About Us
Industry Updates
Homepath
Posted by desettle on 8-12-2011 1:31 pm
ARE YOU A HOMEBUYER LOOKING FOR THE BEST DEALS IN DELAWARE AND PENNSYLVANIA?
CHECK OUT www.homepath.com
WARNING: THIS SITE IS ADDICTIVE. You will want to check back on a regular basis for updates to the inventory and review the new listings
Possible financing available for some properties for qualified buyers.
Contact Karen Marion at Prospect Mortgage, LLC for more information on financing.
Returning Clients
Posted by desettle on 12-10-2011 11:25 am
IMPORTANT NOTICE TO RETURNING CLIENTS
If you are planning to refinance to take advantage of historic low rates, please remember that:
-An attorney is required to conduct Delaware real estate closings, including refinances. Your attorney in our network will be delighted to see and assist you again.
-Because we have much of your information in our data base, in most cases we can offer reduced title rates and search costs.
-We can expedite your closing experience by sending the title documentation immediately to your lender.
-Let your loan officer/lender know that you already have an attorney and title company team for your closing. It is your absolute right to choose your own attorney and title company team to represent you in this transaction. Let that team be us! We look forward to working with you again.
October 7, 2010
Posted by desettle on 7-10-2010 3:13 pm
I Am a Title Professional
I am a land title professional. Our industry ensures that people have clear ownership rights to their home – rights that help them to realize the American dream, create wealth, and drive the nation’s economy.
As a Land Title Professional…
I help protect the dream of homeownershipThe land title industry helps protect people’s investments in their homes. For a one-time fee, we assure clear ownership of title for the homeowner and then provide insurance protection for as long as they own their property. Land title agents discover and cure errors in one out of every three real estate transactions before buyers even get to the closing table. By working to eliminate the risks that could jeopardize home ownership, we help protect the American dream.
I help people create wealth.By assuring clear ownership, the land title industry helps people use their property as collateral to borrow funds, which they use to open businesses, expand their education, and provide for their families. By assuring that they will not lose their home to fraud or other risks, people can use their home’s equity as an investment. By providing mortgage lien insurance to lenders, we help make credit available to consumers so that they can realize the benefits of homeownership.
I help drive our nation’s economy.The system that allows land to be freely bought, sold, and transferred in the United States depends on the work of the land title industry. The proof of ownership that we provide allows homeowners to grow their assets and stimulate the economy through real estate equity. Our work gives lenders confidence to provide mortgage loans, which is the backbone of the real estate economy – the backbone of the nation’s economy.
I offer a service that no one else does.No other industry insures people’s ownership of real property. Not bankers. Not Realtors. Not the government. Title professionals use extraordinary skill to search public records and title plants for judgments, liens, and other potential problems – information used to resolve issues, reduce people’s risk, and conduct the transaction. Without the work we do, homeowners’ property rights could be jeopardized, collateral and equity could be lost, along with trust in our national system of private property ownership.
About the Land Title Industry
The land title industry is vital to the U.S. economy. The work we do protects the rights, therefore the monetary investments, of real estate buyers. We reduce risks to lenders, giving banks the confidence to issue mortgages and home equity loans. Because of the assurance title insurance provides, lenders issues loans more cheaply than without land title insurance, and we provide the assurance necessary for capitalism to flourish in our country.
The title process is a detailed and extensive one. Title professionals take extraordinary time and use expert skill to search public records and title plants for judgments, liens, and other potential problems. We then go to work to resolve title issues, reduce people’s risk, and prepare for the transaction process. In the end, our work assures people’s ownership rights and helps protect them from future claims.
Title insurance is different from other types of insurance coverage for two reasons. First, people pay for their owner’s policy only once (rather than annually) to give them protection for as long as they own their property. Secondly, our process works to eliminate risk upfront, rather than after issues happen later. Other forms of insurance, such as auto or property and casualty, require little upfront work because claims can’t be predicted or prevented.
August 31, 2010
Posted by desettle on 31-8-2010 11:14 am
Welcome to our new website.
TO ALL OUR REALTOR AND LENDER FRIENDS: CHECK OUT THE FOREVER MARKETING WE PROVIDE FOR YOU AND YOUR CLIENTS THROUGH THE DIGITAL CLOSING DOCS LINK
We will be providing industry updates and commentary and welcome you to add your comments.
Presently, we are still under construction and edits to text are ongoing. We appreciate your patience.
August 31, 2010
A growing number of homeowners are choosing to pay down their mortgages at a faster rate--even if it means a substantial jump in their monthly payments.
Between January and June, 26% of homeowners who refinanced chose a 15-year fixed-rate mortgage, according to data from CoreLogic, a provider of financial, property and consumer information. During all of 2009, 18.5% of borrowers who refinanced opted for a 15-year term.
What's prompting the shift to shorter loans? Historically low interest rates for fixed-rate mortgages.
Homeowners are doing the math and realizing that rates have fallen enough so the increase in payment between a new 15-year mortgage and their current loan is no longer unbearable for their budgets, says Bob Walters, chief economist at online lender Quicken Loans.
The average rate on a 15-year fixed-rate mortgage was 3.86% for the week ending Aug. 26, according to Freddie Mac's weekly survey of conforming mortgage rates.
August 30, 2010
After a worse than expected falloff in home sales during the month of July, buzz about a possible revival of the federal homebuyer tax credit has begun to surface. Sales of previously owned homes plummeted 27 percent last month, hitting their lowest mark in 15 years. New home sales also took a dive, dropping nearly 13 percent. Both reports were clear indications of the frailty of the housing market post-stimulus. HUD Secretary Shaun Donovan says the July numbers were worse than was expected and are cause for concern, and he's not ruling out a return of the tax credit incentives.
August 30, 2010
Posted by desettle on 30-8-2010 10:51 am
Welcome to our new website.
We will be providing industry updates and commentary and welcome you to add your comments.
Presently, we are still under construction and edits to text are ongoing. We appreciate your patience.
August 30, 2010
After a worse than expected falloff in home sales during the month of July, buzz about a possible revival of the federal homebuyer tax credit has begun to surface. Sales of previously owned homes plummeted 27 percent last month, hitting their lowest mark in 15 years. New home sales also took a dive, dropping nearly 13 percent. Both reports were clear indications of the frailty of the housing market post-stimulus. HUD Secretary Shaun Donovan says the July numbers were worse than was expected and are cause for concern, and he's not ruling out a return of the tax credit incentives.
