoff statements can differ slightly from the figures reported in the seller’s current mortgage statements. Let's explore some of the reasons behind these variances. The Timing Tightrope: Exercising Caution In the pursuit of a seamless closing process, timing is of the essence. The settlement agent is responsible for ordering the mortgage payoff. Ordering a payoff statement too late risks delays, while doing so too early presents its own challenge...

  March is not just about the budding of spring; it's also a month dedicated to celebrating women's achievements and contributions throughout history. As we honor Women's History Month, it's the perfect time to shine a spotlight on the remarkable presence of women in the title industry. Did you know that According to the State of the Title Industry Report, women professionals now represent over 80% of the title industry. This impressive statistic not only highlights the significant strides women have made in the field but also underscores their indispensable role in driving the industry forward. That's right! From title agents to executives, women have been driving the success and innovation within this vital sector. A fascinating piece of history comes from the American Land Title Association (ALTA), founded in 1907 as the American Association of Title Men. In 1923, ALTA admitted its first woman member, marking a significant milestone for gender inclusivity in th...