Buying or selling a commercial property is one of the most important financial decisions you can make and should be treated as such. Every transaction is a multifaceted, high-stakes deal that can come with complex title and escrow situations, the type of transaction you want experts working on. Someone who understands how all the components...
When it comes to the intricate world of real estate transactions, one size doesn't fit all. While many title agencies tout their prowess in residential real estate, a distinctive breed of expertise thrives in the commercial sector. At NexGen Title Agency, we're not just another residential agency; we're your strategic partner in the dynamic realm...
Calling all property enthusiasts: today, we’re diving into a topic that’s a game changer in the world of real estate transactions. It may not sound as exciting as scouting out your dream commercial property—but trust us—it should be every property buyer’s top priority. Commercial title insurance coverage. It’s a term that may go over many...
If you have worked in real estate long enough, you have stories. Good stories, horror stories and funny stories. As my husband would say, you have "stories about the stories". With the refi business booming right now, I thought those in the know would appreciate me sharing one of mine. When you work in real...
My title search came in and there were recent deaths in the chain of title where folks had died without a will (intestate). That meant tracking down heirs. Depending on what year you die, part of the Virginia Code dictates succession. In this case there was a child born of a union, prior to the...
Among the new laws that will begin on July 1, 2020, recording fees are also going up. Double check your calculations, the following changes in fees will begin Wednesday! Library of Virginia Fee will be increasing by $2.00. The fee will go from $1.50 to $3.50 (applies to all documents and plats pursuant to VA...
Grab your popcorn...settle in...this blog post is a little longer, but worth it. Drama, intrigue and a fairly happy ending! You hear about it at seminars. You are warned about it by underwriters. You just never think it can happen to you…until it does. You get an email that looks perfectly normal. There are...
When life gives you lemons, you make lemonade…and lemon cake…and lemon bars, because diversification is the key to survival. A company that can adjust and adapt has a better chance of surviving because it can continue to provide what the client needs, even when those needs are changing. We are a title company that specializes...