Excel Title echoes the sentiments reflected in the linked blog. Recently we were assisting a buyer in purchasing a home from a seller who had previously purchased it from a “big” bank. The bank had purchased the property back out of foreclosure. Unfortunately, the title company or law firm assisting in the foreclosure utilized the Read more…
Don’t Go Without It: Understand the Importance of Title Insurance
Before You Sign a Lease: Title Insurance Is Not Just For Owners and Buyers
As a tenant of a leased property, you may not realize the pitfalls that are inherent to leasing. You might enter into a long-term lease and plan to complete a property build out, only to encounter a title landmine that sets your business into a tailspin. The good news: obtaining adequate leasehold title insurance can cover these pitfalls. Securing this type of insurance is especially critical if you’re signing a long-term lease. Read more...
Commercial Real Estate: Stability May Be On The Horizon
Since 2008, the commercial real estate market has been challenging for all involved. Although we are not completely past the turbulence, we are beginning to see more stability on the horizon. Read more...
In Brief: The State Of Commercial Lending In 2010
Commercial lenders and borrowers are cautiously optimistic that an uptick in lending will materialize in 2010. Spreads on commercial mortgage loan rates have narrowed significantly from early 2009 levels and property values remain low. Thus, money for new commercial real estate deals can be borrowed relatively inexpensively to buy real estate at bargain prices. Against this backdrop, various lenders plan to make significant commercial loans in 2010. Read more...