Introducing StewartNow

What sets StewartNow apart from other property profile tools? Not only will StewartNow provide you with a property profile (including property details, transaction history and sales comparables), but it will also provide you with access to search and download copies of recorded documents (county permitting).

Want to give StewartNow a try? Email Solutions@AllegiantReverse.com to request an account.

2025 ARS Mousepads Coming Soon

Click here to request your mousepad.

 

Out of the Office: A Mission for Cultural Preservation and Appreciation

Where do we go at the end of the day? Some go home to spend time with loved ones, some have passion projects, and some participate in community work. For Adan Gutierrez, our Assistant Vice President, he does all three with Kalpulli Xihuacoatl, an Aztec Dance Group established in 1996. From the Nahuatl language of the Aztecs, Kalpulli means community, Xihua means woman and Coatl means serpent. Their mission is to preserve their culture for future generations by sharing Mexican traditions with the community. Their Founder, Irene Adame, lead with the joy of teaching others and honoring those who came before them.

 

In 2017, Irene passed away from cancer and Adan continues her legacy today as Kalpulli Xihuacoatl’s Captain. Adan joined the group in 2012. He was born in Mexico and was drawn to “the discipline and the respect for tradition and culture.” Now, all five of his children, nieces and nephews are also members of the dance group. Adan says he’s “learned that to reach immortality you must teach” and what he loves most is “when children look at you in awe and ask lots of questions.”

Pictured Above: Adan Gutierrez.

For almost 20 years, Kalpulli Xihuacoatl has hosted a Dia De Los Muertos celebration for the Sacramento community. Dia De Los Muertos is a special ceremony for our deceased loved ones. On this day, the spirits come to enjoy the essence of the food they liked the most, the aroma of the cempohuxochitl or cempasuchil “flowers of the dead”, and the aroma of the copal (tree sap).  Calacas (skeletons) and calaveras (skulls) are prominent symbols of the holiday.  In Mexico, people make offerings to their deceased loved ones at cemeteries on November 1 and 2.  They also set up altars in their homes, called ofrendas, to welcome the souls of the dead back. Traditional foods include pan de muerto, a sweet baked good, as well as spicy dark chocolate and atole, a corn-based drink.  These altars are decorated with bright yellow marigold flowers, photos of the departed, and the favorite foods and drinks of the one being honored. The offerings are believed to encourage visits from the land of the dead as the departed souls hear their prayers, smell their foods, and join in the celebrations! Learn more about Kalpulli Xihuacoatl and their Dia De Los Muertos celebration by visiting their Facebook page. https://www.facebook.com/kalpullixihuacoatl/

Pictured Right: An ofrenda from the Dia De Los Muertos celebration.

Pictured Above: Kalpulli Xihuacoatl with Dolores Huerta, an American labor leader and civil rights activist who, with Cesar Chavez, is a co-founder of the United Farmworkers Association.

Title Tale: Tenancy by the Entirety

Written By: Mylene Marcelo, Title Manager/Title Officer

 

When a couple gets married, the assets owned by the married couple will depend on the different rules of the different states where they live in. There are some states which recognize the concept of tenancy by the entirety and there are some that do not. Tenancy by the entirety or TBE is a type of ownership only available to married spouses.

 

When Harry met Sally and decided to get married in New York, they will have to meet certain conditions for TBE in order to apply to their property. They will have to be married when they acquired the property. They will also need to own and possess the property and will need to have interest equally. Both of their names should be listed on the same deed and must hold title to the property at the same time. These conditions comprise the unities of time, title, interest, possession and marriage and they all must be met before an asset can fall under the dominion of TBE.

 

How does TBE end? It can be by gifting the property to another party, by divorce or by death. In some states like Virginia and Florida, TBE offers debt protection when a spouse dies as long as they were married and never divorced. ARS will normally require an executed Continuous Marriage Affidavit from the surviving spouse and proof of death. The legal document that ARS will accept as proof of death will be an original or certified copy of the death certificate. Not all states will offer TBE protection such as New York, New Jersey and Pennsylvania to name a few.

 

TBE is a large concept that needs to be discussed further, and it is subject to the state’s recognition and specific laws. Since it varies from state to state and every situation is different, it is best to contact our Underwriting staff equipped with the knowledge and experience in dealing with any TBE issues that may arise in your transaction.

September Office Closure

Our offices will be closed Monday, September 2, 2024 in observance of Labor Day.

September Fee Calculator Updates 

We are constantly updating to reflect any increases or decreases in state fees or underwriter changes to ensure you are pulling accurate quotes each time. Our calculator has been updated to  reflect fee  changes in the following state(s):

Arizona
California
North Dakota
Wisconsin

Conveniently get a quote any time, day or night, by simply and accurately inputting the required information and let our interactive fee calculator do the rest. Please call 844-808-8299 or email Solutions@AllegiantReverse.com for further details or for a quote.

 

See you in San Diego!

The biggest and most popular reverse mortgage conference of the year – NRMLA’s Annual Meeting & Expo – will be taking place at the Hard Rock Hotel in San Diego, CA.

Click here for more details about this event.

Allegiant Reverse Services is excited to see you there!

Have you read our Title Tales?

Our Title Tales are written by our title team to provide expertise and insight into hot topics in the title industry. Explore our past Title Tales below.

Title Tale: The Importance of a Boundary Description
Written by: Mylene Marcelo, Title Manager/Title Officer
Click here to read.

Title Tale: Zombie Mortgages
Written by: Kevin Weaver, Underwriting Counsel
Click here to read.

Title Tale: Title Tips for Trusts
Written by: Kevin Weaver, Underwriting Counsel and Mylene Marcelo, Title Manager/Title Officer
Click here to read.

Title Tale: Power of Attorney Scenario
Written by: Mylene Marcelo, Title Manager/Title Officer
Click here to read.

Title Tale: Trusts and Joint Tenancy
Written by: Kevin Weaver, Underwriting Counsel
Click here to read.

 

 

 

 

September Webinar: Introducing StewartNow

StewartNow is a property profile tool that provides property details, transaction history and sales comparable reporting. In addition, it allows you access to pull copies of vesting deeds, DOTs and other documents county permitting.

StewartNow Live Demonstration
Thursday, September 12, 2024
10:00 am PST/1:00 pm EST

Click here to register.

Teamwork Makes the Dreamwork

We are more than a group of employees; we are a team through and through. We jump at the chance to assist one another no matter the task. We take the time to share experience and knowledge. We join hand in hand, escrow teams and departments, to best support our clients and the borrower. We understand that it is together, as a company and team, that we grow and succeed.

Thank you, Lindy and Krystal. We appreciate our partnership and your support during the month-end crunch time!… I’m super thankful for the wonderful partnership with ARS and our Reverse Division here… Thank you all for everything you do to get these loans funded by month’s end.
RM Loan Officer

Thank you, Kelly & team…that is going the 2nd mile. Thanks for the extra time and effort in making this closing happen. We appreciate you and your excellent service.
RM Loan Officer

We have done multiple loans with ARS.  ARS is without a doubt our go to Reverse Mortgage Title/Settlement company.  Thank you, thank you, thank you.
RM Loan Officer

The team is such a pleasure to work with and all so talented! Thank you for checking in, we’ll be closing several more together this year!!  I have ARS set as defaulted title company.
RM Manager