Tip for Realtors:
If you’re the buyer’s agent, we can help with the buyer’s side of the transaction, even if the seller’s agent has chosen a different . . . → Read More: Tip for Realtors
|
|
||
|
Tip for Realtors: Tip for Sellers, Buyers and Agents: Tip for Realtors: Tip for Sellers, Buyers and Agents: Tip For Sellers and Agents: Making your job easier and reinforcing your quality to your clients. At time of listing we will: At time of contract we will: Assisting Your Loan Officers in Creating a Smooth Successful Transaction Prior to Application we will: At time of Application we will: Making Your Exchange Escrow Transaction Run Smoothly Q. What do I do when I am notified that a party to my escrow intends to do a 1031 Tax Deferred Exchange? If you are notified, either verbally or in the Purchase Contract, that a principal wants to do an exchange, you must include the "Exchange Intent Clause" in your escrow instructions (i.e. Buyer agrees to cooperate with Seller…or Seller agrees to cooperate with Buyer…or Buyer and Seller agree to cooperate with each other…). Monarch Title Company, Inc. is pleased to provide you with sample language if your company needs it. Remember, if you have placed an "Exchange Intent Clause" in your escrow instructions and are subsequently notified that your principal will not be doing an exchange, you must prepare an amendment deleting that clause from your escrow so it does not appear as if you closed and forgot to do the exchange. Does anyone have any burning questions about title insurance or the title search & closing process? We’ve spent years stuffing knowledge into our heads, and we’d love to share it with you! |
||
|
Copyright © 2012 Monarch Title Company, Inc. - All Rights Reserved |
||