Steps to Buying a Home in Las Vegas Using an Escrow Company
Element Title LLC Blog
by Ami Hadad
1y ago
Steps to Buying a Home in Las Vegas Using an Escrow Company Are you looking forward to buying a home in Las Vegas? There are a dozen exciting reasons why owning a home in the City of Lights is a good investment decision. From the thriving economy to good schools, affordable housing, and year-round recreational opportunities, living in the city is a rewarding experience. Las Vegas also has a thriving rental market, so if you ever wish to rent out your house at some point later, you can easily do so and earn a decent income from your property. But now, on to the home-buying process – what steps ..read more
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What Is Title Insurance in Las Vegas and Why Do I Need It?
Element Title LLC Blog
by Ami Hadad
1y ago
What Is Title Insurance in Las Vegas and Why Do I Need It? If you’re a homeowner in Las Vegas, title insurance is something that you should consider purchasing. In this blog post, you will learn what title insurance is and why it’s crucial for homeowners in Las Vegas. The US Title Insurance market is worth $28.2 billion and continues to grow with good reason. It’s a type of insurance that protects homeowners, lenders, and other parties from losses due to property title problems. What Is Title Insurance? Title insurance is a policy that safeguards home purchasers and mortgage lenders from fina ..read more
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Best Things to Do in Las Vegas During Winter Months
Element Title LLC Blog
by Ami Hadad
1y ago
Best Things to Do in Las Vegas During Winter Months While many parts of the country are dealing with snow, slush, and blustery winds, the city of Las Vegas offers mild winter months and plenty of fun activities to enjoy. Since the summers here can be brutally hot, now is the perfect time to check out some of the area’s best outdoor activities. And on the days when it’s a bit too chilly to be outdoors, you can head inside and enjoy a few of Vegas’s hottest indoor attractions. Here’s a look at some of our favorite things to do in Las Vegas during the winter months. Go Ice Skating at the Cosmopol ..read more
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Get Started With Your 2023 Real Estate Goals Today
Element Title LLC Blog
by Ami Hadad
1y ago
Start Working on Building Your New Year’s Resolutions Today! 2023 is right around the corner, but as a real estate professional, there is no reason to wait until the new year to start examining real estate trends and setting new, loftier goals and resolutions for the coming year. Even with the Las Vegas real estate market taking a bit of a downturn, it is still a seller’s market with prices remaining on the high end, and with the right planning and pointed, deliberate action, you can keep the sales and commissions rolling in. Examining Market Trends With interest rates going up, home sales ha ..read more
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All You Need to Know About RONs (Remote Online Notarization)
Element Title LLC Blog
by Ami Hadad
1y ago
Notarization is an essential process when you want to ensure the authenticity and integrity of key documents. Traditionally, most notarizations were completed in person and on paper. For a fast-paced, hybrid work environment, such in-person and paper-based notarizations presented multiple challenges. Today’s fast-moving organizations need a more robust option for performing efficient, secure, and hassle-free notarization—and that’s where remote online notarization (RON) comes in handy. So, what is remote online notarization, and how does it affect your title and escrow ..read more
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What is a Grant Deed and How Does It Work
Element Title LLC Blog
by Ami Hadad
1y ago
A grant deed is a legal document issued by the government of a particular state in response to specific requirements that the state’s citizens must fulfill to own property. Before engaging in any real estate transaction, it’s important to have some basic understanding of deeds. To a great degree, when you’re acquiring property in a tax/foreclosure sale. Here, you must make it a point to ascertain the benefits and limitations stipulated by the grant deed. A grant deed has two primary purposes: ● First, to clarify who owns each piece of real estate so that no doubt remains as to who is entitled ..read more
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What Do Title Companies Do
Element Title LLC Blog
by Ami Hadad
1y ago
With the real estate market influx and many homeowners struggling to keep their homes, title companies have become more important than ever. If you’re selling your home or looking for a loan, you’ll need to work with a title company. Title company las vegas licensed professionals will help buyers and sellers ensure the property is free and clear of any liens or other legal issues before closing. Title companies also offer various services, including: Perform a Title Search The title company will conduct a search of every public record related to the property. This includes: ● Deed records ● Ou ..read more
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How Real Estate Agents and Escrow Companies Work Together
Element Title LLC Blog
by Ami Hadad
1y ago
Real estate is a vast market, raking in about $349 billion in revenue in 2021, according to Statista. Considering home prices reached an all-time high in July 2022, real estate agents have to deal with huge sums of cash. As you’ve probably guessed, an industry awash with such large sums of money will ultimately face issues with criminals. According to FBI data, about 11,578 real estate players lost $350 million in 2021 due to wire fraud. That’s where escrow companies come in handy as they ensure the cash transfers safely from the buyer to the seller, so here’s a look at how real estate agents ..read more
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How Grant Bargain & Sale Deeds Work
Element Title LLC Blog
by Ami Hadad
1y ago
A grant, bargain & sales deed is a special-warranty deed that shows or affirms that the grantor or property owner has the right to legally transfer the title on the property to the grantee/new owner. This deed offers a warranty of title that’s limited to the time the grantor occupied/held the property. Before buying a real estate property, mainly through tax sales and real estate foreclosures, it’s crucial first to understand how the various types of deeds work and their impact on both the grantors’ and the grantees’ legal rights. We have covered this and more in the sections below. Unders ..read more
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