Title & Escrow Information

Essential information about title insurance, escrow services, and related topics for real estate transactions.

Title InsuranceProperty ProtectionReal Estate

Why Do You Need Title Insurance?

Terry Michaud Office
November 08, 2017

Title insurance is a crucial protection when purchasing property. Learn why you need it and how it protects your investment.

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Title InsuranceProperty ProtectionReal Estate

Understanding Title Insurance

Terry Michaud Office
November 08, 2017

A comprehensive guide to understanding what title insurance is, how it works, and why it differs from other types of insurance.

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Title InsurancePreliminary ReportsProperty Purchase

Understanding Preliminary Reports

Terry Michaud Office
November 08, 2017

Learn about preliminary title reports, what they contain, and why they are crucial in real estate transactions.

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Title InsuranceRefinancingMortgage

Title Insurance When Refinancing Your Loan

Terry Michaud Office
November 08, 2017

Understanding why you need new title insurance when refinancing your home loan and how it protects your lender.

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Title InsuranceTrustsEstate Planning

Title Insurance Requirements for Insuring Trusts

Terry Michaud Office
November 08, 2017

Learn about the requirements for title insurance when property is held in a living trust and what documentation is needed.

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Title InsuranceInsurance CostsRisk Management

Title Insurance - Where Does Your Dollar Go?

Terry Michaud Office
November 08, 2017

Understanding how title insurance premiums are used and why the cost structure differs from other types of insurance.

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EscrowReal Estate TransactionProperty Purchase

The Functions of an Escrow

Terry Michaud Office
November 08, 2017

Understanding the essential role of escrow in real estate transactions and how it protects all parties involved.

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Title InsuranceDocumentationProperty Purchase

Statements of Information

Terry Michaud Office
November 08, 2017

Learn about Statements of Information, why they are needed, and how they help title companies distinguish between similar names in property records.

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IRSTax ReportingReal Estate Transaction

Required Reporting to the I.R.S.

Terry Michaud Office
November 08, 2017

Understanding the IRS reporting requirements for real estate transactions and what information must be provided.

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Creative FinancingSeller FinancingReal Estate

Creative Financing

Terry Michaud Office
November 08, 2017

Learn about the implications of carrying back a second mortgage and why you need lender's title insurance when becoming a lender.

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