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Crystal Clear Title & Escrow Co.

Mid-American Title keeps you up to date with the latest news and trends in the industry.

Land Contract FAQs – What do I need to know about Land Contracts?

Land Contract FAQs - What do I need to know about Land Contracts? What is a Land Contract? An agreement between a buyer (vendee) and seller (vendor) that states that a buyer is purchasing property, but will not receive the legal title until the debt is paid. The land contract must be in [...]

2021-09-07T13:18:17-04:00September 7th, 2021|Industry News, Real Estate Tips|

Land Parcel Splits

Land Parcel Splits, Contiguous Parcels and Contiguous Lots Sale and Transfer of Title Mid-American Title receives quite a few calls regarding Land Parcel Splits and the sale of those parcel.  We also receive many calls about selling contiguous parcels of land or lots that are vested (owned) by the same person(s) or entity. [...]

2021-02-01T14:11:42-05:00February 1st, 2021|Industry News, Local News|

COVID Update – use of electronic signatures and remote notarization

EXECUTIVE ORDER No. 2020-41 LANSING, Mich. -- Today, Governor Gretchen Whitmer signed Executive Order 2020-41, which will protect the health and safety of Michiganders by reducing unnecessary in-person contact, through the use of electronic signatures, remote notarizations, remote witness attestations and acknowledgments, and remote visitations. Executive Order 2020-41 is effective immediately and continues through May 6, 2020 at 11:59 pm.  "It [...]

2020-04-09T12:57:12-04:00April 9th, 2020|Industry News, Local News, Real Estate Tips|

$221M Lost to Wire Transfer Fraud in 2019

$221M Lost to Wire Transfer Fraud in 2019 Incidents and losses due to real estate wire fraud continue to increase, according to the FBI’s 2019 Internet Crime Report. The report shows there were 11,677 victims in 2019 with $221 million in losses. This compares to 11,300 reported victims and $150 million in losses [...]

2020-02-21T08:54:16-05:00February 21st, 2020|Industry News|

Trump administration asks Supreme Court to limit CFPB’s

Trump administration asks Supreme Court to limit CFPB’s independence The Trump administration is urging the U.S. Supreme Court to give the president more control over the Consumer Financial Protection Bureau, the agency that regulates mortgages and credit cards. Asking the court to take up a pending appeal, Trump administration lawyers said the Constitution [...]

2019-09-18T14:46:03-04:00September 18th, 2019|Industry News|

Cannabis Safe Harbor

Cannabis Safe Harbor Bill Making Traction Thursday, March 28th marked the date the House Financial Services Committee adopted the H.R. 1595, the Secure and Fair Enforcement Banking Act of 2019 on a 45-15 vote.  This bill would warrant access to financial services for cannabis-related authentic businesses and service providers.  You can read more [...]

2019-04-02T12:15:26-04:00April 2nd, 2019|Industry News, Local News|

Here Come the Millennials

The time has come that the Millennials have burst into the housing market and now leading in several categories.  Considering the Millennials are getting older, making more money, and have deeper pockets, it is not a shock that this generation is taking over the housing market and scooping up new homes.  According to Realtor.com, [...]

2019-03-05T13:59:53-05:00March 4th, 2019|Industry News|
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