Resources

Escrow opens when we have a signed contract and enough facts to order title and hold a deposit. Missing papers do not always stop the

A reverse mortgage is still a deed of trust. When the borrower dies, sells, or is no longer living in the home, the servicer will

When the person on title has died and there is no surviving joint tenant or recorded trust, the file needs a legal path to a

A property liens are a recorded claim against land, usually tied to money. It does not always block a sale. It does show up on

A 1031 exchange is a tax structure. Title and escrow run the two (or more) closings next to it. NESI is not a Qualified Intermediary

People call it a simultaneous 1031 when the relinquished property and the replacement property are supposed to record on the same day. That is a

A Qualified Intermediary (QI) is the independent party who holds sale proceeds on a delayed 1031 exchange so those funds do not go to the

A quiet-title action is a lawsuit where a court is asked to decide who owns an interest in land and to cut off competing claims.

A short sale is a transaction that cannot pay all agreed payoffs from property proceeds unless each lender or lienholder asked to take less signs

Closing day is when the file is in a position to record and disburse, not a ceremony where keys automatically change hands. In California, buyer

Two deed names show up constantly in California closings: grant deed and quitclaim deed. They are not interchangeable. Understanding the difference in Grant Deed vs

Buyers and sellers pay the bill, but agents and lenders usually pick the file. Understanding how agents and lenders choose title and escrow in California

In a 1031 exchange, “boot” is the term used for any extra value an investor receives but doesn’t reinvest into the replacement property. Boot can

An easement grants a specific right to use another person’s property without transferring ownership of the land itself. The property that benefits from the easement

A Certificate of Trust is a short document used to confirm that a trust exists and to identify who has the authority to act on