This month’s webinar will be on June 20th, 2024 from 9am – Noon. Our topic this month is Law and Rules Required Course (LARRC) 2024-2025 from Richard Mario, Attorney with Buckley Law. We hope you can join us!
Tips for Transactions with Power of Attorneys – Dodie Schmaltz
In real estate transactions, there may be instances where sellers are unable to personally sign important documents. Whether it’s due to being abroad or having limited physical abilities, appointing a power of attorney can provide a solution.
When utilizing a power of attorney, it is crucial to verify that the seller fully comprehends and consents to its use. This can be achieved through direct communication with the seller, confirming their understanding of the situation. In cases where the seller is incapacitated, obtaining a medical note from a doctor certifying their condition becomes necessary.
The use of power of attorney grants flexibility for sellers facing unique circumstances. For example, elderly parents who require assistance with property sales or individuals traveling abroad may find this option beneficial. By appointing an agent through a power of attorney, sellers can ensure that their interests are represented even when they are physically unavailable.
If you think this is a viable option for your transaction or there is already a power of attorney in place, make sure to communicate with your Escrow Officer to see if any additional documentation is needed.
Questions? Our customer service team is here to help. Reach them via email at ticor.resource@ticortitle.com or by phone at 503.219.1000
Founded in 2012, Breakthrough Broker was a little startup with really big ideas. The founders, former REALTORS believed that agents shouldn’t have to pay 10 different subscription fees to 10 different software companies in order to run their business. They envisioned an online destination with everything an agent could need or dream of to support a successful career. The best part, it would to be free! Today over 200,000 agents have become part of the Breakthrough Broker community.
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Avoid wasting time, money, and frustration when you use our powerful Marketing Center for creating marketing materials. Download your designs watermark free and ready to print, something you can’t find anywhere else in the industry.
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We are passionate about the importance of business planning, it’s that simple. We’ve created an entire suite of business planning tools for Real Estate Agents. Plans cover all aspects of your business and have been refined and revised year after year to make them both comprehensive and easy to use.
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Want to learn more? Reach out to your Ticor Title Sales Executive today and ask them how to get connected with Breakthrough Broker!
This month’s webinar will be on May 16th, 2024 at 10am. Our topic this month is Mobile Apps for Agents from Ryan Jacobsen, our Technology Marketing Specialist. Learn about the newest apps to help you help your clients. We hope you can join us!
This months tip comes from Mariah Yee, Escrow Operations Manager.
In recent times, buyers’ closing funds continue to be the main target of fraudsters. There has been an increase in cases where fraudsters impersonate company employees, mortgage brokers, and real estate agents to deceive individuals into providing sensitive banking information. These criminals may attempt to divert funds by sending fraudulent wire instructions during the closing process.
To protect yourself from such scams, we strongly recommend exercising caution and verifying any banking information in person or from a trusted source. Whenever possible, opt for face-to-face communication when receiving wire instructions for closing funds. This will greatly reduce the risk of falling victim to fraudulent activities.
At our company, we prioritize your security and strive to ensure that all transactions are conducted safely and securely. If you have any doubts or concerns regarding wire instructions received via email or phone calls, please reach out directly using verified contact information.
By spreading this message, you can educate your customers about the potential risks involved with wire fraud and provide them with practical steps they can take to protect themselves. This includes emphasizing the importance of face-to-face communication when it comes to sensitive financial transactions like closing funds.
It’s worth noting that while face-to-face communication is recommended, it may not always be feasible due to various reasons such as distance or time constraints. In such cases, customers should exercise caution by verifying any received instructions through multiple channels (e.g., calling directly using verified contact information) before proceeding with any transactions.
Questions? Our customer service team is here to help. Reach them via email at ticor.resource@ticortitle.com or by phone at 503.219.1000
Real Geeks builds powerful, simple and easy-to-use software to help real estate professionals generate more business. Their mission is to combine innovative solutions and modern technology to improve the lives of Real Estate Professionals.
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This month’s tip comes from Crystal Spicher, Escrow Officer in our Lake Oswego office.
What is Title Insurance?
The purchase of a home is often the single largest investment people will make in a lifetime; therefore, the importance of fully protecting such an investment cannot be over stressed.
Title insurance is protection which assures that the rights and interests to the property as expected, that the transfer of ownership is smoothly completed and that the new owners receives protection from future claims against the property.
Red flags on a title report may include unresolved liens, undisclosed heirs, property boundary disputes or errors in public records.
It’s crucial to thoroughly review the title report to identify any potential issues that could impact the property ownership or marketability.
Consulting with your title and escrow team can help address and resolve these concerns.
Questions? Our customer service team is here to help. Reach them via email at ticor.resource@ticortitle.com or by phone at 503.219.1000
This month’s webinar is on Thursday, April 18th at 10am. Our topic is Working with Investors Using 1031 Exchange from our speaker Milissa Ormiston with IPX 1031. We hope you can join us!
This month’s webinar is on Thursday, March 21st at 10am. Our topic is Navigating Divorce in Real Estate from our speaker Cristina Stanek with Summit Mortgage and Rose Hubbard, Attorney-at-Law. We hope you can join us!