Seller Net Sheet
Market Data
My Real Estate Nerds
FETCH by WFG
Updater
Customer Service
Place an order
We’ll get you going in less than 5 minutes
WFG will never send you an email asking you to transfer money.
391 N. Main Street, Suite 100 Corona, CA 92879
Phone:951-893-9840
Fax: 951-893-9850
License #: 2575-9
Office Hours:
• M – F
Closed: Weekends
SSandoval@wfgtitle.comOffice: 951-893-9840
Fax: 951-271-7314
1260 Corona Pointe Court, Suite 304, Corona, CA 92879
Title is a bundle of rights in real property. Protecting purchasers and lenders against loss is accomplished by the issuance of a title insurance policy. Usually, during a purchase transaction the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner’s Policy).
In short, the policy states that if the status of the title to a parcel of real property is other than as represented, and if the insured for that loss and any related legal expenses, up to the face amount of the policy, subject to exceptions and exclusions contained in the policy.
Typically there are two policies issued. The Mortgagee’s Policy insures the lender for the amount of the loan. The Owner’s Policy insures the purchaser for the purchase price.
While the function of most other forms of insurance is risk assumption through the pooling of risks or losses arising out of unforeseen future events (such as sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this goal, title insurers perform an extensive search and examination fo the public records to determine whether there are any adverse claims (title defects) attached to the subject property. Said defects/claims are either eliminated prior to the issuance of a title policy or their existence is excepted from coverage. Your policy is issued after the closing of your new home, for a one-time nominal fee, and is good for as long as you own the property.
Immediately contact your escrow officer and notify them if someone is unable to attend or sign the closing documents for any reason.
An escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes many of the components of a real estate transaction, records the transaction, and ultimately, disburses and distributes funds according to the buyers’, sellers’ and lenders’ instructions. Your transaction is typically closed by an Escrow Officer. People buying and selling real estate usually open an escrow for their protection and convenience. Both the buyer and seller rely on the escrow agent to carry out their written instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out. If the instructions from all parties to an escrow party are clearly drafted, the escrow officer can proceed on behalf of the buyer and seller without further consultation. This saves much time and facilitates the closing of the transaction.
Bring government issued identification card like a driver’s license or passport. Identification, must include a picture and signature for notary purposes. In the event that you are a borrower some lenders require two forms of identification so it is always best to have two forms of identification with you.
No matter what side of the transaction you’re on, the ins and outs of real estate can be stressful. But we knew from the start that WFG could make things easier for everyone. Our company is built on five simple cornerstones to serve you better.
May 31Generative Artificial intelligence (AI), including ChatGPT and Google’s Bard, that generates responses and answers has been an exciting topic in the news and maybe at work for some time. But with an
May 30Did you miss WFG’s Q2 Economic Outlook webinar? Good news! It’s now available for on-demand viewing! Topics of discussion include interest rate forecasts, home equity lending, regional median home
May 23We are excited to announce that Williston Financial Group and Doma Holdings, Inc. have signed and closed an agreement for WFG to acquire certain branches of Doma’s West Coast local retail title operat
May 22It’s not too late! Register and submit your questions today for WFG’s Q2 Economic Outlook webinar on Thursday, May 25th at 10am PT / 1pm ET. Reserve your spot now! #wfgtitle #wfgntic #wfgbuilder
May 17Customer experience is more than just a buzzword. It’s our North Star, which is why we measure it and share the results. Thanks to your feedback, our Q1 NPS® is 87! Because YOU don’t deserve anyt
May 17In 2017, WFG set out to measure customer experience (CX), discovering Net Promoter ScoreSM in the process. What our leadership team loved most about NPS® is that it provides a baseline for comparing
WFG NEWS AND UPDATES
Important Announcement
Williston Financial Group and Doma Holdings, Inc. have signed and closed an agreement for WFG to acquire certain branches of Doma’s West Coast local retail title operations. The sale includes multiple retail title locations and operations centers in the Northern and Central California regions. To read the news release, click button below.
