The Role of Title and Escrow

Trusted everywhere, every day.

The Role of Title and Escrow

Why do you need it?

Compliments of Fidelity National Title Insurance Company

Mark Spurbeck Strategic Accounts (206) 588-5270 Mark.Spurbeck@fnf.com www.MarkSpurbeck.com

Please find included, a property profile and legal description. This will be needed to complete the purchase and sale agreement on the sale of your home.

If you have questions, please don’t hesitate to call me at: (206) 588-5270 Mark Spurbeck

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All about your

Title

Here at Fidelity National Title, we are all about your closing and here to help every step of the way through your real estate transaction. As you begin the process, you may be wondering, WHAT IS TITLE INSURANCE? Many clients close multiple transactions without ever really understanding the important role title insurance plays in a real estate transaction.

Have questions? Just give us a call! We love sharing our business and are here for you!

Find the entire Video Collection at www.Youtube.com/fntconnect

│Trusted everywhere, every day.

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All About Your Title

What is TITLE?

What is Title and why is it needed?

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All About Your Title

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All About Your Title

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All About Your Title

5 Common Ways

to Hold Title to Real Property in Washington

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SINGLE INDIVIDUAL

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SEPARATE PROPERTY

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COMMUNITY PROPERTY

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TENANCY-IN-COMMON

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JOINT TENANCY

A person who is not married or a registered domestic partner.

A person who is married or a registered domestic partner who holds title without a spouse or registered domestic partner. Fidelity National Title Company typically requires the non-participating spouse or registered domestic partner to execute a Quit Claim Deed in order to relinquish their possible interest in the property.

The Revised Code of Washington (RCW 26.16.030) defines community property as property “acquired after marriage or after registration of a state registered domestic partnership by either domestic partner by either domestic partner; or either husband or wife; or both.

Two or more people have interests (not as community property or joint tenants) in the property. The individual interests do not need to be equal, but the sum total of the interests must equal 100% (i.e. Fred Smith, an unmarried man, as to an undivided 73% interest, and Anne Jones, an unmarried woman, as to an undivided 27% interest). The interests of each tenant-in-common passes to his or her heir(s) at law upon death.

Two or more people have equal interests in the property and the deed by which they take title must specify that the property is “held as joint tenants, with rights of survivorship”. Unlike tenancies-in-common, when a co-owner dies, his or her ownership interest automatically passes on to the other co-owners.

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All About Your Title

21 Reasons for Title Insurance Why Title Insurance is Important?

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All About Your Title

Red Flags

...on Commitment for Title Insurance

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All About Your Title

Title Policy Comparison Chart

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All About Your Title

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All About Your Title & Escrow

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All about your

Escrow

Here at Fidelity National Title, we are all about your closing and here to help every step of the way through your real estate transaction. As you begin the process, you may be wondering, WHAT IS ESCROW? While Escrow is our whole world, we understand that many of our clients are not entirely familiar with the process and we’re here to help. Check out this short video for more information. Have questions? Just give us a call! We love sharing our business and are here for you!

Find the entire Video Collection at www.Youtube.com/fntconnect

│Trusted everywhere, every day.

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All About Your Escrow

What is ESCROW?

What is Escrow and why is it needed?

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All About Your Escrow

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All About Your Escrow

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All About Your Escrow

Life of an Escrow

Closing Process for the New Home Buyer

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All About Your Escrow

Typical Closing Costs

Do You Know Your Fees?

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All About Your Escrow

Be Prepared for a Smooth Signing Appointment

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Seller’s Escrow Checklist Helpful List for the Closing Process

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Fidelity HomeBook

Helpful Tools for Prospective Buyers

You have the listing, let us help you get it sold! Providing the Fidelity National Title HomeBook for your listings assists buyers in getting a real look at their new potential home. Items included to help the potential buyer and answers to some of their questions: 

Property Profile, Plat Map and Deed…What’s the square footage?

How much land is here? How close is this property to the neighbors?

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Comparable Sales…How does this home compare with the others in the area?

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Community Information…Is this a place I could see myself living?

What services are available? What are the schools in this area?

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CC&R’s: If I buy this property, what can I do with it? Can I make improvements?

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What is Title & What is Escrow?...and why do I need them?

Cost per Book: Printed (24-48 hrs) $10.00 Emailed (4 hours) $ 5.50

Contact your Property Information Department today to order a Fidelity National Title HomeBook for your next listing!

King/Snohomish County CustomerServiceSnoKing@fnf.com 877-368-2010

Pierce County FNTTacomaCustomerService@fnf.com 866-272-5771

Kitsap County WestWASilverdaleCS@fnf.com 360-692-4556

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