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Escrow Tip – IRS Form 1099-S 7 Aug 2013 | 08:49 pm
When is a 1099-S issued in the sale of Real Property? For sales or 1031 exchanges of certain real estate, the Escrow Officer is legally required to report the proceeds to the IRS using form 1099-S. ...
What Is Escrow? 25 Jun 2013 | 10:42 pm
As a buyer or seller, you want to be certain all conditions of your sale have been met before property and money changes hands. The technical definition of an escrow is, “A transaction where one party...
The Importance Of The Title Commitment 4 Jun 2013 | 10:19 pm
Have The Best Closing Experience – Read The Title Commitment When You Receive It! When a title commitment is received by the parties, it should be reviewed for content and accuracy. A title commitment...
FIRPTA – IS YOUR TRANSACTION SUBJECT TO WITHHOLDING? 4 Jun 2013 | 03:59 am
The Foreign Investment in Property Tax Act (FIRPTA) Among the many documents which are presented and processed during escrow is a certificate of non-foreign status. The reason for this document is to ...
Remember to provide the LSU – “Loan Status Update” 3 Feb 2013 | 04:16 am
Your Escrow Officer, at Title Security Agency, is here to assist with the prompt closing of every transaction. When opening escrow one of the important documents to provide to your Escrow Officer is t...
McVay Renew-A-Thon! ALL 24 HRS in 3 days! 11 Jan 2013 | 04:12 am
TUCSON REAL ESTATE EDUCATION This month Title Security is again hosting the C. David McVay School of Real Estate. The classes for January 2013 will be held on January 15, 16 & 17th. The format has c...
“Fiscal Cliff” averted – 1031 Exchange Helps Investors 3 Jan 2013 | 04:15 am
The Senate bill passed the House and contained a number of important issues relative to the housing market. Brigitte Echave, with Leverage Exchange Group, LLC, (1031 Exchange company) has written an a...
BENEFICIARY DEED 7 Dec 2012 | 03:27 am
In 2001, Arizona became the second state to enact a statute (ARS §33-405) which permitted the use of a beneficiary deed to transfer real estate upon the death of the owner. In other areas of the count...
Escrow Earnest Money Delivery 8 Nov 2012 | 01:16 am
Recently our Escrow Officers and staff have noticed that earnest monies are being mailed to escrow instead of being hand delivered. Escrow is not officially opened until the escrow earn...
TUCSON Real Estate Education ~ Got Yours? 7 Nov 2012 | 01:50 am
TUCSON REAL ESTATE EDUCATION Title Security Agency is a company founded on innovation and one that embraces entrepreneurial endeavors. To that vein, Title Security Agency is committed t...
