Rock Star Protection
This is the story of Mickey Rose and Janie Su. That is, Janie the Mickey Rose super fan. After Janie cashed in her life savings to purchase the home of her music idol, she later discovered that her ownership rights were in question because the seller wasn't the real Mickey Rose. He was an imposter who took the money and ran.
Because Janie didn't have an owner's policy of title insurance, she was left unprotected.
The Flamingo Invasion
Penelope's life was in perfect order, until her neighbor Edna moved in. Not only did their styles clash, but so did their understanding of the location of true boundary line that separated their properties. Now Edna's latest construction project interferes with Penelope's ability to enjoy the investment she made in her prize garden.
Penelope declined the owner's title insurance policy when she bought her home, now she regrets that choice.
Tom the Caveman's Primal Property
Tom led a civil life in the busy hustle and bustle of the city. When he bought a remote piece of land to get away from it all, he later discovered the dirt road connecting his property to the outside world wasn't really a road. When his access was cut off, Tom was stranded without any help to defend his method of accessing the outside world.
Tom should have bought an owner's policy of title insurance to defend his rights.
Protect Your Money from Wire Fraud Schemes When Buying a Home
Buying and selling a home is an exciting time, but there can be pitfalls for unsuspecting consumers. You should be be aware that criminals are using wire fraud schemes to steal money meant for home purchases or the proceeds from the sale of the property. Watch this video for four tips to protect your money!
Always Call. Never Email. Confirm Details. Follow-up immediately.
Tips to Avoid Wire Fraud
When buying a home, be on alert for email or phone scams that will try to steal your money. Criminals can pose as your real estate agent, settlement agent or other trusted professional and provide false instructions for wiring mortgage closing funds. Watch this video for tips to avoid these scams.
For more information about closing scams, go to stopwirefraud.org.
1031 Exchanges with Vacation & Second Homes
Clients often ask whether they can sell or buy a vacation home using a 1031 exchange. The answer depends on some factors, but with proper tax planning a tax-deferred exchange may be an option.
For more information, call us today.