Keen Title Examiner Discovers Forgery

The vesting on the open order sheet did not match the vested owner of record. That is not an unusual discovery in the title industry, but this time it triggered the title examiner to dig deeper and to uncover a forgery!

forged signatureOne of our sister branches in Denver opened a sale transaction in the amount of $450,000 and ordered the title report/commitment. The title examiner, Venita O., noticed the open order sheet reflected the property owner as an Estate of a named individual. The most current deed, however, reflected the owner as an LLC.

There was no death certificate of public record for the decedent, so Venita was unable to determine if he died prior to the deed to the LLC. She looked at previous deeds of trust in the chain of title to compare the decedent’s signature to the signature on the deed to the LLC. The signatures were not the same at all.

The Story of the Stolen Lot

Vacant Lot Aerial Photo

Vacant land or homes are easy targets for criminals. Vacant homes are often vandalized. In some cases squatters move in and refuse to leave, even though they do not pay rent. Vacant lots are used as dumping grounds for trash and debris. Some more brazen thieves are bold enough to even try to steal the…

Grand Opening & Ribbon Cutting Event June 5th – Federal Way Ticor Title

Ticor Title Federal Way Grand Opening

Please Join Us! Please join the Chamber of Commerce, local dignitaries, and members of the public for a midday celebration as Ticor Title is officially welcomed into the Federal Way community.   We look forward to celebrating our newest location with you. Click here to download the invitation and event information. Tour of Ticor Federal Way…

All Cash Transaction Down to the Wire…

All Cash Offer New Home Purchase

Ensuring we have unconditionally collected funds prior to disbursing on a real estate transaction is one of the most basic duties of the settlement agent. Wired funds are the best way to accomplish this. Funds sent via wire transfer are already collected by the bank; once the funds are credited to the trust account, they…

Why We Don’t Handle Holding Escrows…

Holding Escrows

A holding escrow does not involve the transfer or encumbrance of real estate. A holding escrow is a two party agreement to hold funds pending the outcome of conditions. We are licensed title insurance providers. We operate with the understanding of our regulators and our insurance carriers that escrow transactions are handled in connection with…

Ready, Snap, Go! – Take A Photo & Get A Property Profile

ticor-pocket-profile-5

We’re excited to announce a feature update for the Ticor Pocket Profile app that allows users to access a property profile by simply snapping a photo of the subject property from a mobile device! This new time-saving feature can be used when previewing properties with clients, at open houses, or when driving through a neighborhood….

Ticor Title Federal Way Escrow – Video Tour & Photo Gallery

Ticor Title & Escrow - Federal Way, WA

In February, we announced the opening of our new Ticor Title escrow location in Federal Way, WA  located on 9th Avenue S., one block north of 336th St. This escrow office offers street-level access, ample parking, and close proximity to major real estate offices in the Federal Way area. All are welcome to pop in…

How to Steal a Mansion

Mansion

The Property listing reflected an 8,141 square foot home as having seven bedrooms, 10 bathrooms, a four car garage and a guest home (mother–in–law quarters). The home was newly constructed, but unfinished. The construction lender had to foreclose and take the property back and sell it as an REO (bank owned) property. Full Cash Offer…

Watchful Examiner Helps Prevent Elder Abuse

Elder Abuse Prevented

Kathie H., senior title examiner at one of our Central Processing Facilities (CPF), read legal bulletin FGOR-2010-12, that directed her to “Watch; Wonder; Wave” if and when she ever ran across an uninsured deed in a chain of title. The bulletin, issued in 2010, obviously stuck with her through the years and helped her prevent…

Announcing Ticor Title’s New Federal Way Escrow Location!

Ticor Title Federal Way, WA - 33400 9th Ave S.

We are pleased to announce the opening of our new escrow office in Federal Way. You’ll find us conveniently located on 9th Avenue S., one block north of 336th St. A Centralized & Upscale Venue The growth of our business in Federal Way has brought with it the need for a centrally located venue to better…