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When you own a property and have placed that property in your Trust, here are some reminders that you will want to keep handy as you prepare to sell or refinance:

• Your Trust is treated by the title agent as it's own entity. You may be the Trustee, but you are not necessarily entitled to the money from the sale or refinance.

• Make sure you have a copy of the Trust handy in case we need to see it. Heads up: you may have to record a few pages to clarify title.

• In the majority of cases, you will need to have a checking account for the Trust to receive the funds from the sale or refinance.

• You may need to have a separate Tax ID Number for your Trust. Please check with your CPA so you don't get caught, well, you know the saying...

• If the original Trustee has died, there are other steps that may need to be taken. It is wise to check with us ahead of time so that you aren't caught, again, with, well, you know the saying...

• If your Trust has more than one Trustee, there is a really good chance that all of the Trustees will have to sign - just another "heads up"!

• No, you usually can't have someone sign for you, the Trustee, with a Power of Attorney. I'm not saying "never" because sometimes it may be able to happen. Just don't count on it until the Trust is reviewed.

Although I could go on and on about this and things that we've seen from a title standpoint, know that the above list is going to get you to the closing table faster if you have them ready and available for us as part of the title and closing process.

I can hear you now: I'm not from Florida. Well, I would venture to say that your State may have similar requirements so this will help you be prepared to ask the right questions as you head into your transaction.

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Integrity Land Title is here to be the glue that holds your closing together and we promise to do everything in our power to make sure your transaction closes quickly and stress-free!

Your partners in closing success,
Leslie Mendenhall, Owner
30+ Years of Experience
Integrity Land Title
(561) 684-6262

P.S. Grab the phone and dial (561) 684-6262 and I'll answer any title insurance questions you may have

Disclaimer: Leslie Mendenhall and Integrity Land Title are licensed Title representatives and not an attorney. It is recommended that you seek legal advice for any questions that do not relate to the issuance of a Title Insurance product.

P.S. You can also securely submit your Title Orders at https://www.IntegrityLandTitle.com 

#realestate #florida #title #realtor #lender #sale #refi #titlecompany #success #property #titleinsurance

If you don't know they exist - or you think that lawsuit you are involved in won't matter - that is another potential closing delay.

📞Call us at 561-684-6262 for all your title questions and needs!
 
⇒P.S. You can also securely submit your Title Orders at https://www.IntegrityLandTitle.com

#realestate #florida #title #realtor #lender #sale #refi #titlecompany #success #property #titleinsurance

🔹Call us at 561-684-6262 for all your title questions and needs! 📞

🔹P.S. You can also securely submit your Title Orders at https://www.IntegrityLandTitle.com 😃

#realestate #florida #title #realtor #lender #sale #refi #titlecompany #success #property #titleinsurance

Call us at 561-684-6262 for all your title questions and needs! 📞

P.S. You can also securely submit your Title Orders at https://www.IntegrityLandTitle.com 😃

#realestate #florida #title #realtor #lender #sale #refi #titlecompany #success #property #titleinsurance