TILA, Disclosures, Title Agent, Consumer Protection,

Congress passed legislation that outlines requirements to protect mortgagors from destructive loaning practices in 1968. This legal mandate is named the Truth in Lending Act (TILA). Besides, TILA protects individuals from dishonest financial providers who want to take advantage of the consumer. A Deep Dive into Truth in Lending Act The Office of Comptroller of…

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Closing Commercial Real Estate Process

Typically the closing process for commercial properties is much longer than residential closing. For example, a residential mortgage closing may take as long as 30-60 days from the contract to close. Commercial transactions take additional time because of the more essential details. For example, the property owner buys an existing commercial property to expand their…

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Closing Title Deed Property

At closing, we, as title agents, will provide you with the executed deed so that you may verify vesting. Still, the title agent will ask for it back. The initially submitted deed is to the county your property resides for recording. When the county has recorded the deed into public records, the title agent will…

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