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Sold Rush: The people behind the scenes of the region’s 2020 real estate boom Record December 2020 home sales in the Grand Traverse area tipped total sales figures over $1 billion, setting records for both number of homes sold in a single year (3,455 homes) and total single-year sales value ($1,220, 513,667). Factors [...]
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. [...]
Tips for more secure Video Conferencing and working from home. Video conferencing has increased in popularity to both simulate the familiar office experience, as well as educate our children while remaining safe from COVID-19. This new “virtual office” comes with many benefits from being able to communicate across the country and collaborate with others [...]
Real Estate Closings & COVID 19 Governor Whitmer has issued Executive Order No. 2020-70. This order allows Real Estate professionals to begin working after the initial Stay At Home order. Specifically, under paragraph 10, section "h" it states the following... "Effective at 12:01 am on May 7, 2020, workers in the real-estate industry, [...]
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 [...]
COVID 19 UPDATE As you are probably already aware Governor Whitmer has given Executive Order No. 2020-21, a.k.a. "Stay Home, Stay Safe". This order effects many "non-essential" businesses and workers, as it orders them to stay home. You can read more on what qualifies as "essential vs non-essential" here. Mid-American Title has been [...]
$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 [...]
The 31 Flavors of Title Deeds The transfer of property can be done in many ways, with many different documents. Anytime property is transferred the document used must be recorded at the local Register of Deeds office. Below we will go over some of the more common documents; sometimes called instruments. Warranty Deed [...]
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 [...]
Did you know that there are certain days of the year that rank high in regard to selling a home? Some may believe that putting a home on the market any time of the year is a great idea. What if we had data that highlight the best days of the year to sell [...]
