Podcasts about Title insurance

Keith discusses the mortgage landscape, emphasizing the benefits of cash-out refinances with Ridge Lending Group President, Caeli Ridge. They unpack the Trump administration's plan to privatize Fannie Mae and Freddie Mac, which could impact the mortgage market. Investors are discovering powerful strategies to leverage property equity and optimize their financial portfolios. By understanding innovative borrowing techniques, savvy real estate investors can access tax-efficient capital and create sustainable wealth-building opportunities. Consider working with a lender that specializes in investor-focused loan products and provides comprehensive education on the options available.  Resources: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Show Notes: GetRichEducation.com/554 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, we're talking about the mortgage loan landscape in this era. Is title insurance a rip off today? Is it worth it for you to pay discount points at the closing table to get a lower interest rate? Learn about how a cash out refinance. Is your ability to borrow tax free, much like a billionaire does, and what are the dramatic changes that the current administration could take to alter the mortgage environment for years, all today on get rich education.    Speaker 1  0:34   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, who delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:20   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:36   Welcome to GRE from Liverpool, England to Livermore, California and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education, the voice of real estate. Since 2014 it's been estimated that there are about 800 billionaires in USA, and hey, you might be one of them, but there's a pretty good chance that you aren't well. When it comes to lending and mortgages, you can actually take a page out of a billionaires playbook and do something very much like what they do whenever you perform a cash out refinance if you've got dead equity in a property, and you can borrow against your own home to a greater extent than you can against your rental properties, even either one of those is a tax free event, you've now got tax free cash, and you can use that money on anything from investing it in the stock market To using your proceeds for a down payment on more real estate or buying a boat or going to Disneyland, and you didn't have to relinquish your asset at all. You continue to hold on to the asset. Now, the mechanics are somewhat different, sure, but when you do a cash out refinance like this, it's a bit like billionaires borrowing against their stock. Instead, you're borrowing against the value of your real estate. In fact, listening to this short clip, it's Trevor Noah talking about how billionaires do exactly this, and you'll notice that the crowd laughs because it actually sounds funny that you can really do this,    Speaker 2  3:22   the shares that they hold in a company, because it is an unrealized gain, right? So they go like, yeah, you're worth 300 billion, but we can't tax you on those stocks because you haven't sold the shares, so you don't, like, have the money. And I understand the argument. They go like, No, you don't have it. It's just what it's worth, because it will also crash, and then you have nothing, so we can't tax you on it. Then I'm like, Okay, I understand that. Then Elon Musk offers to buy Twitter, all right? He offers to buy it. And then he says in his offer, he goes, I'm putting up my Tesla stock as collateral. Then I'm like, so you do have it? Then he's like, no, no, no, no, I don't have it. I don't have it. I'm just gonna say so then they accept the offer. He now buys Twitter. Now that they've accepted his offer, he now goes to private equity and banks and like other rich people and whatever. He goes like, can you guys borrow me the money to buy Twitter? And then he's like, I'm I want to buy Twitter because I don't want to sell any of my Tesla shares, so I want to use your money to buy Twitter. And then it's like, but then they're like, What are we loaning it against? And he's like, Well, my Tesla shares. Then I'm going, like, Wait, so, so you, you can, you can buy a thing based on what you have, yes, but when we want to tax you, you can say, I don't have it. Do you hear what I'm saying here?   Keith Weinhold  4:46   Yeah, you can borrow against your real estate if you have substantial equity in it. We'll talk about just how much now billionaires borrow against their stock holdings using financial products like portfolio lines of credit or. For securities based loans. These are the names for how they do it, essentially taking out loans and using their stock as collateral. And this allows them to access cash without selling their assets and without incurring capital gains taxes, much like you can so you can say that you don't want to sell your property in you don't have to go through some capital raising round either, like a billionaire might have to when they're borrowing against their stock. You can just have a more standard mortgage application for your cash out refinance, and you don't even have to have a huge portfolio. I mean, even if you just own one 500k property with 50% equity in it, you can do this so it's available to most any credit worthy person, again, tax free. But of course, this doesn't mean that you always should take this windfall, because it often creates a higher monthly payment. You've got to be the one that makes that decision in controlling your cash flows, that is key. I'll talk about that some more with today's terrific guests. Also the Trump administration's desire to privatize Fannie Mae and Freddie Mac we're going to talk about that and what that would do to the mortgage landscape. I am in the USA today, next week, I'll be bringing you the show from London, England for the first time, the following week, from Edinburgh, Scotland. Yes, the mobile GRE Studio will be in effect. I typically set it up myself, and I usually don't need the help of the hotel staff for an appropriate Sound Studio either. And then shortly after that, I will be in Anchorage, Alaska, where I'm competing in these fantastic mountain running races. And then by next month, that's where I hope to meet up with you in person for nine days of learning and fun, as I'll be in Miami as part of the faculty for the terrific real estate guys invest or summon at sea, where we're all going to disembark from Miami and go to St Thomas, St Martin and the Bahamas, and then after that great event, it is a long flight from Miami back to Anchorage again. And that's got to be one of the longer domestic flights, not just in the nation, but in the world, Miami to Anchorage, and then shortly after that, I will be in the Great Northeast early this summer, New York and Pennsylvania, including for my high school reunion. So I'll really be putting the miles on these next couple months. One interesting thing that I've noticed for next week's show, where I'll be joining you from London, is how much I'm paying per night at both my hotel in England and then later my hotel in Scotland. That's obviously a short term real estate transaction. These are some of the more expensive places in the world, really. So next week and then the week after, I just think you'll find it interesting. I'll tell you how much I'm spending per night in both London and then Edinburgh. And they're both prime locations, where the hotels are the center of London and then right on Edinburgh's Royal Mile. That is in future weeks as for today, let's talk about the mortgage landscape with this week's familiar and terrific guest.   I'd like to welcome in one of the more recurrent guests in our history, so she needs little introduction. She's the longtime president of the mortgage company that's created more financial freedom for real estate investors than any lender in the nation because they specialize in income property loans. It's where I get my own loans for my own rental properties. Ridge lending group. Hey, welcome back to GRE Caeli ridge.    Caeli Ridge  8:57   Thank you, Keith. You know I love being here with you and your listeners. I appreciate you having me.   Keith Weinhold  9:01   You've helped us for so long. For example, who can forget way back in episode 56 Yeah, that's a deep scroll back when Chaley broke down each line of a good faith estimate for us, that's basically a closing statement sheet. She told us exactly what we pay for at the closing table, line by line like origination fee, recording costs and title insurance so helpful. It's just the sort of transparency that you get over there. Buyers pay for title insurance at the closing table. It is title insurance a rip off. A few years ago, a lot of people speculated that title insurance would fade away because the property's ownership could be transparent and accessible to everybody on the blockchain, but we don't really see that happening. So tell us about title insurance, and really, are we getting value in what we pay for there at the closing table?   Caeli Ridge  9:54   Well, I think the first thing I would say is that it really isn't going to be an option as far as I. Know, as long as the individual is going to source institutional funding leverage use of other people's money, they're going to require the lender, aka Ridge lending, or whoever you're working with, they're going to require that title insurance that ensures their first lien position. Doing that title search, first and foremost, is going to make it clear that there isn't some cloud on title, that there isn't some mechanic lien that had been sitting out there for however many years it may have just been around. And those types of things never go away. So for a lending perspective, it's going to be real important that that title insurance is paid for and in place to protect their interests, things like judgments, tax liens, like I said, a mechanic's lien, those will automatically take a first lien position in front of a mortgage. So obviously we're not going to risk that and find ourselves in second lien position in the event of default and somebody else is getting paid before we are. So not really an option. Is it a rip off? I don't know enough about how often it's paid out, and not to speak to that, but I will tell you that it isn't a choice.   Keith Weinhold  11:07   Title Insurance, like Shaylee was talking about. It protects against fraud related to the property's ownership, someone else claiming rights to the property, and this title search that an insurer does it also, yeah, it looks for those liens and encumbrances, including unpaid taxes, maybe unpaid HOA dues, but yeah, mortgage lenders typically require title insurance, and if you the borrower, you might think that's annoying. Well, it does make sense, because the bank needs to protect their collateral. If a bank ever has to foreclose, they need to have access to you, the borrower, to be able to do that without any liens or ownership claims from somebody else. Caeli, how often do title insurance companies mess up or have to pay out a claim? Does that ever happen?   Caeli Ridge  11:50   I mean, if I have been involved in a circumstances where that was the case, it's been so many years ago, they're pretty fastidious. I don't know that I could recall a circumstance where something had happened and the title insurance was liable. They go through the paces, man, they've got to make sure that, and they're doing deep dives and searches across nationwide to make sure that there isn't any unnecessary issue that's been placed on title Not that I'm aware of. No.    Keith Weinhold  11:50   Are there any of those other items that we tend to see on a good faith estimate that have had any interesting trends or changes to them in the past few years?    Caeli Ridge  12:27   Yeah, I've got a good one, and this is actually timely credit reports. So over the last couple of years, something has been happening with credit reports where, you know, maybe three, four years ago, a credit report, let's say a joint credit report, a husband and wife went and applied that credit report might cost 25 bucks. Well, now it's in excess of 100 plus. Some of what we're going to be talking about today, it kind of gets into the wish list of Jim neighbors, who is the president of the mortgage brokers Association. He's been talking to the administration about some of his wishes, and credit report fees is actually one of the things that they're wanting to attack and bringing those costs down for the consumer. So when we look at a standard Closing Disclosure today, credit report costs have increased significantly. I don't have the percentages, but by a large margin over the last couple of years,    Keith Weinhold  13:21   typically not one of your bigger costs, but a little noteworthy. There one thing that people might opt and choose to have on their good faith estimates, so that borrower therefore would actually pay more out of pocket with today's higher mortgage rates. And I'm sure not to say high, because historically, they are not high. Do we see more people opting to pay discount points at the closing table to get a lower rate and talk to us about the trade offs there   Caeli Ridge  13:46   right now, first and foremost, that there isn't a lot of option for investment property transactions, whether it be a purchase or refinance. There's not going to be that option where the consumer gets to choose to say, Okay, I want to pay points for a lower rate or not pay points for a higher rate the not paying points is the key here. There isn't going to be a zero point option for investment property transactions. And this gets a little bit convoluted, and then I'll circle back and answer the question of, when does it make sense to pay the points, more points versus less points? We have been in a higher rate environment that I think a lot of people have become accustomed to as a result secondary markets, where mortgage backed securities are bought and sold, they keep very close tabs on the trends and where they think things are headed. Well, something called YSP, that stands for yield, spread, premium, under normal market circumstances, a consumer can say, okay, Caeli, I don't want to pay any points. Okay, I'll take this higher interest rate, and I don't want to pay any points, because that higher interest rate is going to have YSP, yield, spread, premium to pay compensation to a lender, and you know, the other third parties that may be involved in that mortgage backed security. But. Sold and traded, etc, okay? They have that choice under normal market circumstances. Not the case right now, because when this loan sells the servicing rights, whoever is going to pick up the servicing rights, so when Mr. Jones goes to make his mortgage payment, he's going to cut a check to Mr. Cooper. That's a big one, right? Or Rocket Mortgage, or Wells Fargo, whoever the servicer is, the servicing rights are purchased at a cost. They have to pay for the servicing rights, and let's say that's 1% of this bundle of mortgage backed securities that they're purchasing. Well, they know the math is, is that that servicer is going to take about 36 months before that upfront cost is now in the black or profitable. This all will land together. Everybody, I promise you stick with me, so knowing that we've got about a 36 month window before a servicer that picked up the rights to service this mortgage is going to be profitable in a higher rate environment, as interest rates start coming down, what happens to the mortgage that they paid for the rights to service 12 months ago, 18 months ago, that thing is probably going to refinance right prior to the 36 month anniversary of profitability. So that YSP seesaw there is not going to be available for especially a non owner occupied transaction. So said another way, zero point rates are not going to be valid on a non owner occupied transaction in a higher rate environment when secondary markets understand that the loans that are secured today will very likely be refinanced prior to profitability on the servicing side of that mortgage backed security that is a risk to the lender, yes. So we know that right now you're not going to find a zero point option. Now that may be kind of a blanket statement. If you were getting a 30% loan to value owner occupied mortgage with 800 credit scores, you know that's going to be a different animal. And of course, you're going to have the option to not pay points. The risk for that is nothing. Okay, y SP is going to be available for you, the consumer, to be able to choose points at a lower rate, no points higher rate. When does it make sense to pay additional points? Let's say to reduce an interest rate, the break even math. And you know, I'm always talking about the math, the break even math is actually the formula is very simple. All you need to do is figure out the cost of the points. Dollar amount of the points, let's say it's $1,000 and that's what it's going to cost you to, say, get an eighth or a quarter or whatever the denomination is, in the interest rate reduction. But you aren't worried about the interest rate necessarily. You're looking at the monthly payment difference. So it's going to cost you $1,000 in extra points, but it's only going to save you $30 a month in payment when you divide those two numbers, what's that going to take you 33 months? 30 well, okay, and does that make sense? Am I going to refinance in 33 months? If the answer is no, then sure pay the extra 1000 bucks. But that's the math, the cost versus the monthly payment difference divide that that gives you the number of months it takes to recapture cost versus cash flow or savings, and then you be the determining factor on when that makes sense.    Keith Weinhold  18:10   It's pretty simple math. Of course, you can also factor in some inflation over time, and if you would invest that $1,000 in a different vehicle, what pace would that grow at as well? So we've been talking about the pros and cons of buying down your mortgage rate with discount points before we get into the administration changes. Cheley talk about that math in is it worth it to refinance or not? It's a difficult decision for some people to refinance today with higher mortgage rates than we had just a few years ago, and at the same time, we've got a lot of dead equity that's locked up.   Caeli Ridge  18:40   I would start first by saying, Are we looking to harvest equity? Are we pulling cash out, or are we simply doing a rate and term refinance where we're replacing one loan with another loan, if it's for rate and term, if we're simply replacing the loan that we have today with a new loan, that math is going to be pretty simple. Why would you replace 6% interest rate with a 7% interest rate? If all other things were equal, you wouldn't unless there was a balloon feature, or maybe an adjustable rate mortgage or something of that nature involved there that you have to make the refinance. So taking that aside, focusing on a cash out refinance, and when does it make sense? So there's a little extra layered math here. The cash that you're harvesting, the equity that you're harvesting, first of all, borrowed funds are non taxable. What are we going to do with that pile of cash? Are we going to redeploy it for investing more often than not talking to investors? The answer is yes. What is that return going to look like? So you've got to factor that in as well, and then we'll get to the tax benefit in a moment. But generally speaking, I like to as long as the cash flow is still there, okay, you've got to have someone else covering that payment. Normally, there's exceptions to every rule. I don't normally advise going negative on a cash out refi. There are exceptions. Okay, please hear me. But otherwise, as long as the existing rents are covering and that thing is still being paid for by somebody else, then what you want to do is look at that monthly payment. Difference again, versus what you're getting out of it. And then you divide those two numbers pretty simply, and it'll take you how long. And then you've got a layer in the cash flow that you're going to get from the new acquisitions, and whether that be real estate or some other type of investment, whatever the return is, you're going to be using that to offset. And then finally, I would say, make sure that you're doing adding in the tax benefit. These are rental properties guys, right? So closing costs can be deducted now that may end up hurting debt to income ratio down the road. So don't forget, Ridge lending is going to be looking at your draft tax returns. Very, very important to ensure that we're setting you up for success and optimizing things like debt to income ratio on an annual basis.   Keith Weinhold  20:40   Now, some investors, or even primary residence owners might look at their first and only mortgage on a property, see that it's 4% and really not want to touch that. What is the environment and the appetite like today for having a refinance in the form of a second mortgage? That way you can keep your first mortgage in place and, say, 4% get a second mortgage at 7% or more. How does that look for both owner occupied and non owner occupied properties today?   Caeli Ridge  21:07   you're going to be looking at prime, plus, in many cases, if you don't want to mess with a first lien, a second lien mortgage is typically going to be tied to an index called prime. Those of you that are familiar with this have probably heard of that. Indicee. There's lots of them. The fed fund rate, by the way, is an index. There's lots of them. The Treasury is also another index. Prime is sitting, I think, at seven and a half percent. So you're probably going to be looking at rate wise, depending on occupancy and credit score and all of those llpas that we always talk about, loan level, price adjustment. You know, it could be prime plus zero, it could be prime plus four. So interest rates could range between, say, seven and a half, on average, up to 11 even 12% depending on those other variables. More often than not, those are going to be interest only. So make sure that you're doing that simple math there. And I would prefer if I'm giving advice the second liens, the he loan, which is closed ended, very much like your first mortgage, it's just in second lien position. It's amortized over a certain period of time, closed ended. Not as big a fan of that. If you can find the second liens, especially for non owner occupied, I would encourage it to be that open ended HELOC type.    Keith Weinhold  22:15   What are we looking at for combined loan to value ratios with second mortgages    Caeli Ridge  22:19   on an owner occupied I think you'd be happy to get 90. I think I've heard that in some cases, they can go up to 95% in my opinion, that would go as high as they'll let you go right on a non owner occupied, I think you'd be real lucky to find 80, and probably closer to 70.    Keith Weinhold  22:34   That really helps a lot with our planning. Well, the administration that came in this year has made some changes that can create some upheaval, some things to pay attention to in the mortgage market. We're going to talk about that when we come back. You're listening to get rich education. Our guest is Ridge lending Group President, Caeli Ridge I'm your host, Keith Weinhold.    The same place where I get my own mortgage loans is where you can get yours. Ridge lending group  NMLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Chaeli Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866   Hal Elrod  24:38   this is Hal Elrod, author of The Miracle Morning and listen to get rich education with Keith Weinhold, and don't put your Daydream.   Keith Weinhold  24:55   Welcome back to get rich education. We're talking about mortgages again, because this is one. Where leverage comes from. I'm your host. Keith Weinhold, we're sitting down with the president of ridge lending group, Caeli Ridge, and I know that she has some knowledge and some updates on new administration leadership and some potential changes for the market there. What can you tell us? Caeli   Caeli Ridge  25:16   I'm pretty excited about this one, and I'm watching very diligently to see how it unfolds. So the new director of the FHFA Federal Housing Finance Agency, all is Bill Pulte. This is the grandson of Pulte Homes. Okay, smart guy. I'm excited to see what he's going to come in and do. Well. He had recently, I think in the last couple of weeks, he put out in the news wires asking for feedback from the powers that be, related to Fannie and Freddie, what improvements they would like to see. So first up was Jim neighbors. He is the president of the mortgage brokers Association. He had a few very specific wish list items, if you will. And the first one on his list was the elimination of LLP, as for non owner occupied and second home. So let me just kind of paint a picture here, because there's some backstory I think is important. So an LLPA, for those of you that have never heard that term before, stands for a loan level price adjustment. And a loan level price adjustment is a positive number or a negative number that associates with the individual loan characteristics. So things like loan to value or loan size, occupancy is a big ll PA, the difference between an owner occupied where you live and one that you're going to use as a rental property, that's a big one. Credit score, property type, is it a single family? Is it a two to four? Is this a purchase? Is it a refi? Anyway, all of those different characteristics are ll pas. Well, if we take a step back in time, gosh, about three years ago now, Mark Calabria, at the time, was the director of the FHFA, and he had imposed increases, specific increases. This was middle of 22 I want to say specific increases to the LL pas for non owner occupied property. So if anybody kind of remembers that time, we started to really see points and interest rates take that jump sometime in 2022 more than just the traditional interest rate market and the fluctuations. This was very material to investment property and second home, but we'll focus on the investment property. So Mr. Jim neighbors came in and said, first and foremost, I'd like to see those removed, and I want to read something to the listeners here, because I thought it was very interesting. This is something I've been kind of preaching from the the rooftops, if you will, for many, many years. Yeah, we've got neighbors sticking up for investors here. He really is. And I Yeah, well, yes, he is. And more often than not, they're focused on the owner occupied so I'm just going to kind of read. I've got my cheat sheet here. I want to make sure I get it all right for everybody. So removal of the loan level price adjustments on investment properties and second homes, he noted that these risk based fees charged by Fannie and Freddie discourage responsible buyers from purchasing second homes and investment properties, with that insignificant increase to cost. And here's the important part, originally introduced to account for additional credit risk, many of the pandemic era llpa increases were not based on updated risk metric. In fact, data has shown that loans secured by investment properties often have strong credit profiles and lower than expected default rates. I mean, anybody that has been around long enough to see what we've come from, like, 08,09, and when we had the calamity of right, the barrier for entry for us to get any conventional financing as investors has been harsh. I mean, I make that stupid joke of vials of blend DNA samples. But aside from it being an icebreaker, it kind of feels true. We really get the short end of the stick. And I feel like as investors especially, post 08,09, our credit profiles, our qualifications, the bar is so high for us, the default risk there has largely been removed. We've got so much skin in the game. With 20 25% down, credit score is much higher, debt to income ratios more scrutinized, etc, etc. So I think that this is, if it passes muster. I think this is going to be a real big win for the non owner occupied side of agency, Fannie, Mae, Freddie, Mac lending.   Keith Weinhold  29:13    The conventional wisdom is, is that if you the borrower, get into financial trouble, you're more likely to walk away from your rental properties than you are your own home and neighbors, sort of like a good neighbor here sticking up for us and stating that, hey, us, the investors, we're actually highly credit worthy people.   Caeli Ridge  29:29   Yeah, absolutely. So fingers crossed. Everybody say your prayers to the llpa and mortgage investor rates gods.   Keith Weinhold  29:37   we'll be attentive to that. What other sorts of changes do we have with the administration? For example, I know that Trump and some others in the administration have talked about privatizing the GSEs, those government sponsored enterprises, Fannie, Mae, Freddie Mac and what kind of disruption that would create for the industry. Is it really any credence to that?   Caeli Ridge  29:58   They've been talking about it for. For quite a while. I mean, as long as Trump has been kind of on the scene, that's been maybe a wish list for him. I don't see that happening over the next years. That is an absolute behemoth to unpack and make a reality. Speaking of Mark Calabria, he was really hot and heavy on the trails of doing that. So what this is, you guys so fatty Freddy, are in conservatorship that happened back post 08,09, and privatizing them and making them where it is not funded, or conservatorship within the United States government. Now it still has those guarantees against default. It's a very complicated, complex, nuanced dynamic of mortgage backed securities, but if we were to privatize them at some point now, am I saying that that's a bad thing? No, not necessarily, but I think it has to be very carefully executed, and because there are so many moving parts, I do not think that just one term of presidency is going to make that happen. If we do it, it's going to be years down the road from now. Is my crystal ball. I don't think we're going to see that anytime soon.    Keith Weinhold  30:58   That's interesting to know. Are there any other industry changes that are important, especially for investors, whether that has to do with the change in administration or anything else?   Caeli Ridge  31:08    Well, specific to that wish list from Mr. Neighbors, one of the other things that he had asked, and there were quite a few, for owner occupied changes as well, he wants to reduce the seasoning for cash out refinances of investment properties, which would be huge good. Yeah, right now it's 12 months on a cash out refinance given very specific acquisition details. Okay, I won't go down that rabbit hole, but currently, if you haven't met exactly these certain benchmarks, you may have to wait 12 months to pull cash out of a property from the day that you acquire it, he's asking that that be pulled back to about six months, which would be nice   Keith Weinhold  31:46   reducing the seasoning period from 12 months to six months, meaning that an investor a borrower, would only need to own that property for that shorter duration of time prior to performing a refinance.   Caeli Ridge  31:58    Cash out refinance, no seasoning required on a rate and term. This is specific for cash out. But again, for cash out, but exactly right   Keith Weinhold  32:04   now, one trend that I think about sometimes, especially when I think back to 2008 2009 days since I was an investor through that time, is, are there any signs in the reduction of the appetite or the propensity to lend, to make loans. So how freely is credit flowing?    Caeli Ridge  32:25   I think pretty freely. I'm not seeing that they're tightening the purse strings. That's not the lens that I'm looking at it from, and I try to keep that brush stroke broad. There have been, I think that on the post, close side, there's been a little extra from Fannie Freddie, and I think that has to do with profitability markers. But overall, I'm not seeing that products are disappearing necessarily, or that guidelines are really becoming even more cumbersome. If anything, I would say it's maybe the reverse of that, and I do believe that probably is part and parcel to this administration and the real estate background that comes with it.   Keith Weinhold  32:59   One other thing I pay attention to, but it just really hasn't been much of a story lately. Are delinquencies in foreclosures. It seems like they've ticked up a little bit, but they're still both really historically low and basically a delinquency being defined as when a borrower makes one late payment, and foreclosures being the more severe thing, typically a 120 days late or more. Any trends there? I'm not   Caeli Ridge  33:24   seeing any now. And in fact, I would tell you that, because we focus so much on investor needs, first payment default is I can count on less than one hand, if I had to, how many times I've seen that happen with our clients over 25 years. So nothing noteworthy there for me.    Keith Weinhold  33:40   Yes. I mean, today's borrowers are just flush with equity. Nationally, there's a loan to value ratio of 47% which is healthy, in a sense. On average, borrowers have a 53% equity position. Of course, the next thing, I think, is like, I don't really know if that's a smart strategy. They're not really getting that much leverage out there. But I think a lot of people just have the old mentality of get it paid off.    Caeli Ridge  34:06   And I think that depending on where you are in your journey, I mean, if you're in phase three, right, where you're just really looking at these investments, these nest eggs to carry you into your retirement and or for legacy reasons, fine, but otherwise, I may argue the point in that I don't care that you have a 3% interest rate on an investment property, or whatever it may be, if it's sitting there idle and as long as it can cash flow, the true chances of those individuals of keeping that mortgage that they got in 2020, 2021, etc, at those ridiculously low interest rates and stroking 360 payments later to pay it to zero is a fraction of a percent right now, whether they're on the sidelines for something else, I don't know, but that debt, equity, I think, is hurting them more than a 3% interest rate is helping them.   Keith Weinhold  34:52    And a lot of times, the mindset of someone is, if they don't need to build wealth anymore, and they're older and they already built wealth, they don't care if they're loaned to value. Was down to zero, and they have it paid off, whereas someone that's in the wealth building phase probably wants to get more leverage. Yeah, Chaley at risk lending group, there you see so many applications come in, and especially since you're an investor centric lender, I like to ask you what trends you're seeing. What are people buying? What are people doing? Are they refinancing? Are they paying loans off? Are they trying to take out more credit? Are there any overall trends with investors that you see in there    Caeli Ridge  35:29   right now? I think the all in one is a clear winner there. The all in one, that first lien, HELOC, that you and I talked about, we broke my little corner of the internet with that one, that one is a front runner for sure, on the refinance side, specifically, we are seeing quite a bit more on the refi side of things, that equity is kind of just sitting there. So even though, if the on one isn't a good fit for them, I'm seeing investors that are willing to tap into that equity instead of just sitting around and waiting for them to potentially lose some equity if the housing market does start to take some decline. And then I would say, on the purchase transaction side, something that's kind of piqued my interest is the pad split. I'm looking at that more often where, for those that are not familiar, you can probably speak more to this, Keith, they're buying single family resident properties, even two to four unit properties, and a per bedroom basis, turning those into rental properties. And they're looking to be quite profitable. So I've got my eyes on that too.   Keith Weinhold  36:23   before we ask how we can learn more about you and what you do in there at Ridge Kayle. Is there any last thing that you'd like to share? Maybe a question I did not think about asking you, but should have.    Caeli Ridge  36:35   I would like to share with your listeners that if they are not working with a lender that focuses on their education and has that diversity of loan product that we have, that they're probably in the wrong support group. You need to be working with a lender that has a nationwide footprint and that has diversity of loan product to cover whatever methodology of real estate investing that you're looking for, and really puts a fine touch on the education of your qualifications and your goals as they relate to underwriters guidelines   Keith Weinhold  37:10   what we're talking about, and I know this through my own experience in dealing with Ridge, since I use them for my own loans myself, is sometimes Ridge might inform You that, hey, you can go and do this and make this deal now, but that's going to mess up this bigger thing 12 months down the road, whereas if you talk with an everyday sort of owner occupant mortgage company, oh, they're just not going to talk like that, because owner occupants, they might only buy every seven years, or something like that. And investors are different, and you need to have that foresight and look ahead. Caeli, this has been great, a really informative conversation about the pulse of the market. Tell us what products that you offer in there.   Caeli Ridge  37:50   Our menu is very, very diverse. I would say what. It's probably easier to describe what we don't offer. We do not have bear lot loans or land loans. We're not offering those right now. We do not have second lien HELOCs currently. We suspended that two years ago. But otherwise, guys, we're going to have everything that you're going to need. So just very quickly, I'll rattle off Fannie Freddie, okay, those golden tickets that we talk about, we've got DSCR loans, bank statement loans, asset depletion loans, ground up construction, short term bridge loans for fix and flip or fix and hold. We have our All In One that's my favorite first lien. HELOC, we have commercial loan products for commercial property and residential on a cross collateralization basis. So very, very robust in the loan product space.   Keith Weinhold  38:33   Caeli Ridge, it's been valuable as always. And then Ridge lending group.com, or your phone number   Caeli Ridge  38:39   855-747-4343, 855-74-RIDGE, , and then to reach us an email, if that's your better mechanism to contact us info@ridgelendinggroup.com   Keith Weinhold  38:50   that's been valuable as always. Thanks so much for coming back onto the show.    Caeli Ridge  38:53   Appreciate it. Keith,   Keith Weinhold  39:00   Yeah, terrific information from Chaley. As always, if you're enamored of borrowing tax free, like a billionaire, against your real estate, they sure can help you out with that and determine whether that's right. It doesn't mean that you always should, but if you have investment ideas for debt equity, and you're attentive to cash flows, run the numbers with them and see if it's worthwhile. As far as new purchases, we all know that soured affordability has made it especially tough for first time homebuyers, and there's more data out there that shows that tenant durations are historically long, longer than they usually are. Tenants are staying in places longer because they have to. Investor purchases have stayed strong, though investors have been buying about the same proportion of single family homes and making them rentals that they have historically and Redfin tells us that. The value of properties that investors have purchased is up more than 6% year over year, so investors are still buying and that makes sense. We're in this era where there's more uncertainty than usual, there's higher stock volatility than usual, and more people are sort of asking themselves, where would I get a better return than on income property, and where would my return be more stable today than in income property as well? If you work with Ridge lending group for a time, you're probably going to understand why I personally use them for my own loans. You'll notice that they really understand what investors need. Thanks to Caeli Ridge today and thank you for being here too. But as always, you weren't here for me. You were here for you until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  40:56   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  41:20   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866   The preceding program was brought to you by your home for wealth, building, get rich education.com.    

Mark and marketing expert Justin Tucker discuss the evolution of personalization in marketing, particularly in the context of AI's role in enhancing productivity and human connection within the real estate industry. They emphasize the importance of using AI to empower employees rather than replace them, and the potential for personal branding to intersect with AI to create meaningful interactions. The discussion also covers various tools that can enhance communication and sales, the necessity of continuous learning in the age of AI, and innovations in consumer collaboration that leverage technology to improve user experience. In this conversation, the speakers explore the importance of continuous learning, taking action, and iterating in the face of challenges, particularly in the context of AI and personal branding. They discuss the significance of authenticity and originality, the necessity of embracing failure, and the value of self-discovery. The conversation also touches on the role of passion projects, like the Pizza Illuminati, in fostering creativity and relevance in a fast-paced world. Finally, they emphasize the importance of consuming knowledge and connecting with others to enhance personal and professional growth. Connect with Justin on Facebook! Takeaways AI is not a replacement for humans but a tool to enhance productivity. The future of marketing lies in personal brands and AI. Automation allows employees to focus on human connections. Curiosity and continuous learning are essential in adapting to AI. Scaling personalization is now possible with AI technology. Companies should empower employees to create memorable experiences. AI can analyze large data sets for actionable insights. Personalization can be achieved at scale through AI. Tools like Crystal Knows and Fathom enhance communication. The intersection of human intelligence and AI is the future of business. The learn-do-iterate model emphasizes the importance of action. Authenticity in creativity is crucial, especially in AI. Iteration is key to overcoming challenges and improving skills. Self-discovery is essential for effective personal branding. Passion projects can enhance creativity and learning. Chapters 00:00 The Evolution of Personalization in Marketing 02:52 AI's Role in Real Estate and Productivity 05:48 Human Connection in an AI-Driven World 08:50 Empowering Employees Through Automation 12:05 The Future of Personal Branding and AI 14:46 Scaling Personalization with AI 17:51 Tools for Enhancing Communication and Sales 20:58 The Importance of Continuous Learning in AI 24:01 Innovations in Consumer Collaboration 27:03 The Intersection of Human and Artificial Intelligence 30:46 The Learn-Do-Iterate Model 32:41 The Authenticity of Originality in AI 33:49 The Importance of Iteration and Taking Action 36:53 Navigating Failure and Embracing Growth 39:24 Self-Discovery and Personal Branding 41:02 Pizza Illuminati: A Passion Project 43:31 Staying Relevant in a Fast-Paced World 44:18 Consumption of Knowledge and Continuous Learning 48:39 The Role of Music in Creativity 51:22 Connecting and Collaborating with Others Affiliate Links: Unleashing the Power of Respect: The I-M Approach by Joseph Shrand, MD This episode is brought to you in part by SecuriTitle, a fractional paralegal service assisting with all things real estate in Massachusetts and New Hampshire. Learn more about how Core7 can generate referrals, add value to your partners, and make a difference in the lives of your clients at mycore7.com

Ready to make smarter real estate moves? This week, we're helping buyers navigate the market like a pro. First, REALTOR® Lizette Sinhart from Westchester County, New York shares how first-time buyers can prepare to succeed in today's competitive market. Next, Tom Cronkright, co-founder and executive chairman at CertifID, discusses the rise in real estate wire fraud and how scammers use sophisticated tools, including AI, to target buyers. Then, REALTOR® Gabriella Debartoli from Las Vegas, Nevada highlights some of the biggest buyer mistakes, from missteps during showings to what not to do when submitting an offer. Finally, REALTOR® Adam Pretorius from Iowa City, Iowa weighs in on what to know when buying luxury real estate and how to avoid common mistakes at the high end of the market. Plus, home design expert Melissa Dittmann Tracey shares her take on two trends: dopamine décor and compact garages—are they hot or are they not? Whether you're buying your first home or your forever home, this episode will help you sidestep the pitfalls and move forward with confidence.

Ready to make smarter real estate moves? This week, we're helping buyers navigate the market like a pro. First, REALTOR® Lizette Sinhart from Westchester County, New York shares how first-time buyers can prepare to succeed in today's competitive market. Next, Tom Cronkright, co-founder and executive chairman at CertifID, discusses the rise in real estate wire fraud and how scammers use sophisticated tools, including AI, to target buyers. Then, REALTOR® Gabriella Debartoli from Las Vegas, Nevada highlights some of the biggest buyer mistakes, from missteps during showings to what not to do when submitting an offer. Finally, REALTOR® Adam Pretorius from Iowa City, Iowa weighs in on what to know when buying luxury real estate and how to avoid common mistakes at the high end of the market. Plus, home design expert Melissa Dittmann Tracey shares her take on two trends: dopamine décor and compact garages—are they hot or are they not? Whether you're buying your first home or your forever home, this episode will help you sidestep the pitfalls and move forward with confidence.

In this episode of Entrepreneurial Impact, host David Donaldson is joined once again by David Mason from Universal Title to discuss one of the most critical, yet often misunderstood, aspects of real estate: title insurance and fraud prevention.

Let's get the concept of 'Title Insurance' straight. There's two types and you as a real estate agent need to be able to advise your clients as to when it becomes an option.   These types of interactions make The Alberta Real Estate School the leader in Alberta for giving our students a leg up on the competition!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

In this episode of Capital Hacking, hosts Josh McCallan and John Edwin interview Igor Avratiner, a successful real estate investor and business owner. Igor shares his journey from emigrating from Russia to building a lucrative career in real estate. He discusses creative financing techniques, including how he successfully navigated complex property acquisitions and dealt with challenging situations like unpaid mortgages and judgments. Igor also explains his business model, his role as a licensee for WeBuyHouses.com, and offers insights on how passive investors can participate in his projects. This episode is filled with valuable lessons on resourcefulness, pivoting, and building a sustainable business in the real estate industry.Ultimate Show Notes:00:51 Meet Igor Avratiner: A Real Estate Powerhouse02:29 Igor's Early Life and Career Beginnings05:02 From Telemarketing to Real Estate06:44 Navigating the 2008 Financial Crisis08:36 The WeBuyHouses Venture12:53 Case Study: Overcoming Real Estate Challenges15:48 Seller Contacts and Initial Thoughts16:05 Understanding the Financial Math16:45 Title Insurance and Deed Process18:04 Handling Existing Mortgages21:43 Dealing with Squatters and Tenants23:12 Judgment and Legal Issues25:24 Passive Investment Opportunities28:25 Building a Sustainable BusinessConnect with Igor on Socials:LinkedInDenali Consulting on LinkedIn: #clubhousehotseat #realestatesuccess #businessgrowth | 23 commentsWebsiteWe Buy Houses Philadelphia - Any House Any ConditionTurn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

He has built a remarkable career in the Title Insurance Industry since he began in 2005.With a deep passion for his work, he has gathered experience in examining and underwriting across various property types, including commercial, land development, farm and ranch, and residential properties. His career kicked off as a Landman/Examiner in Utah, and from there, he climbed the ranks, holding significant positions such as Vice President and Manager. These roles allowed him to gain invaluable insights into operations and underwriting.Today, Nefi is the President and Partner of ENV Title, where he oversees operations and underwriting for a wide range of real estate transactions.He has successfully closed and insured billions of dollars in single, multi-site, and multi-state commercial and residential policies. He is a professional in his field, I am here to tell you, and he welcomes any questions you may have. https://envtitle.com/about-us/our-team/http://www.yourlotandparcel.org

54% of Title Professionals think that title insurance alternatives are a threat to their business according to the most recent State of the Title Industry Report. What can they do about it? Well, being more engaged in the conversation is step one. The American Land Title Association's Chris Morton is here to share with us the risks associated with AOLs and other alternatives as well as steps agents can take to advocate for the consumers they protect. For resources and links, visit our show notes: https://www.proplogix.com/podcasts/ep-68/

Here's an excerpt from a past Q&A Session talking about Title Insurance and Title Fraud. There are a lot of misconceptions on what Title Insurance covers. Here Raman explains it simply.   These type of interactions help our students pass their RECA Exams and become productive realtors in the Alberta market!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta!   : www.albertarealestateschool.com   : 587-936-7779   #realestateschool #realestate #becomearealtor #albertarealestate

In this episode of Go Gaddis Real Estate Radio, brought to you by Modern Traditions Realty Group, Cleve welcomes expert advisor Joe O'Kelly, Managing Partner at O'Kelley & Sorohan, Attorneys at Law, LLC. Joe dives into the fundamentals of real estate transactions, explaining the chain of title, the importance of title insurance, and a breakdown of typical closing costs. Segment Teaser: Learn from Joe O'Kelly about essential aspects of real estate closings, from protecting your investment with title insurance to understanding fees and processes during closing. Cleve Gaddis: Helping listeners go from real estate novice to expert, ensuring that home buying and selling can be done with total confidence and without the usual worries of life's biggest investments. Let's Talk: Visit GoGaddisRadio.com to ask questions, leave comments, push back, share your ideas, and explore our Neighborhood Spotlight. Don't forget to subscribe to our podcast! Expert Advisor – Joe O'Kelly: Joe shares critical insights into: Chain of Title: Why it's essential to confirm ownership history and avoid disputes. Title Insurance: How this protects buyers and lenders from unexpected title issues. Typical Closing Fees: A breakdown of costs involved in the closing process, ensuring buyers and sellers are prepared. Join us for an informative episode packed with actionable advice to navigate your next real estate transaction with clarity and confidence! If you have a question for Cleve, click here : https://gogaddisradio.com/ask-a-question If you are looking to buy or sell your home with Cleve, click here : https://moderntraditionsrealty.net/contact If you are looking to join a real estate team, click here : https://moderntraditionsrealty.net/careers If you bought a home last year, don't forget to file your Homestead Exemption! https://moderntraditionsrealty.net/homestead-exemption

Episode 87 introduces Rosa Castaneda to our audience. Steve introduces the podcast and guest Rosa Castaneda (00:00:00) Rosa's Nursing Background (00:01:00) Initial Steps into Title Insurance (00:02:12) Transition to Sales (00:03:19) Rosa's Experience as a Closer (00:03:00) Challenges of Moving to Sales (00:05:24) Building Client Relationships (00:07:12) Role in NAHREP (00:08:13) Joining NAHREP (00:08:26) NAHREP Board Experience (00:09:37) NAHREP Lake County Chapter Involvement (00:10:21) Focus on Education (00:11:23) Leadership Journey (00:11:48) Marathon Running (00:12:59) Detroit Sports Loyalty (00:14:57) Real Estate Market Challenges (00:16:09) Real Estate Market Stability (00:17:11) Agent Commissions NAR Settlement (00:17:25) Transitioning to Land Trust (00:19:04) Client Reactions to Transition to Landtrust (00:20:01) Family Ties in Mexico (00:20:38) Perceptions of Life in Mexico (00:21:40) Daily Routines and Goal Setting (00:23:19) Networking Events Participation (00:25:03) NARA's Focus on Affordability (00:26:03) Hispanic Representation in Real Estate (00:27:18) Career Longevity in Title Industry (00:28:25) People, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues. Our Success Series covers principles of success to help your thrive! IG - https://www.instagram.com/peoplenotti... FB - https://www.facebook.com/peoplenottitles Twitter - https://twitter.com/sjkaempf Spotify - https://open.spotify.com/show/1uu5kTv...

This week I talk with friend of mine and friend of show...Steph! You might remember her from the drunk Punta Cana episode a year ago! Today we're not drunk, but have fun nonetheless. We discuss Steph's career as an owner of a real estate title insurance company, as well as her "side gigs" of beekeeping, raising sheep (and chickens), having a rental property and most importantly, her new gig, of grandma!! Intro Music www.bensound.com "Happy Rock"

What does it take to truly build meaningful professional relationships in real estate and beyond?In this episode, Tayler Tibbitts, a seasoned real estate attorney and leader in the title insurance and escrow industry, shares his unconventional journey from law school to managing operations for Fidelity National Title in Idaho, providing insights into the nuances of title insurance, networking strategies, and personal growth. Tayler and Yonah also delve into the impact of social media, the challenges of working in a fast-paced industry, and how focusing on relationships, not transactions, paves the way for success.[00:01 - 07:23] Welcome Tayler TibbittsIntroduction to Tayler's journey into real estate lawTransitioning from civil litigation to title insuranceDeveloping a commercial department in Boise, Idaho[07:24 - 14:50] Demystifying Title InsuranceExplaining the role of title insurance and escrow in real estate transactionsHistorical evolution from attorney opinions to title insurance policiesWhy the claims rate in title insurance is uniquely low[14:49 - 21:21] Networking with PurposeTayler's strategies for building a professional networkThe importance of adding value to relationshipsTips on fostering connections through shared interests and trust[21:22 - 28:17] Leveraging Social Media for NetworkingHow LinkedIn fosters professional connectionsUsing social media to maintain visibility and relationshipsAvoiding transactional approaches in digital outreach[28:18 - 33:30] Lessons from LeadershipTayler's biggest lessons from running a title operationThe importance of time freedom in defining personal successBalancing long-term relationships with professional growthConnect with Tayler:LinkedIn: https://www.linkedin.com/in/taylerwtibbitts/Instagram: https://www.instagram.com/taylerwtibbitts/ X: https://x.com/TaylerWTibbitts LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"A network is great, but if you're not adding value to people's lives, it's meaningless." – Tayler Tibbitts"Title insurance is like any other insurance; it's there to protect you from risks, no matter how unlikely they seem." – Tayler TibbittsSupport the show

Riker Danzig partners Stuart Lederman and Rudy Randazzo were our special guests for the 5th episode of  Season 3, moderated by our co-hosts Michael O'Donnell and Bethany Abele.  Stuart and Rudy practice in Riker's Governmental Affairs and Litigation practices with extensive experience in Eminent Domain and Condemnation Law as well as Construction Law, regularly navigating issues of title, and frequently interacting with our title insurance attorneys at the intersection of title law and real property condemnations.  Stuart and Rudy represent both governmental entities who are acquiring properties, and also property owners whose properties are targeted to be taken for particular government projects. What You Will Hear on This Episode: What are the key stages of the condemnation process? Is it important for property owners to attend early meetings on government projects that may impact their properties? What are the public purposes for which a property may be taken? To whom may the government delegate the power of condemnation? Does the governmental entity have the right to conduct a property title search in advance of a taking? How is fair market value determined? Is lost business taken into consideration? What are bona fide negotiations and when can a condemnation complaint be filed? Whose interests are important in properties being taken? What is a “quick take”? Can a property be taken and put to public use even while litigation over rights and fair market value is pending? What are critical defenses to a real property taking? How do you prove a pretextual purpose (improper motives, bad faith or abuse of power)? (Essex Fells v. Kessler Institute and Atlantic City v. Trump Casino) What constitutes failure to negotiate, and can this prevent the taking? What is the role of condemnation commissioners, and who has the burden of presenting evidence to establish value at trial? What are the implications if it is not a “full” taking? Is the government required to pay for another party's environmental damage to the property? What are the special implications for lien holders of a property being taken? Are judgments final, and can the property owner appeal? What is an inverse taking? In addition, Stuart and Rudy shared some interesting  anecdotes from their wide-ranging experience representing government agencies tasked with taking property, including allowing a “jury view” of the condemned property during a trial on the taking,  and another case where the property owner resisted the taking by hiring private militia to face down the bulldozers, creating a standoff between the armed militia and the local National Guard brought in by the governmental entity.  They also touched on their related Construction Litigation practice and the dovetailing of the two practices, particularly when temporary easements are recorded on taken properties for large construction projects, and construction delays ensue with adverse effects. Next, Bethany interviewed our newest associate in the Title Insurance practice, Shelley Wu, who discussed Moldovan v. Long, No. 1 CA-CV 23-0470, 2024 Ariz. App., Unpub. LEXIS 460 (Ct. App. May 30, 2024). In this case in the Arizona Court of Appeals, the court affirmed a summary judgment in favor of a settlement/escrow agent, finding no breach of duty where the agent sufficiently disclosed to the seller the existence of a potentially fraudulent deed but did not further investigate or determine its validity. Bethany and Shelley discussed many of the noteworthy statements in the appeals court's ruling that sheds light on the responsibilities of disclosing additional deeds, and concerning negligent misrepresentation claims. Key questions addressed in Moldovan v. Long: What are the responsibilities of escrow agents and where are those responsibilities outlined? In particular, what are the duties of an agent when a suspicious or potenti...

Have you ever used title reports to find off-market deals?   My guest today, Tali Gross, explains how his platform, Dono.ai, can be used at scale to uncover off-market opportunities before anyone else – by using AI to read and analyze title reports.   With Dono, you simply enter your search criteria (type of property, liens, divorces, back taxes, etc.), and Dono will help you scan every property that meets your requirements in a target city. You can also access detailed title search results in seconds – with no calls to title companies, no waiting on manual checks, and no human errors.   Here are a few EasyWins you'll get with Dono.ai:   • Instant Property Insights: Enter an address and get an instant title snapshot. • Automated Risk Checks: Avoid costly mistakes by automatically detecting liens, ownership issues, and title gaps (shadows) within seconds. • Distressed Property Alerts: Quickly identify off-market properties with unpaid taxes or open judgments – a goldmine for off-market deals. • Tailored Search Filters: Narrow down properties by owner, tax status, or location to spot hidden investment opportunities.   Dono.ai is also being used by title companies to grow without increasing manpower.   But what really sets Dono.ai apart? The “Ask Dono” feature – a chatbot that lets you ‘chat' with title reports using natural language.   Dono.ai is a platform giving innovative investors a significant competitive edge. Tali explains it all in this episode you won't want to miss. ***** The only Podcast you need on for raising capital in real estate - enhanced by AI. Get immediately actionable strategies and tools to find more deals, connect with accredited investors, raise more capital, and scale faster – with podcast guests who are taking the real estate industry to the next level with AI. And walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: • practical guides,• how-to's, and• news updates Get immediately actionable strategies and tools to raise more capital, connect with accredited investors, and scale faster—enhanced by AI to stay ahead of the competition. All in just 5 minutes, for free. https://gowercrowd.com/subscribe

Our Consumer Action Center is getting a lot of calls about a growing text message scam that appears to be from your credit card company. Know how to spot it so you don't get taken. Also, Clark shares some ways restaurants at all levels are exploring ways to cut costs. Know what to look for to save more on dining out, including smaller portions for less money. Credit Card Text Scams: Segment 1 Ask Clark: Segment 2 SAVE MORE Eating Out: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Home Title Lock: Is It the Same As Home Title Insurance? What Is Owner's Title Insurance and Do You Need It? Costco Travel: 5 Things To Know Before You Book Travel Insurance: What You Need To Know Before You Buy Axios: Diamond math What Does a Home Warranty Cover and Is It Worth The Money? Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Exploring Real Estate Transactions with Attorney Susan ThompsonIn this episode, Patty and Scott are joined by Attorney Susan Thompson, managing partner of Smith Thompson Shaw Colon & Power, based in Tallahassee, FL. We dive into the intricacies of real estate transactions, covering key topics such as closings, title insurance, and the unique aspects of Lady Bird Deeds.Join us as we explore:The Closing Process: What happens during a real estate closing and why it's critical to get it right.Title Insurance: Why it's important and how it protects property owners.Lady Bird Deeds: A unique type of deed often used in estate planning to transfer property without probate.Whether you're a homeowner, buyer, or just interested in real estate, this episode has valuable insights into the legal side of property transactions. Tune in and learn more about protecting your real estate investments.

Navigating the complex landscape of title underwriting requires a deep understanding of legal nuances, historical records, and emerging risks. Join us as William O'Connell shares his expertise on the challenges and opportunities facing title professionals today. Discover how new technologies and legislative changes shape the industry and gain invaluable advice for staying ahead of the curve.     What you'll learn from this episode The importance of underwriting in title insurance and why it's both an art and a science Key endorsements in title insurance and how to avoid common pitfalls How to handle complex title issues and prevent delays in transactions The role of legislation in shaping the title industry and what title agents need to know to stay compliant Best practices for title agents in staying organized and handling complex transactions     Resources mentioned in this episode The 7 Habits of Highly Effective People by Stephen Covey | Paperback, Hardcover, and Kindle Outliers by Malcolm Gladwell | Paperback, Hardcover, and Kindle The Perfect Mile by Neal Bascomb | Paperback, Hardcover, and Kindle Parker89     About William O'Connell William joined First American Title in 2008 as Maryland State Counsel and was promoted to the additional position of South Atlantic Regional Underwriting Director in 2018. He oversees underwriting and affiliated responsibilities, including regulatory matters, processes, and communications.   Prior to joining First American Title, he was general counsel of a large real estate brokerage and affiliated title company located in Maryland. His background also includes 12 years of experience as a general civil litigator in the State and Federal courts in Northern California; in six of those years, he litigated only title and escrow matters for a large national underwriter.   He received a Bachelor of Science in journalism from the University of Maryland, a Juris Doctor from the University of San Francisco School of Law, and is licensed to practice law in Maryland, the District of Columbia, Virginia, and California. He is the president of the Maryland Land Title Association, chair of the Legislative Committee of the Real Property Section Counsel of the Maryland State Bar Association, and co-chair of the First American Railroad Practice Group.     Connect with William Website: First American Title LinkedIn: William O'Connell     Connect With Us Love what you're hearing? Don't miss an episode! Follow us on our social media channels and stay connected.   Explore more on our website: www.alltechnational.com/podcast Stay updated with our newsletter: www.mochoumil.com Follow Mo on LinkedIn: Mo Choumil

Why Buying a Title Insurance is Important When purchasing real estate, one of the most crucial protections you can have is title insurance. In this episode of Real Estate with Ryan, we'll explain why this often-overlooked safeguard is essential. Title insurance shields you from unexpected legal claims, errors in public records, liens, or even fraud that could affect your property rights. It ensures that you can confidently move forward, knowing your ownership is protected against hidden risks. Join Ryan Coleman, top-selling Broker/Owner of Hometown Realty, every Saturday at 11am on Talk Radio 92.3 / AM 760 WETR, and at 1pm on News Talk 98.7. Thinking of buying or selling? Call Ryan at 865-693-SOLD (7653) or visit www.ryancoleman.org to get the latest on the market. Ryan Coleman Founder/Broker/CEO Hometown Realty LLC Voted Best of Knoxville 2017-2023 Proud Sponsor of the VOLS Dave Ramsey Top ELP YOUR TENNESSEE AGENT #RealEstate #RealEstateWithRyan #HomeBuyingTips #EastTennesseeRealEstate #KnoxvilleRealEstate #ProtectYourInvestment #Homebuyers #TitleInsurance

Do you want to update your method of selling title insurance? Ryan D'Aprile reveals the innovative sales strategies that will transform your title business. From harnessing the power of technology to building unbreakable relationships, he's got the formula for success. So, if you're ready to learn the secrets of the trade, don't miss out on this episode.       What you'll learn from this episode Benefits of creating a sales culture from the ground up Importance of relationship-based sales The visual flow of sales processes for tracking and improving relationship management Dangers of overly relying on technology at the expense of personal relationships Actionable steps for establishing a sales culture in title companies      Resources mentioned in this episode  The Toyota Way by Jeffrey Liker | Paperback, Hardcover, and Kindle  E-Myth by Michael E. Gerber | Paperback, Hardcover, and Kindle  The Happiness Advantage by Shawn Achor | Paperback, Hardcover, and Kindle  TitlePro DataTrace®     About Ryan D'Aprile Ryan is the founder of D'Aprile Properties and Zanelo, with extensive experience in real estate, mortgage, title, and insurance. He successfully built one of the Midwest's leading real estate brokerages, which was known for its strong sales culture and innovative training programs. Ryan is now focused on his latest venture, Zanelo, which aims to revolutionize title sales by combining digital systems with a personal touch. His expertise lies in relationship-based sales, visualizing sales processes, and creating disciplined sales cultures that drive growth and success.     Connect with Ryan Website: Xannello  LinkedIn: Ryan D'Aprile     Connect With Us Love what you're hearing? Don't miss an episode! Follow us on our social media channels and stay connected.    Explore more on our website: www.alltechnational.com/podcast Stay updated with our newsletter: www.mochoumil.com Follow Mo on LinkedIn: Mo Choumil

In this insightful episode, Corwyn catches up with Steve de Guzman, Co-Founder of rehavaPress. Steve shares his forward-thinking perspective on how technology is rapidly transforming the real estate industry, from automation to blockchain and distributed ledger systems. He discuss the overwhelming amount of data available to both consumers and professionals, and how to focus on the essential tasks to stay ahead. Steve highlights the potential of blockchain to revolutionize title insurance and touches on the challenges faced by MLSs in adapting to these technological advancements. Steve offers his outlook on the future of real estate, noting the balance between adopting new tech while maintaining the human element. He also shares his thoughts on the evolving role of real estate agents in a technology-driven world. In a reflective moment, Steve recalls his own journey through the 2008 recession, offering advice on the importance of staying grounded and making strategic investments, instead of always swinging for the fences. Key Takeaways: 02:08 Steve's Background and Early AI Work 02:36 Evolution of Technology in Real Estate 04:36 Current Real Estate Practices and AI Integration 07:04 Smart Contracts and Legal Implications 14:00 How Automation and Data Apps are Impacting Real Estate. 17:00 The Role of Blockchain in Title Insurance and Potential Cost Savings. 20:00 Challenges Faced by MLSs in Adapting to Public Access and New Tech. 24:00 Steve's Reflection on His Personal Investments and Lessons Learned from 2008. Connect with Steve@: Website: https://rehava.com/ Linkedin: https://www.linkedin.com/in/stevedeguzman/ Connect with Corwyn@: Contact Number: 843-619-3005 Email: corwyn@corwynmelette.com Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠ FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠ Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠ Website:⁠ https://www.exitstrategiesradioshow.com⁠ Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠ Shoutout to our Sponsor: ROBYN COLLINS Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.  Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today  ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today. --- Support this podcast: https://podcasters.spotify.com/pod/show/corwyn-j-melette/support

In this episode of the Kern County Real Estate Review, Laurie McCarty sits down with Cecile Shanklin from Ticor Title to clear up some of the most common misconceptions about title insurance. Whether you're a first-time homebuyer or a seasoned investor, understanding the role of title insurance is crucial to protecting your real estate investment. Cecile shares insights on why title insurance matters, how it protects against potential claims, and debunks myths like 'title insurance never pays out' and 'title searches are simple.' Tune in to learn why this often-overlooked part of the homebuying process is so important.

Almost everyone who buys a home spends thousands of dollars on title insurance. Most of them don't understand it, and almost none of them use it. So why does it exist? Zachary Crockett closes the deal. SOURCES:Christy Bieber, personal finance writer.Laurie Goodman, institute fellow at the Urban Institute Housing Finance Policy Center.Kathy Kwak, chief operating officer of Proper Title. RESOURCES:"Remarks of President Joe Biden — State of the Union Address As Prepared for Delivery," (The White House Briefing Room, 2024)."Fannie Mae Expands Use Of Attorney Opinion Letters (AOLs) As Title Insurance Alternatives," by Christine Stuart (National Mortgage Professional, 2023)."U.S. Private Auto Insurers Break Premium, Loss Ratio Records in Q1," by Kris Elaine Figuracion and Tyler Hammel (S&P Global, 2023). EXTRA:"'Insurance Is Sexy.' Discuss," by Freakonomics Radio (2023).

In this episode of The Build Up, Malessa and Candice chat with Shaun Moamem of Pro National Title Agency. Shaun shares his journey from hospitality investing to running a title agency, offering insights into the importance of title insurance and the challenges of the hospitality sector. He breaks down key factors for successful investments, common title issues, and offers practical advice for new investors. Tune in for expert tips on navigating both title insurance and the high-stakes world of hospitality real estate. Filmed at Brown Harris Stevens' Studio 1873, Part of the Mastery of Real Estate (MORE) Network. Subscribe Now: https://podcasts.apple.com/us/podcast/the-build-up/id1716615268 Connect with Candice Milano here: https://www.bhsusa.com/real-estate-agent/candice-milano Connect with Malessa Rambarran here: https://www.bhsusa.com/real-estate-agent/malessa-rambarran Brown Harris Stevens is one of the largest privately owned real estate brokerages in the country, with more than 40 offices across four states: New York, New Jersey, Connecticut, and Florida. https://bhsusa.com/ #thebuildup #nyc #realestate

Join Matt Gougé on the Get Better Every Day Podcast as he interviews Natalie Dudding from Chicago Title. Learn the essential roles that title companies play in real estate transactions, including title and escrow services, title insurance, handling liens, and more. Natalie shares her 17 years of experience, covering insightful stories and practical advice on ensuring safe and smooth property transactions. Perfect for real estate professionals and prospective homebuyers looking to understand the intricacies of title and escrow. Timestamps 00:00 Introduction to the Podcast and Guest 00:12 What is Title? Explained Simply 01:03 Role of Title and Escrow in Real Estate 04:11 Title Insurance and Real Estate Stories 13:45 Understanding Vesting and Ownership 17:29 Misconceptions and Challenges in Real Estate Transactions 24:51 Wire Fraud and Final Thoughts 26:07 Unexpected Wire Transfer Issues 27:14 Fraudulent Wire Instructions 29:26 Detecting Email Fraud 30:41 Double-Checking for Safety 32:04 Wire Fraud Prevention Tips 36:24 Fake Property Sales 40:44 Protecting Real Estate Transactions 44:14 The Importance of a Reliable Team 46:42 Final Thoughts and Advice

Welcome back, and thank you for joining us on The Real Estate Radio Show. Today, we will talk about the big changes coming up. We will break down the eminent changes that are about to take hold on August 17th due to the class action lawsuit and DOJ actions. We'll also break down the weekly headlines and talk about investing in multi-family properties. We'll start by looking at what's happening in the market, interest rates, and other market dynamics that affect the real estate market. Remember to Join us every Saturday at 9:00 AM CST live from the studio of WCPT 820 AM. You can catch us live streaming on Facebook for every show at The Real Estate Therapist, LinkedIn, and YouTube @Larry Shakman.

Send us a Text Message.Today we are jumping into the important topic of title insurance. What is title insurance? What does it do? Do we really need it? We're joined by Julie Soliman from Independence Title who will help us answer these questions! She also shares some wild stories from her experience in the industry, highlighting the real-world significance of title insurance. Whether you're a first-time homebuyer or a seasoned homeowner, this episode provides valuable information and expert advice to help you navigate the complexities of title insurance with confidence.Connect with Julie HERE!Enjoyed this episode? Share it with friends and family or leave us a review! Have questions or stories to share? Send them our way, and they might be featured in a future episode! Stay Connected:- Follow us on Instagram and Facebook for more updates and visuals.- Visit our website at NestologyPodcast.com for additional resources and episode archives.- Email us at NestologyPodcast@gmail.com with your questions and stories!

We'd love to hear from you. What are your thoughts and questions?In this episode, Allen Lomax interviews Kirill Bensonoff , the co-founder and CEO of New Silver, about the impact of AI on real estate investing. Kirill explains how New Silver uses technology and data to improve underwriting and origination processes in real estate investing. He also discusses the use of AI and blockchain in the industry. Kirill highlights the convenience and time-saving benefits of using AI tools like ChatGPT for passive investors. He also explains the basics of blockchain technology and its potential applications in real estate, such as speeding up settlement processes and fractionalization of property ownership.TakeawaysNew Silver uses technology and data to improve underwriting and origination processes in real estate investing.AI tools like ChatGPT can save time and help passive investors find suitable investment opportunities.Blockchain technology has the potential to speed up settlement processes and enable fractionalization of property ownership.Blockchain can also eliminate the need for intermediaries like title insurance companies and reduce the risk of fraud.The challenges in the fintech industry include market cyclicality, changes in work patterns, and uncertainties that affect technology development.Connect With Kirill Bensonoff:kirill@newsilver.comhttps://newsilver.com/https://www.facebook.com/newsilverlendinghttps://www.instagram.com/newsilverlending/https://www.linkedin.com/company/new-silver/

Welcome back, and thank you for joining us on The Real Estate Radio Show. Today, we are kicking off our Influencers Panel, which will happen on the last Saturday of every month. We will feature influencers in all facets of real estate and cover hot topics that affect sellers, buyers, and investors. Today, we are joined by national trainer and former President of NSBAR, Wayne Paprocki, and Chicago real estate attorney Patrick Loftus of Loftus Law. We will break down the eminent changes that are about to take hold on August 17th due to the class action lawsuit and DOJ actions. How will this affect Sellers? Will buyers have to come to the closing table with thousands more to purchase? Tune in and listen on Saturday, July 27th, to find out. We'll start by looking at what's happening in the market, interest rates, and other market dynamics that affect the real estate market. Remember to Join us every Saturday at 9:00 AM CST live from the studio of WCPT 820 AM. You can catch us live streaming on Facebook for every show at The Real Estate Therapist, LinkedIn, and YouTube @Larry Shakman.

Welcome back and thank you for joining us on The Real Estate Radio Show Podcast. Let's jump into our latest episode. Today, we will cover a lot of ground, we'll discuss the two biggest barriers to homeownership, The most active eviction markets, and whether or not virtual staging is a good idea. We'll also talk about all the great things at LPT Realty. We'll start by looking at what's happening in the market, interest rates, and other market dynamics that affect the real estate market. Remember to Join us every Saturday at 9:00 AM CST live from the studio of WCPT 820 AM. You can catch us live streaming on Facebook for every show at The Real Estate Therapist, LinkedIn, and YouTube @Larry Shakman.

Welcome back and thank you for joining us on The Real Estate Radio Show Podcast. Let's jump into our latest episode. Today, we will have a lot of fun talking with Michael LaFido, luxury broker and coach, and my partner at Luxe Group at LPT Realty. Michael will fill us in on the luxury market and some of the amazing luxury listings Luxe Group has on the market in Geneva, Oak Brook, and Barrington Lakes. We'll also talk about all the great things going on at LPT Realty. We'll start off by taking a look at what's happening in the market, interest rates, and other market dynamics that affect the real estate market. Remember to Join us every Saturday at 9:00 AM CST live from the studio of WCPT 820 AM. For every show, you can catch us live streaming on Facebook at The Real Estate Therapist, LinkedIn, and YouTube @Larry Shakman.

Join us for an enlightening conversation with Kevin Sayles, the Vice President of Lawyer's Title and a renowned probate expert. In this episode, Kevin breaks down the critical aspects of title insurance, explaining why it's a must-have for every property buyer (and Seller). We'll dive into the nuts and bolts of how title insurance protects you from unforeseen claims and legal disputes, ensuring your investment is secure. But that's not all—Kevin will also shed light on the proposed changes in the real estate landscape that could significantly impact buyers. Whether you're a seasoned investor or a first-time homebuyer, this episode is packed with invaluable insights to help you navigate the complexities of title insurance and stay ahead of the curve. Tune in to get expert advice straight from the source and empower yourself with the knowledge to make informed decisions in your real estate journey. Don't miss out!

Dive into our premiere episode with Patrick Stone as he shares his humble beginnings as a title examiner and his pioneering work using technology in the title insurance industry. Tune in to uncover the pivotal developments that continue to shape the future of the industry.     What you'll learn from this episode How to manage business during high interest rates and innovative solutions The impact of e-closings and AI on modernizing the title insurance industry Why delegation and using technology wisely crucial in business Innovative approaches to enhancing customer experience and satisfaction  Lessons on leading change and encouraging ongoing improvement and planning     Resources mentioned in this episode  Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay | Paperback, Hardcover, and Kindle  About Patrick Stone Patrick Stone is the chairman and founder of Williston Financial Group (WFG), LLC. He has led the company to prominence in the title insurance sector. His visionary leadership, holding three C-level positions and serving on two Fortune 500 boards, has earned him recognition as one of the most influential figures in real estate. He's been honored with prestigious awards like the Housing Wire Vanguard Award, cementing his legacy as an innovator and leader in the field. Connect with Patrick Website: WFG National Title Insurance Company LinkedIn: Patrick Stone Connect With Us Love what you're hearing? Don't miss an episode! Follow us on our social media channels and stay connected. Explore more on our website: www.alltechnational.com/podcast Stay updated with our newsletter: www.mochoumil.com Follow Mo on LinkedIn: Mo Choumil

In this episode, Pat Carney highlights how he transformed traditional practices with cutting-edge technology, harnessing the power of AI and automation to drive efficiency and success in the title and fintech industries. Gain invaluable insights into balancing legacy methods with modern advancements and learn how to stay ahead in this rapidly evolving industry.     What you'll learn from this episode Lessons on transitioning from traditional roles to tech innovation in the title industry The importance of seamless integrations and APIs for business efficiency How to balance tradition and technology in the title industry Core aspects of the title industry that should remain unchanged despite technological advancements Practical advice for title professionals on adopting AI and automation     Resources mentioned in this episode  It Doesn't Have to Be Crazy at Work by Jason Fried and David Heinemeier Hansson | Paperback, Hardcover, and Kindle Atomic Habits by James Clear | Paperback, Hardcover, and Kindle     About Pat Carney Pat Carney, based in Bluffton, SC, US, is currently a President at Viking Sasquatch, LLC, bringing experience from previous roles at FirstClose, Foundation Title & Escrow Series, LLC, Agents National Title Insurance Company, and ClosingCorp. Pat Carney holds a UC Clermont College. With a robust skill set that includes Business Process Re-engineering, Business Development, Process Improvement, Marketing, New Business Development, and more, Pat Carney contributes valuable insights to the industry.      Connect with Pat  Website: Viking Sasquatch LinkedIn: Pat Carney Connect With Us Love what you're hearing? Don't miss an episode! Follow us on our social media channels and stay connected. Explore more on our website: www.alltechnational.com/podcast Stay updated with our newsletter: www.mochoumil.com Follow Mo on LinkedIn: Mo Choumil

Eric Bishop is an author and podcaster.  His latest book "Breach of Trust" is a sequel to his hit book "The Body Man."  We discuss the new book, being an author, health & nutrition, the future of America and more! 0:00:00 - Intro0:00:13 - Title Insurance, Squaters & Housing Laws 0:05:30 - Crazy Time to Be Alive 0:07:10 - Ted Nugent & Different Walks of Life 0:08:25 - President Collins Character in New Book 0:11:45 - Hunting, Carnivore Diet, Nutrition & Alcohol 0:30:25 - Allergies, Chronic Disease & Processed Foods 0:33:30 - News & Medical Industry as a Business 0:41:55 - Going Down the Rabbit Hole of Food & Chemicals 0:51:51 - Time Management, Writing the Book & Book Covers0:55:00 - Using a Pseudonym as an Author 0:56:30 - Success of Authors & Podcasters 1:05:05 - Supplementing Book Sales & Breaking Through 1:15:30 - USA, Division  & Future of Country 1:28:10 - Becoming Self-Sufficient & Health Choices 1:33:50 - EMPs & Possibilities 1:36:00 - Reviews of Breach of Trust 1:40:06 - Outro Eric Bishop website:https://www.ericpbishop.com/Chuck Shute link tree:https://linktr.ee/chuck_shuteSupport the Show.Thanks for Listening & Shute for the Moon!

What is a Zombie Mortgage? Is your home safe?? 00:00 - Intro 00:43 - Bank Error that Cost Over $1,000! 08:25 - Zombie Mortgages Explained In today's story Jay shares how an error that the bank made cost his HOA over $1000 for more than two weeks! This goes to show that anyone or any system can make mistakes. Have you had anything like this happen to you? The main topic explains what Zombie Mortgages are and how you can protect your home. Do you know anyone who is facing this? Articles Mentioned: Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes: https://www.npr.org/2024/05/10/1197959049/zombie-second-mortgages-homeowners-foreclosure What is Title Insurance? Why You Need It and How to Buy It: https://www.investopedia.com/terms/t/title_insurance.asp Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com  Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

The recent fraud attempt against Graceland has reignited concerns about title fraud. Clark shares 3 ways to protect against the rare but heinous crime of property theft. Also, we've talked a lot about the rising cost of homeowner's insurance, but the biggest problem many of us face is being underinsured. Guard Against Title Fraud: Segment 1 Ask Clark: Segment 2 Adequate Home Insurance: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Scammers Tried to Sell Graceland. How to Prevent Your Home From Being Next. Home Title Lock: Is It the Same As Home Title Insurance? (Clark.com) What Is Owner's Title Insurance and Do You Need It? (Clark.com) How to Freeze Your Credit With Experian, Equifax and TransUnion uShip Review: 5 Things To Know Before You Use the Shipping Service Can YouMail Really Put an End to Robocalls? [The Washington Post] Home insurance was once a ‘must.' Now more homeowners are going without. Best And Worst Homeowners Insurance Companies (Clark.com) 9 Ways To Lower Your Home Insurance Premiums (Clark.com) Dept. of Energy - HEAT PUMPS How To Buy Term Life Insurance in 7 Easy Steps Clark Howard's Advice on Buying Gold Should You Buy Gold at Costco? Clark.com - Invest & Retire Thank you for listening today, Clarkies! If you want to be part of our “Clarkie” segment, call 404-981-2071 to leave a comment or story. We may play it during a future episode! Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Real Estate Expert & Best-Selling Author, Gerald Lucas discusses whether homeowners really need title insurance.

Matt Proffitt joins attorney Todd Marquardt to talk about title insurance and escrow on this edition of Talk Law Radio! What does a title company do and why do we need title insurance? Our guest today is Matt Proffitt, Senior Vice President of Title Operations for Security Service Title Company (SSTC). We discuss these questions and more. The mission of Talk Law Radio is to help you discover your legal issue blind spots by listening to me talk about the law on the radio. The state bar of Texas is the state agency that governs attorney law licenses. The State Bar wants attorneys to inform the public about the law but does not want us to attempt to solve your individual legal problems upon the basis of general information. Instead, contact an attorney like Todd A. Marquardt at Marquardt Law Firm, P.C. to discuss your specific facts and circumstances of your unique situation. Like & Subscribe! https://www.youtube.com/@talklawradio3421 Listen here! www.TalkLawRadio.com Work with Todd! https://marquardtlawfirm.com/ Join attorney Todd Marquardt every week for exciting law talk on Talk Law Radio!See omnystudio.com/listener for privacy information.

Title Insurance & Closing Info Get bonus content on Patreon Become a member at https://plus.acast.com/s/pattysplayhouse https://plus.acast.com/s/pattysplayhouse. Hosted on Acast. See acast.com/privacy for more information.

As part of ALEC's Women Leadership Series, ALEC Federalism & International Relations Task Force Senior Director Karla Jones and ALEC Health & Human Services Task Force Senior Director Brooklyn Roberts spoke with Elizabeth Blosser, VP of Government Affairs American Land Title Association about how President Biden's recent pledge threatens property rights, makes homeownership riskier, and undermines state law governing title insurance. Special Guest: Elizabeth Blosser.

A federal agency is suggesting that lenders foot the bill for title insurance instead of home buyers. The Consumer Financial Protection Bureau says that home buyers are paying way too much for something that protects lenders. But skeptics are pushing back, saying if lenders are forced to pay, a change in the rules won't have the desired result and won't do much for housing affordability.   Hi! I'm Kathy Fettke and this is the Real Estate News for Investors. Before we continue, please take a moment to sign up for a free RealWealth membership. You'll have access to a valuable educational resource and there's no cost or obligation to join. You can sign up at newsforinvestors.com. And if you haven't yet, subscribe to this podcast on your favorite platform so you won't miss an episode.    Now, back to our story about title insurance, which is required by lenders to verify ownership and whether there are any liens on the property. It typically costs about $2,000 for a median-priced home. But according to Rocket Mortgage, it can vary from state to state and can range from half-a-percent to 1%. So let's say you're buying a $500,000 home and you need title insurance. If it costs half-a-percent of the home price, that's $2,500, and at 1%, $5,000.    As reported by The Real Deal, buyers often overlook the cost of title insurance so it comes as a surprise. And here's the rub, if there's no loan, owner's title insurance only costs about $200, which is what the CFPB is concerned about – that homebuyers are being overcharged for title insurance...   Links:   1 - https://therealdeal.com/national/2024/04/19/consumer-bureau-pushes-for-title-insurance-reform/   2 -  https://www.nationalmortgagenews.com/news/what-happens-if-the-cfpb-makes-lenders-pay-title-insurance

As if almost on cue, another real estate agent commission lawsuit dropped last week. This time it was filed against 50 to 60 mainly local South Carolina agencies.   Notably missing this time were the large brokerage that settled their lawsuits with the Sitzer/Burnette plaintiffs.  What does this mean for the market?Also, there is bi-partisan opposition to a bizarre title insurance proposal where Fannie Mae would assume the title risk in place of title insurance companies. It is truly preposterous.   Learn if it would affect your closings.REAL ESTATE AGENTS- GET YOUR FREE TICKETS TO CINCO DE MAYO https://www.eventbrite.com/e/cinco-de-blair-cato-tickets-875508207617?aff=Podcast Don't forget to like us and share us!Gary* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area. 

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Thanks to today's sponsor, Richey May. Richey May is a recognized leader in providing specialized advisory, audit, tax, technology and other services to the mortgage industry for almost four decades. Among many awards, Richey May has been named a Top 100 Firm twice and is known in the market for their education and contributions to the mortgage industry. They don't just hire from the mortgage industry; they have the experts who build it.  To experience how Richey May can help you transform your mortgage business, visit richeymay.com.

As the big phone companies plan big price increases, smaller competitors are taking a bigger share of the marketplace. Clark shares easy ways to keep costs down.  Also, you've heard of getting a second opinion when it comes to medical procedures, but did you know that getting a second opinion in all sorts of consumer areas can save you big bucks? SAVE on Cell Phone Service: Segment 1 Ask Clark: Segment 2 Get A Second Opinion: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Comcast, Charter add subs; survey finds consumers very open to MVNOs T-Mobile Eyes Price Hikes As AT&T, Verizon Set to Raise Rates in March Best Cell Phone Plans in 2024: The Cheapest Plan for Every Need What Is Owner's Title Insurance and Do You Need It? Home Title Lock: Is It the Same As Home Title Insurance? Counterfeit Stamps How getting a second opinion can stop you being ripped off — The Conversation Brushing Scam – United States Postal Inspection Service “Brushing” Scam Indicates a Serious Problem for Victims How Can I Make Freezing a Young Person's Credit Less Risky? Should You Make Your Child an Authorized User on Your Credit Card? Credit Karma Review: Free Credit Score and More at Your Fingertips Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

As part of its goal to increase affordable mortgage access for homebuyers in the United States, Fannie Mae announced in December that it would accept attorney-opinion letters (AOLs) in place of title insurance with more mortgages. While AOLs have been allowed by the government-sponsored enterprise on select mortgages since 2022, the decision expands eligible mortgages to include condo units and properties with homeowners association (HOA) restrictions, potentially assisting more first-time homebuyers with the high costs of homeownership by trimming about $1,000 off their mortgage closing costs.  The Community Home Lenders of America expressed support for the alternative as a way to tackle homeownership affordability challenges. But the American Land Title Association (ALTA), the nation's largest title insurance trade organization, has consistently pushed back against attempts to allow title insurance alternatives, citing gaps in protection for homeowners and lenders.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Title insurance is one of the most important ways to protect your real estate investment, although deciding whether lender and owner policies are necessary can be challenging.  If you end up with a property with a defective title and don't have title insurance, you risk losing the house and/or thousands of dollars, depending on the situation. We've uncovered the truth about title insurance and answered the question, “What is title insurance?” We're here to help you understand the difference between lender's and owner's policies. Learn more about your ad choices. Visit megaphone.fm/adchoices