Understanding 1031 Exchange Tax Deferral

Section 1031 of the tax code allows owners of qualified real estate to sell a property and defer paying taxes on the gain from the sale, as long as the sale proceeds or exchange value is used to acquire like-kind replacement property for investment or business use.

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Reissue Rates Explained

A reissue rate (also known as a short term rate) is a discount rate on the cost of an owner’s policy and/or a refinance loan policy. The requirements for a reissue rate vary with each title insurer. We answer your commons questions in this Q&A piece!

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Solar Panel Purchase Transactions

Solar panels can be owned free and clear but more than likely, there is a lien on the solar panels. Buyers, sellers and their agents should be aware of the title company’s role when handling a closing when there are solar panels installed on a property.

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Owner’s Extended Coverage

 There are certain title issues that arise which need to be dealt with immediately. As a general rule, when you receive the Title Commitment for your transaction, the first thing you should do is flip to the Requirements Page. The Requirements Page will disclose whether there is an item on title that will delay closing. 

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2019 Charity Poker Tournament

For nearly 14 years, First Integrity Title has hosted our annual Charity Poker Tournament as a way to give back to the community, while also providing great networking opportunities within…

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