Businesses and residents in Boone County should be aware that the Boone County Fiscal Court appears likely to pass an ordinance creating a code enforcement board in 2016. The Board would be in charge of issuing fines related to violations of the Boone County code of zoning ordinances and it would have authority to hear Read More
Consumer Financial Protection Bureau Takes Action Against Mortgage Lender for Illegal Payments
March 12, 2014
Notably, this lender self-reported a RESPA violation. Had it not, the penalty likely would have been far more severe. http://www.consumerfinance.gov/newsroom/cfpb-takes-action-against-mortgage-lender-for-illegal-payments/ « Back to newsSubscribe
Commercial Real Estate Purchasers – Be Diligent With Your Due Diligence
February 11, 2014
It is all too easy to toss aside a commercial real estate purchase agreement once signed. However, it is important for the purchaser of commercial real estate to be aware of the terms of the agreement. One of the most critical terms is the deadline by which the purchaser must complete its due diligence for Read More
Urban Redevelopment – Step 1: Title Exam
April 4, 2013
Urban Revitalization and Municipal Economic Development Incentives provide intriguing opportunities to for urban minded developers and entrepreneurs.
Don’t Go Without It: Understand the Importance of Title Insurance
June 28, 2011
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
Covered or Not: How Title Insurance Can Protect Your Real Estate Investment
January 4, 2011
There are a number of hidden hazards you must be aware of when buying real estate—hidden hazards that may have occurred prior to your purchase. The only way to properly cover your bases: obtain adequate title insurance. Securing title insurance protects your interests, avoiding claims against your title and insulating you against loss.
Run a Business in Kentucky? File Your Kentucky Annual Report By October 31
October 12, 2010
If you own or operate a business in Kentucky, make sure you have filed your Kentucky Annual Report. In a recent press release, the Kentucky Secretary of State’s office warns that tens of thousands of companies face dissolution if they don’t file their annual report by the deadline of October 31.
Before You Sign a Lease: Title Insurance Is Not Just For Owners and Buyers
September 16, 2010
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.
Buyer and Seller Beware: CRE Requires Careful Due Diligence
May 28, 2010
All commercial real estate transactions require careful due diligence. Without it, a buyer or seller may end up with a lot of headache and hassle–and legal nightmares. Hidden issues are often uncovered by using a professional team including an experienced title agency.
Commercial Real Estate: Stability May Be On The Horizon
May 14, 2010
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.
Declining Real Estate Value? Appeal Your Tax Bill.
April 8, 2010
The Great Recession continues to take its toll on our Nation. Many leading business journals predict continuing losses in the commercial real estate market. Although it is hard to see any bright side to this domino’s fall, there is one practical step that owners can take to mitigate the damage – appeal their tax bill.
Introducing Excel Title Services
March 30, 2010
Introducing Excel Title Services – a full-service title company.
In the current dynamic real estate market, you need an experienced and professional title company to protect your real estate investment and coordinate your title needs. Excel Title Services is the clear choice to meet the full range of your real estate title needs.
In Brief: The State Of Commercial Lending In 2010
March 29, 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.
