Great Neighbors Notes September

SEPTEMBER 2020

Thank You! This year, over 1,035 children across North Carolina began school with the supplies they needed to be successful as a result of your commitment to the communities we serve. Our annual backpack drive is just one of the many ways you live out our promise to make great neighbors. You make me proud!

- Tommy Camp

For more resources on serving your clients in the COVID-19 environment, please visit our COVID hub.

Host ed b y Lici Fan sler D irect or of Ed u cat ion & Train in g

LEGAL UPDATES Host ed b y Br yan Sim p son Sen ior Vice Presid en t an d Ch ief Leg al Cou n sel September 1st, 1-2 p.m.

New Construction Contracts ?Exploring types of new construction contracts, financing dynamics, paperwork, protocols and expectations (of builders and clients).

September 15th, 1-2 p.m.

Our BHHS Branded Agency Agreements ?Discussion of Agency (Seller, Buyer, Dual and Designated), how our Exclusive Forms benefit clients and other required paperwork.

COMMON TITLE PROBLEMS

1.

Errors in public records: To err is human, but when it affects your home ownership rights, those mistakes can be devastating.

Clerical or filing errors could affect the deed or survey of your property and cause undue financial strain in order to resolve them.

2.

Forgeries: Unfortunately, we don't live in a completely honest world. Sometimes forged or fabricated documents that affect property ownership are filed within public records, obscuring the rightful ownership of the property. Once these forgeries come to light, your rights to your home may be in jeopardy.

3.

Unknown liens: Prior owners of your property may not have been meticulous bookkeepers - or bill payers. And even though the former debt is not your own, banks or other financing companies can place liens on your property for unpaid debts even after you have closed on the sale. This is an especially worrisome issue with distressed properties.

Š2020 BHH Affiliates, LLC.?An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.Ž?

Equal Housing Opportunity.