Title Review Notifications

/in /by

Each and every commitment/prelim is reviewed by the ARS settlement team prior to being sent to our customers. When our commitment is delivered, there will always be a review in the body of the email.

This review will list very important information about vesting, mortgages, liens, judgments and a list of requirements that are specific to the transaction. By reading these reviews, you will know what items could potentially cause delays, allowing all parties to start working on resolutions right away.

Upcoming Webinars

/in /by
Title Review 101

Wednesday, December 13,  2017 – 10:00am PST/1:00pm EST 

Please join us for our upcoming webinar on Title Review 101. We will discuss the basics of title insurance, title commitments and how to review the reports for important and relevant information that will need to be addressed during the transaction.

Click Here to Register

 

Introduction to Powers of Attorney

Wednesday, December 20,  2017  10:00am PST/1:00pm EST

Reverse mortgages are complex and being prepared is key to a successful closing. Powers of Attorney are very common in the Reverse Mortgage industry. We are happy to share our experience and knowledge with you and together we can make the borrower’s experience a pleasant one. 

 Click Here to Register

Happy Holidays!

/in /by

‘Let Us Know

If the market’s turning frightful
Choose the team that’s most insightful
If you’re wondering where to go
Let us know, Let us know, Let us know

Our expertise is always growing
And it doesn’t show signs of slowing
If you’d like your pipeline to flow
Let us know, Let us know, Let us know

We’ll make sure every step’s done right
From the order and through clear to close
to the day that your borrowers sign
In the comfort of their own home!

If your settlement team is flopping
If you’re tired of partner shopping
And prefer to work with the pros
Let us know, Let us know, Let us know

We’ll get you disbursed on time
We’ve seen it all and we’ll still get it done
Rest assured that you’ve chosen wise
Our operation is second to none

The competition is always trying
But in the end, there’s no denying
If your business is ready to grow
Let us know, Let us know, Let us know!

From our ARS family to yours, we wish you the Happiest of Holidays,

and Thank You for making Allegiant Reverse Services your trusted Title and Settlement partner!

Our office will close at 4 pm on Thursday, December 14th for a company holiday celebration.

Kansas Tax Reduction Notice

/in /by

79-3102. Mortgage registration; fee; exemptions; registered mortgage and note secured, exempt from additional taxation. [See Revisor’s Note] (a) Before any mortgage of real property, or renewal or extension of such a mortgage, is received and filed for record, there shall be paid to the register of deeds of the county in which such property or any part thereof is situated a registration tax of the principal debt or obligation which is secured by such mortgage, which tax shall be computed in accordance with the following schedules. In the event the mortgage states that an amount less than the entire principal debt or obligation will be secured thereby, the registration fee shall be paid on such lesser amount.

(1) For all mortgages of real property, or renewal or extension of such a mortgage, received and filed for record prior to January 1, 2015, the tax shall be 0.26% of the principal debt or obligation which is secured by such mortgage.

(2) For all mortgages of real property, or renewal or extension of such a mortgage, received and filed for record on and after January 1, 2015, but prior to January 1, 2016, the tax shall be 0.2% of the principal debt or obligation which is secured by such mortgage.

(3) For all mortgages of real property, or renewal or extension of such a mortgage, received and filed for record on and after January 1, 2016, but prior to January 1, 2017, the tax shall be 0.15% of the principal debt or obligation which is secured by such mortgage.

(4) For all mortgages of real property, or renewal or extension of such a mortgage, received and filed for record on and after January 1, 2017, but prior to January 1, 2018, the tax shall be 0.1% of the principal debt or obligation which is secured by such mortgage.

(5) For all mortgages of real property, or renewal or extension of such a mortgage, received and filed for record on and after January 1, 2018, but prior to January 1, 2019, the tax shall be 0.05% of the principal debt or obligation which is secured by such mortgage.

For a complete review of the Kansas County Legislative Session please click here.