Hi! I’m Shannon Blatt, Owner of Title Concepts, a leading title company in Chesapeake, Virginia. This site was created to serve as an all-in-one place for resources, services and my blog.
In the world of title insurance, there are typically two policies issued at the purchaser’s closing. There is an owner’s policy, which protects the buyer, or the new owner, and the lender’s policy protects the lender financing the purchase. With a cash purchase, there would be no lenders policy issued. Typically the buyer pays for [...]title insurance chesapeake . Title Insurance Virginia Beach
One of the biggest things we are seeing in the real estate world these days besides foreclosures, are short sales. A short sale is when you sell your property for less than what you owe on it. This can happen for a variety of reasons, of which could include: your payments have gotten to high [...]
Short sales seem to have become an every day type of transaction for many closing offices. A short sale is when a Seller sells the property for less than they owe. The lender must give approval for this, and will send an official approval letter that we will use at closing to prepare the HUD-1 [...]real estate closings Chesapeake VA