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Ancona Title & Escrow earns Stewart Title Circle of Excellence Award for 5th consecutive year.
Freddie Mac recently announced that a new single-close mortgage product will become available after November 2021. Dubbed the CHOICEReno eXPressSM , it is set to address certain types of renovations like interior/exterior painting, roof repairs, minor remodeling, window and door replacement and other like items. This will become part of the CHOICE suite of mortgage solutions and is an expansion of the CHOICERenovation® that is designed to provide flexible financing for lenders and borrowers. Per Freddie Mac, “this new mortgage solution enables Sellers to deliver CHOICEReno eXPress mortgages to Freddie Mac prior to completion of the renovations without recourse, provided certain requirements are met”. The eXPress option is designed to aid in addressing the growing supply of older homes, creating more affordable housing, and accommodate the heightening demand for aging-in-place housing options. For many people this loan option will be an improvement over the use of unsecured financing options or credit cards. At Ancona Title and Escrow we view this news as a welcomed opportunity for our important business partners. We support the home buying and selling market on all levels. Critical to that involvement is a keen understanding of the elements that influence the marketplace. At Ancona we’re more than just title and escrow providers… we’re industry experts. We know this news will be a welcomed option for our realtor connections, mortgage partners, lenders and consumers. It is an interesting time to be a homeowner. Home renovation and restoration is being done at all levels from DIY’ers to professional restoration experts. The CHOICERenovation and Reno eXPress options are incredible options. The requirements for these programs have also been improved to make it easier for all parties involved. We will continue to monitor influential areas in and around our industry. Should our friends and associates wish to find more details on these programs we welcome them to visit https://sf.freddiemac.com/faqs/choicereno-express-faq to learn more.
Today we are taking a look at 30 year fixed rates forecasting. The rates below are provided by the Financial Forecast Center's website. I have been watching this site since 2002 and they have been extremely accurate and helpful in the growth and direction of my business. Now, here is the disclaimer, I am only passing along this information because in my opinion I think it's valuable. This is not an endorsement of the product nor do I sell it. Again, this is something that I utilize to plan future business around. Use at your own risk.
Many people are unfamiliar with what title insurance is, what it does for them and the benefits of having a healthy title industry. So we’d like to offer a quick glimpse into what we do for our customers day in and day out at Ancona and the benefits all Americans receive from the work done by the title industry.
We are launching a series of CLEAN ENERGY INITIATIVES that will reduce our company’s impact on the climate and further differentiate Ancona as the title company with a new and fresh approach.
We've just added a host of new buyer and seller estimates. Sell To Net, Multiple Offers, Monthly Affordability and Rent vs Buy.
Utilizing rate forecasting can be extremely helpful when planning for the future of your business.
Title Insurance Provides Needed Protection When Refinancing Mortgages
Utilizing rate forecasting can be extremely helpful when planning for the future of your business.
Today's topic was inspired by a conversation with a customer. As I made my follow up calls to check in with our customers to see how we are doing, a loan officer responded to me saying, "Ancona Title & Escrow takes the variable of title out of my transaction." I asked her to elaborate more on what she meant by that and she responded with, "I never have to worry about a title commitment holding up my ability to process my loan. When I order title I usually receive it within a day or so. Your company and staff are easily accessible (no voicemail) and the way your company is structured allows me to accomplish the things I need to do in an efficient time frame pertaining to my transaction." We at Ancona Title & Escrow provide a high level of service, communication, rapid response, and a sense of urgency to meet the required time frames throughout the transaction. We understand the responsibility that our customers have to their transaction and the importance of getting it right. Here is just a reminder of the services we provide: No Voice Mail! -During business hours. A direct connect to our internal closers and staff! Fast Turn Times on Title Commitments- Quick and efficient- Many times receipt of title commitments same day! Our team works around your closing schedule! Flexible and convenient. Our technology. Average recording times - 1.5 business days Team oriented Our unique structure. Education & training seminars- helping our customers grow and develop their business. As an industry we are adapting to new changes. The last thing you need to worry about is having your timelines delayed and not getting to closing table on time. Again, that's why we take the variable of title out of your transaction.