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A Snag in the Ointment
Is there a real estate transaction that you know or knew of before, which hit a snag, and the snag is the culprit that stopped the sale? What category of snag was it? Was there a lien on the property which could not be taken off? Was it a property which was still in...
Amazing Real Estate Facts to Entertain your Brain”
"Most people don’t realize it, but McDonald’s is not a burger-flipping restaurant chain; it is one of the world’s best real estate portfolios. Franchisees do the burger flipping and McDonald’s gets paid handsomely for owning the best commercial real estate all over...
The Benefits of a Title Insurance Policy from the Nation’s Largest Title Insurer.
When you purchase a home from a stranger you may never have met, it pays to have the nation’s largest title insurer with their experts to diligently search title to make sure there can be no ugly surprises you could know nothing about, and to provide insurance to...
Do I Need Title Insurance as I do Car, Fire or Health Insurance?
“You understand the benefit of car insurance and homeowners insurance, but chances are you’ve never thought about title insurance until you started the process of buying a house. What is title insurance? It’s a policy that insures that you won’t have any unknown...
20 Important Reasons Why You Need Owner’s Title Insurance:
1. Forgery 2. Fraud in the execution of documents 3. Undue inuence on a grantor of a deed 4. False impersonation by someone purporting to be the owner of the property 5. Errors in surveys 6. Undisclosed or missing heirs 7. Wills not properly probated 8....
The Lost Gold Mine of Ferguson Canyon
One of the early Mormon pioneers, according to the story, was named Brother Ferguson, who went hiking and prospecting up what is now known as Ferguson Canyon, East of Salt Lake. Ferguson Canyon is that small canyon located just to the right of Big Cottonwood Canyon....
Prince Did Not Have an Estate Plan.
“As incredible as it sounds, Prince reportedly died without a will. That news is based on a TMZ report on court documents filed by Prince’s sister, Tyka Nelson, who said “I do not know of the existence of a will.” --Forbes Magazine, April 27, 2016. Prince was a very...
HOA Fees and Restrictions
Many older subdivisions in the intermountain area have no homeowner’s associations, nor restrictive covenants, but many or most of the newer subdivisions do have them. Restrictive covenants are very beneficial most of the time in protecting homeowners in an area from...
A 33% Discount on Title Insurance to the Buyer
Most of today’s real estate closings on purchases of homes and real property are “split closings” where the Buyer chooses his/her own title company which is different from the Seller’s title company. What most buyers and many real estate agents don’t know, is that the...
Title Insurance 101
There are two types of title insurance: 1) Owner’s coverage 2) Lender, or mortgage, protection Owners title insurance ordinarily is issued in the amount of the real estate purchase and lasts as long as the insured--or his/her heirs--have an interest in the property...
Boundary Disputes – A Plague to Avoid
A boundary or easement dispute is a problem which can mushroom into some of the nastiest lawsuits, where many times more money can be spent on attorney’s fees than any benefit could accrue from winning such a lawsuit. Neighbors involved thereafter become mortal...
Have you ever thought of Estate Planning?
One of the very best new year’s goals to set is to update your estate plan. Completing and updating an estate plan is probably the most neglected area of preparation. After all, who thinks of dying? It is enough to prepare for retirement, but death??? Yet the...
Why Should You Close with an Attorney?
An attorney is trained in the law, and as such can see many issues in great depth which escrow officers without such training do not have. While escrow officers may have knowledge of the rules of title and escrow, and how those rules apply, an attorney knows the...