

The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
10337 GREEN EMBER DR SUMMERLIN, NV 89135
OWNER INFORMATION
OWNER NAME: Janis, Christopher J
VESTING:
MAILING ADDRESS: 1804 Garnet Ave #541 San Diego CA 92109
OWNER STATUS: Non-owner occupied
LOCATION DESCRIPTION
COUNTY: Clark
CENSUS / BLOCK: 005840 / 1024
TSP - RNG - SEC: 21S - 59E - 36
LOT / BLOCK: 1 /
HOUSING TRACT: Summerlin Village 16a Parcel D Jade Ridge
ALT PARCEL #:
SCHOOL DISTRICT: Clark County School District
MUNICIPALITY: Summerlin
PARCEL #: 16436712001
LAST MARKET SALE
DATE: 10/05/2022
SALE PRICE: $2,300,000
DOCUMENT #: 221005002453
DOC TYPE: Deed
SQUARE FOOT $: $695.07
PRIOR SALE
DATE: 10/31/2018
SALE PRICE: $733,090
DOCUMENT #: 181031003697
DOC TYPE: Deed
LENDER:
LENDER: GUARANTEED RATE INC LOAN: $510,125
LOAN: $1,840,000
LOAN TYPE: Conventional
LOAN TERM: 30 Y
LOAN TYPE:
GROSS AREA: 3,309
LIVING AREA:
ABOVE GRADE:
BEDROOMS: 4
BATHROOMS (F/H): 3 / 1
FIREPLACE: 0
YEAR BUILT: 2018
PARKING TYPE: Built in Garage
UNITS: 1
BASEMENT:
GARAGE AREA: 790
ROOF SHAPE:
FOUNDATION: Concrete Slab
ROOF MATERIAL: Concrete Tile
CONSTRUCTIONS:
HEAT TYPE: Forced Air
COOLING TYPE:
EXTERIOR WALL: Frame-Stucco
ROOMS: 7
QUALITY:
INTERIOR WALL:
PORCH TYPE:
PATIO TYPE:
AIR COND: Y
FIXTURES:
FLOOR:
EQUIPMENT:
STORIES: 2
POOL: Y
CONDITION:
LAND USE: Single Family Residential
ZONING: Rural Open Land District
COUNTY USE:
LOT ACRES: 0.2615
STATE USE:
LOT SQ FT: 11,391
LEN / WID:
ASSD YEAR: 2022
ASSD VALUE: $324,341
TAXABLE VAL:
TAX YEAR: 2023
LAND VALUE: $235,000
MKT VALUE: $926,689
TAX AREA: 421
IMP VALUE: $691,123
EXEMPTIONS:
PROPERTY TAX: $8,141.61
IMPROVED %: 75
DISTRICT:
NAME: Batterman Kathy L Es CHARTER SCHOOL: No ADDRESS: 10135 W Quail Ave
STATE, ZIP: Las Vegas, NV 89148
(702)799-1920
SCHOOL: No
NAME: Berkley Shelley Es CHARTER SCHOOL: No
ADDRESS: 9850 Copper Edge Rd
SCHOOL: No CITY, STATE, ZIP: Las Vegas, NV 89148
(702)799-2525
Prekindergarten - 5th Grade
NAME: Bishop Gorman High School
5959 S Hualapai Way
STATE, ZIP: Las Vegas, NV 89148
9th grade - 12th grade
1.06 mile(s)
NAME: Fertitta Victoria Ms CHARTER SCHOOL: No
9905 W Mesa Vista Ave
STATE, ZIP: Las Vegas, NV 89148
SCHOOL: No
1.14 mile(s) GRADES: 6th Grade - 8th Grade
(702)799-1900
ONE: 1-Yes
NAME: Nevada State High School Southwest CHARTER SCHOOL: Yes
ADDRESS: 7885 West Sunset Road Suite 1 MAGNET SCHOOL: No
CITY, STATE, ZIP: Las Vegas, NV 89113
PHONE: (702)953-2600
GRADES: 11th Grade - 12th Grade
AREA DESCRIPTION: 21-Suburb: Large
DISTANCE: 3.11 mile(s)
TITLE ONE: 2-No
NAME: Sierra Vista Hs CHARTER SCHOOL: No
ADDRESS: 8100 W Robindale Rd MAGNET SCHOOL: No
CITY, STATE, ZIP: Las Vegas, NV 89113
PHONE: (702)799-6820
GRADES: 9th Grade - 12th Grade
AREA DESCRIPTION:
DISTANCE: 3 25 mile(s)
TITLE ONE: 1-Yes
www ccsd net
Established in 1956, Clark County School District is the fifth largest school district in the country, educating almost 75 percent of all students in Nevada with more than 320,000 enrolled in Kindergarten through 12th grade. The district encompasses 357 schools and approximately 8,000 square miles in southern Nevada and is a minority-majority-student district.
Children must meet the following minimum age and entrance requirements on or before September 30, 2015, to be admitted to kindergarten, first, or second grade (Nevada Revised Statutes - NRS 392040) ~ OR ~
Kindergarten students must have attained the age of 5 years old by Sept 30 to attend kindergarten
First-grade students must have attained the age of 6 years old and demonstrate proof of completing kindergarten at a public, state-licensed private, state-exempt private, or approved home school program.
Demonstrate proof of completing kindergarten and promotion to first grade while being a resident of another state in compliance with the age and entrance requirements of that state Proof must be verified through a report card issued by the last out-of-state public or private kindergarten
Second-grade students must have attained the age of 7 years old and demonstrate proof of completing kindergarten and first grade at a public, state-licensed private, state exempt private, or approved home school program
Children who have attained the age of 6 and who do not meet the entrance requirements will be placed in kindergarten.
Children who have attained the age of 7 who do not meet the entrance requirements will be assessed to determine if the student is developmentally ready for first or second grade.
Registration Requirements
Proof of Address - One form of proof of address is required A recent utility bill (telephone and cable bills are not acceptable), current mortgage statement, rental receipt, residential lease agreement, or sales contract are acceptable forms of proof of address
Parent/Guardian Personal Identification - A driver’s license, picture identification, and/or passport are acceptable forms of personal identification Permanent and temporary guardians should be prepared to provide proof of guardianship at the time of registration.
Proof of Child’s Identity - An original birth certificate, passport, or certified birth card issued by a health district are acceptable documents for proof of child’s identity.
LAS VEGAS
University of Nevada, Las Vegas
7027748658
Desert Research Institute
7028625400
Wongu University of Oriental Medicine and Acupuncture
7024632122
Euphoria Institute of Beauty Arts & Sciences
7023418111
Brightwood College
702.368.2338
Le Cordon Blue College of Culinary Arts
7023657690
HENDERSON
College of Southern Nevada
7026513000
Nevada State College
702.992.2000
National University
7025317800
Touro University Nevada 7027778687
Roseman University of Health Sciences
702.990.4433
DeVry University
7029339700
International Academy of Design and Technology
8778634111
HENDERSON CONTINUED...
ITT Technical Institute
7025585404
Everest College
702.567.1920
The Art Institute of Las
7023699944
UNIVERSITY OF NEVADA LAS VEGAS
Since our first classes were held on campus in 1957, UNLV has transformed itself from a small branch college into a thriving urban research institution. Along the way, our urban university has become an indispensable resource in one of the country's fastest-growing and most enterprising cities UNLV’s diverse faculty, students, staff, and alumni promote community well-being and individual achievement through education, research, scholarship, creative activities, and clinical services We stimulate economic development and diversification, foster a climate of innovation, promote health, and enrich the cultural vitality of the communities that we serve.
We will evaluate our success as a leading research university by our progress on these key measures:
Impact of our research, scholarship, and creative activities
Student achievement of learning outcomes
Placement into preferred employment or post-graduate educational opportunities. Student, faculty, and staff diversity, including maintaining UNLV’s Minority Serving Institution (MSI) status and Hispanic Serving Institution (HSI) status
Intellectual activity, patents, and entrepreneurial activity fostered by UNLV
Quality and impact of our clinical services
Alignment of our physical infrastructure and organizational effectiveness with our Top Tier mission. A deeper engagement of UNLV with Las Vegas and our region to ensure ongoing alignment with our diverse community’s needs and interests
C O M M U N I T Y
641,903 $53,000 34 50.39% 49.61%
Clark County
HOUSING
56.74% of homes owner occupied
43.26% of homes rented
POPULATION DENSITY
4,222.5 inhabitants per sq. mile
190,724 housing units at an average density of 1,683.3 per square mile
AGE DEMOGRAPHIC
25.9% under age 18
8.8% between ages 18 to 24
32% between ages 25 to 44
21.7% between ages 45 to 64
11.6% above age 65
25th most populous city in the US
A top 3 destination in the US
Incorporated in 1911
2,001 feet elevation
Highest Average Temperature 104.2
Lowest Average Temperature 30
The area was named Las Vegas, which is Spanish for "the meadows", as it featured abundant wild grasses, as well as the desert spring waters needed by westward travelers. Las Vegas was founded as a city in 1905, when 110 acres of land adjacent to the Union Pacific Railroad tracks were auctioned in what would become the downtown area. In 1911, Las Vegas was incorporated as a city. 1931 was a pivotal year for Las Vegas. At that time, Nevada legalized casino gambling and reduced residency requirements for divorce to six weeks. This year also witnessed the beginning of construction on nearby Hoover Dam. The influx of construction workers and their families helped Las Vegas avoid economic calamity during the Great Depression. The construction work was completed in 1935.
Shopping Mall
is totally optional!
Use Updater to:
Forward USPS mail
Reserve a mover online
Update your accounts
Connect utilities
Hook up home services
Search move-in special offers
Share moving announcements with friends & family
For more information on Updater, visit; https://wfgwashington.updater.com/sign-up
Emergency Police/Medical/Fire
911 Poison Control
(800) 222-1222
www.aapcc.org
United States Postal Service
(800) 275-8777
www.usps.com
Cox (702) 383-4000
www.cox.com
CenturyLink
(702) 244-8005
www.centurylink.com
Verizon (800) 483-4100
www.verizon.com
AT&T
(800) 288-2020
www.att.com
Sprint 702.209.0757
www.sprint.com
Dish Network
(800) 318-0572
www.dish.com
DIRECT TV (800) 531-5000
www.directtv.com
Las Vegas Review
(702) 383-0400
www.lvrj.com
Las Vegas Monorail
(702) 699-8200
www.lvmonorail.com
Southwest Gas
(877) 860-6020
www.swgas.com
Nevada Energy (702) 367-5555
www.nvenergy.com
Las Vegas Valley Water District
800.252.2011
www.lvvwd.com
Las Vegas City Sewer Department
702.229.6227
www.lasvegasnevada.gov
Republic Services
(702) 735-5151
www.republicservices.com
Clark County School District
(702) 799-2273
www.ccsd.net
USPS
Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet. https://moversguide.usps.com
Benefits you will receive when you change your address online are:
Exclusive mover savings coupons
Safe and secure with identity verification by a simple $100 charge to your credit or debit card
Email confirmation at the end of registration of your change of address
* Must have valid email address and credit card to register online
Below is the website if you would like to change your address online or you can visit your local DMV office.
Nevada Department of Motor Vehicles
DMV Services
General DMV Information Contact: (775) 684-4830
wwwdmvnvgov/addchangehtm
Las Vegas Area Offices (702) 486-4368
Henderson
Las Vegas - West Flamingo
Las Vegas - North Decatur
Las Vegas - East Sahara
Below is the website if you would like to register online or you can fill out the paperwork provided and mail it back to your County Elections Office listed below
www.nvsos.gov/sosvoterservices/Registration/Step0.aspx
County Elections Office Contacts
Clark County
965 Trade Drive, Suite A, North Las Vegas, NV 89030
P.O. Box 3909, Las Vegas, NV 89127 (702) 455.8683
UTILITIES
Electric
NWNaturalGas
WaterDistrict
SewerDistrict
GarbageProvider
Cable/Satellite
Fuel(Propane)
PhoneServices
Internet
BanksandCreditUnions
CreditCardCompanies (includingdepartmentstorecreditcards)
Lenders
(Mortgage,HomeEquity,Auto,StudentLoans)
InsuranceCompanies
(Health,Renters,Auto,Home,Medical,Dental,Disability,Life)
Retirement
(Pensionplans,401K,SocialSecurity,VeteransAffairs)
Investments(InvestmentAgenciesandBrokers)
OnlineBillPayer
Paypal
USPostOffice
DepartmentofMotorVehicles
(Obtainyourdriver’slicenseandchangevehicleregistration)
IRS
PassportOffice
VeteranAffairs
UnemploymentOffice
(Ifyouarecurrentlyreceivingunemploymentbenefits)
HEALTH
Physician Pharmacies
SERVICE PROVIDER
Childcare
Housecleaning Services
Delivery Services
Lawn Care Services
Veterinarian Pool Service
Health Clubs
Membership Clubs(AAA or similar)
Community Groups (PTA, Neighborhood Associations, Civic Clubs)
Children’s Extracurricular Activities(Dance Classes, Music Lesson, Sports Clubs)
SUBSCRIPTIONS
Newspapers
Magazine(USPS will only forward 2 months)
Movie Subscriptions
Book or Music Clubs
OTHER
Friends and Family
Employers(typically notify the HR Department)
InventorySheets:Createaninventorysheetofallyour belongingswhichneedtobemoved
ResearchMovingOptions:You’llneedtodecideifyoursisa do-it-yourselfmoveorifyou’llbeusingamovingcompany
RequestMovingQuote:Solicitmovingquotesfromasmany movingcompaniesandmoversaspossible Therecanbea largedifferencebetweenratesandserviceswithinmoving companies
DiscardUnnecessaryItems:Movingisagreattimefor riddingyourselfofunnecessaryitems Haveayardsaleor donateunnecessaryitemstocharity
PackingMaterial:Gathermovingboxesandpacking materialforyourmove
ContactInsuranceCompanies:You’llneedtocontactyour insuranceagenttocancel/transferyourinsurancepolicy
YourChangeofAddress:Changeyouraddresswiththe USPS,DMV,FinancialInstitutions,Utilities,Government Offices,HealthCareServiceProviders,Memberships, SubscriptionsandInsuranceProvisions
BankAccounts:Transferorclosebankaccountsifchanging banks Makesuretohaveamoneyorderforpayingthe movingcompany
ServiceAutomobiles:Ifautomobilesaretobedrivenlong distance,you’llwanttohavethemservicedsoyouhavea trouble-freedrive
CancelServices:Notifyanyremainingserviceproviders (newspapers,lawnservices,etc)ofyourmove
TravelItems:Setasideallitemsyou’llneedwhiletraveling
Makesurethesearenotpackedonthemovingtruck
ContactUtilityCompanies:Setutilityturnoffdate,seek refundsanddepositsandnotifythemofyournewaddress
StartPacking:Beginpackingallthingsdestinedforyournew location
ObtainYourMedicalRecords:Contactyourdoctor,physician, dentistandothermedicalspecialistswhomaycurrentlybe retaininganyofyourfamily’smedicalrecords Obtainthese recordsormakeplansforthemtobedeliveredtoyournew medicalfacilitiesifchanging Securityiscriticalofpersonal records
NoteFoodInventoryLevels:Checkyourcupboards, refrigeratorandfreezer Useupasmuchofyourperishable foodaspossible
SmallEngines:Servicesmallenginesforyourmoveby extractinggasandoilfromthemachines Thiswillreduce thatchancetocatchfireduringyourmove
ProtectJewelryandValuables:Transferyourjewelryand valuablestoasafetydepositbox;youdon’twantthemtobe lostorstolenduringyourmove
BorrowedandRentedItems:Returnitemsthatyoumay haveborrowedorrented Collectitemsborrowedtoothers
PlanYourItinerary:Makeplanstospendtheentiredayat thehouseoratleastuntilthemoversareontheirway Someonewillneedtobearoundtomakedecisions Make plansforkidsandpetstobeatasittersfortheday ReviewtheHouse:Oncethehouseisempty,checkthe entirehouse(closets,attic,basement,etc)toensureno itemsareleftornohomeissuesexist
DoubleCheckWithYourMover:Ensurethemoverhasthe newpropertyaddressandallofyourmostrecentcontact information,shouldtheyhaveanyquestionsduringyour move
VacateYourHome:Makesureutilitiesareoff,doorsand windowsarelockedandnotifyyourrealestateagentyou’ve vacatedtheproperty
QuestionsToAsk:Whereisthegaragedooropener?Where arethekeystothehouse,mailboxandotherlockablearea? Didyouretrieveallkeysfromneighborsandfriends?
THE HOME DEPOT (800)466-3337 wwwomedepotcom
LambBlvd 1401SLambBlvd, LasVegas,NV89104
Henderson 1030WSunsetRd, Henderson,NV89014
TropicalPkwy 7881WTropicalPkwy, LasVegas,NV89149
LOWES (800)466-3337 wwwlowescom
PavilionCenter 851SouthPavilionCenterDrive LasVegas,NV89144
WestWashington 7550WestWashington, LasVegas,NV89128
CharlestonBlvd 2875E CharlestonBoulevard, LasVegas,NV89104
DONATION FACILITIES
Goodwill (800)741-0186 locatorgoodwillorg
TheSalvationArmy (800)958-7825
wwwsalvationarmyusaorg
MOVING TRUCK RENTALS
U-Haul (702) 914-6027 wwwuhaulcom
Penske Truck Rental (702) 558-1918
wwwpensketruckrentalcom
STORAGE COMPANIES
Extra Space wwwextraspacecom
Nellis Self Storage www.nellisselfstorage.com
Public Storage wwwpublicstoragecom
TRANSFER STATIONS
Garbage/Recycling Republic Services (702) 735-5151
wwwrepublicservicescom
770 E Sahara Ave Las Vegas, NV 89104
Nevada State Recycle
(702) 979-1280
wwwnevadastaterecyclecom
1816 S Industrial Rd Las Vegas, NV 89102
AIRPORT
McCarran International Airport (702) 261-5211
www.mccarran.com
AUTO & DRIVER REGISTRATION
DMV (702) 486-4368
wwwdmvnvcom
BUS SERVICE
Greyhound (800) 231-2222
wwwgreyhoundcom
RTC (702) 228-7433
wwwrtcsnvcom
CABLE / SATELLITE & INTERNET
Cox (702) 383-4000
wwwcoxcom
CenturyLink (702) 244-8005
wwwcenturylinkcom
CITY CONTACTS
Henderson (702) 267-2323
wwwcityofhendrsoncom
Las Vegas (702) 229-6011
wwwlasvegasnevadaorg
North Las Vegas (702) 633-1000
wwwcityofnorthlasvegascom
COUNTY CONTACTS
Clark County (702) 455-0000
wwwclarkcountynvgov
EDUCATION
Clark County Public Schools (702) 799-5000
www.ccsd.net
College of Southern Nevada (702) 650-2276
wwwcsnedu
University of Nevada (702) 895-3011
wwwunivedu
ELECTRICITY
Nevada Energy (702) 367-5555 (800) 331-3103
www.nvenergy.com
Boulder City (702) 293-9244
www.bcnv.org
GARBAGE
Republic Services (702) 735-5151
wwwrepublicservicescom
HOSPITALS
Valley Hospital Medical Center 702 388-4000
wwwvalleyhospitalnet
Summerlin Hospital Medical Center 702 233-7000
wwwsummerlinhospitalcom
Kindred Hospital Las Vegas 702 871-1418
wwwkindredhealthcarecom
Sunrise Hospital & Medical Center 702 962-5000
www.sunrisehospital.com
HOSPITALS CONTINUED...
University Medical Center 702 383-2000
www.umcsn.com
Mountain View Hospital
7022555000
wwwmountain-viewhospitalcom
Desert Springs Hospital Medical Center 7027338800
www.deserthillshospital.com
North Vista Hospital 7026497711
wwwnorthvistahospitalcom
The Valley Health System 702.388.4888
wwwvalleyhealthsystemlvcom
HealthSouth Rehabilitation Hospital of Las Vegas 7028778898
wwwhealthsouthlasvegascom
Mountain View Pediatrics 702.255.0500
VA Hospital Southern Nevada 7026366323
Dignity Health-St. Rose
Dominican, Rose de Lima Campus 7025642622
wwwdignityhealthorg
Medical Center 7026716800
wwwmedi-calcagov
Boulder City Hospital 7022934111
www.bchcares.org
VA Southeast Primary Care Clinic 7027919030
wwwlasvegasvagov
St Jude's Ranch for Children 7022947100
wwwstjudesranchorg wfgtitlecom/nevada
NATURAL GAS
Southwest Gas (877) 860-6020 www.swgas.com
NEWSPAPERS
Las Vegas Review: Journal (702) 383-0400 wwwlvrjcom
RECREATION
Mt. Charleston Camping wwwrecreationgov
Red Rock Camping www.redrockcanyonlv.org/redroc kcanyon/camping-at-red-rockcanyon/
Clark County Shooting Complex RV Campground wwwclarkcountynvgov/parks/Pa ges/ccsc-rvcampgroundaspx
Nevada Department of Wildlife www.ndow.org/
SEWER
Las Vegas City Sewer Department 702.229.6227
wwwlasvegasnevadagov
SHOPPING
Fashion Show
7023698382 wwwfashionshowcom
Meadows Mall 702.878.3331
wwwmeadowsmallcom
Trivoli Village 7025707400
www.tivolivillagelv.com
SHOPPING CONTINUED...
Las Vegas North Premium 7024747500 www.premiumoutlets.com
The Forum Shops at Caesars 7028934800 wwwsimoncom
The Boulevard Mall 7027357430 wwwboulevardmallcom
The Grand Canal Shoppes 7024144500 wwwgrandcanalshoppescom
Neonopolis 702.232.5539 wwwneonpolislvcom
Wynn Esplanade 8773219966 www.wynnlasvegas.com
STATE PARKS
Old Las Vegas Mormon Fort State Historic Park
Spring Mountain Ranch State Park
Valley of Fire State Park
TELEPHONE SERVICE
Verizon (800) 483-4100 wwwverizoncom
AT&T (800) 288-2020 wwwattcom
Sprint 7022090757 www.sprint.com
VOTER REGISTRATION
Clark County 7024558683
www.clarkcountynv.gov/vote
WATER
Las Vegas Valley water District 8002522011 wwwlvvwdcom
ATTRACTIONS
The Strip - Las Vegas Blvd
Fremont Street Experience wwwvegasexperiencecom
High Roller Ferris Wheel Linq Promenade
Helicopter Tours Skyline Helicopter Tours 7023828687 wwwskylinehelicoptertourscom
Vegas Indoor Skydiving www.vegasindoorskydiving.com
Madame Tussaud’s wwwmadametussaudscom
Las Vegas Motor Speedway wwwlvmscom
Las Vegas Natural History Museum www.lvnhm.org
Atomic Testing Museum 7027945161
Bonnie Springs Old Nevada 7028754191
Hoover Dam
US Highway 93, Boulder City, Nevada wwwusbrgov/lv/hooverdam wfgtitlecom/nevada
g p , g being sent to an outside account and never credited to the intended party
To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:
In the escrow paperwork provided you will be asked to provide written instructions on how you want funds due you sent to you at the close of escrow If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.
For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.
We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience
http://nationalwfgnationaltitlecom/2016/04/05/obsess-cyber-security/
The title insurance companys function is to make sure your rights and interests to the property are clear, that transfer of title takes place efficiently, and correctly, and your interests as a homebuyer are protected. Title insurance companies provide services to buyers, sellers, real estate developers and builders, mortgage lenders, and others who have an interest in the real estate transfer. Title companies issue two types of policies - “Owners Policy” (which covers the homebuyer) and “Lenders Policy” (which covers the bank, savings and loan, or other lending institution over the life of a loan). Both are issued at the time of purchase for a one-time premium.
The title company conducts an extensive search of public records to determine if anyone other than you has an interest in the property before issuing a policy The search may be performed by title company personnel using either public records, or more likely, information gathered, reorganized, and indexed in the company’s title “plant” With such a thorough examination of records, title problems can usually be found and cleared up prior to purchase of the property Once a title policy is issued, if for some reason any claim, which is covered under your title policy, is ever filed against your property, the title company will pay the legal fees involved in defense of your rights as well as any covered loss arising from a valid claim That protection, which is in effect as long as you or your heirs own the property, is yours for a one-time premium paid at the time of purchase.
The title company works to eliminate risks before they develop. This makes title insurance different from other types of insurance. Most forms of insurance assume risks by providing financial protection through a pooling of risks or losses arising from unforeseen events, like fire, theft, or accident. The purpose of title insurance, on the other hand, is to eliminate risks and prevent losses caused by defects in title that happened in the past. Risks are examined and mitigated before property changes hands. Eliminating risk has benefits to both of you, the home buyer, as well as the title company It reduces the chance adverse claims might be raised, and by doing so reduces the number of claims that have to be defended or satisfied This keeps costs down for the title company and your title premiums low With title insurance you are assured that any valid claim against your property will be taken on by the title company, and that the odds of a claim being filed is slim
Why it's important
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 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.
The Seller/Agent
Delivers Purchase Sale Agreement to the escrow agent.
Prepares s the paperwork necessary to close the transaction
The Buyer/Agent
Deposits funds required to close with the escrow agent
Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement
Executes the paperwork and loan documents necessary to close the transaction
The Lender
Deposits loan documents to be executed by the buyer
Deposits the loan proceeds
Directs the escrow agent of the conditions under which the loan funds may be used
The Escrow Agent
Clears Title Obtains title insurance
Obtains payoffs and release documents for underlying loans on the property
Receives funds from the buyer and/or lender. Prepares vesting document affidavit on seller’s behalf
Prorates insurance, taxes, rents, etc
Prepares a final statement (often referred to as the “HUD Statement” or ”Settlement Statement”) for each party, indicating amounts paid in conjunction with the closing of your transaction
Forwards deed to the county for recording
Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties
In Summary
Escrow is the process that assembles and processes many of the components of a real estate transaction. The sale is officially closed when the new deed is recorded and funds are available to the seller, thus transferring ownership from the seller to the buyer
The escrow agent is a neutral third party acting on behalf of the buyer and seller.
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 (either the owner or lender) suffers a loss as a result of a title defect, the insurer will reimburse 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 of the purchase price
How is title insurance different from other types of insurance?
While the function of most other forms of insurance is risk assumption through the pooling of risks for 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 of 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
What’s involved in a title search? A title search is actually made up of three separate searches:
Chain of Title – History of the ownership of the subject property
Tax Search – The tax search reveals the status of the taxes and assessments
Judgment and Name Search – Searches for judgment and liens against the owners’ and purchasers’ names
Once the three searches have been completed, the file is reviewed by an examiner who determines:
Whether or not the Chain of Title shows that the party selling the property has the right to do so
The status of taxes for the subject property The Tax Search will also indicate the existence of any special assessments against the land and whether or not these assessments are current or past due
Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or and purchasers.
Rights established by judgment decrees, unpaid federal income taxes and mechanic liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover defects in title that are of public record, thus allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance
After the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title The buyer, seller and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination
Real Estate Commission
Document preparation fee for Deed
Payoff of all loans in the seller’s name (or existing loan balance if being assumed by Buyer)
Interest accrued to lender being paid off
Statement Fees, Reconveyance Fees, and any prepayment penalties to Payoff Lender
Termite Inspection (according to contract)
Home Warranty (according to contract)
Any judgments, tax liens, etc. against the seller
Tax proration (for any taxes unpaid at time of transfer of title)
Any unpaid Homeowners’ Association dues
Recording charges to clear documents of record against seller
Any bonds or assessments (according to contract)
Any and all delinquent taxes
Notary Fees
Escrow Fee (one half)
Title Insurance Premium of Owner’s Policy
TYPICAL COSTS
Title Insurance Premium for Lender’s Policy
Escrow Fee (one half)
Document preparation (if applicable)
Notary fees
Recording charges for all documents in Buyer’s name
Termite Inspection (according to contract)
Tax proration (from date of acquisition)
Homeowners’ Association transfer fee
HOA proration (from date of acquisition)
All new loan charges (except those required by lender for seller to pay)
Interest on new loan from date of funding to 30 days prior to first payment date
Assumption/Change of Record fees for takeover of existing loan (if applicable)
Beneficiary Statement Fee for assumption of existing loan (if applicable)
Inspection Fees (roofing, property inspection, geological)
Home Warranty (according to contract)
Fire Insurance Premium for first year
Any bonds or assessments (according to contract)
The distinction between personal property and real property can be the source of difficulties in a real estate transaction A purchase contract is normally written to include all real property; that is, all aspects of the property that are fastened down or which are an integral part of the structure For example, this would include light fixtures, drapery rods, attached mirrors, and trees and shrubs in the ground It would not include potted plants, free-standing refrigerators, washer/dryer, microwave, bookcases, lamps, etc. If there is any uncertainty whether an item is included in the sale or not, it is best to be sure that the particular item is mentioned in the purchase agreement as being included or excluded.
DISCLAIMER:Thisflyerisnotintendedtobeanall-inclusivelistoffeesandchargesoneverytransaction,butratheraguidetothemajorcostsofbuyingorselling realproperty WFGwouldbehappytoreviewandexplainyourclosingcostpriortofinalizingthetransactions
A man or woman who is not married An unmarried man/woman A man or woman, who having been married are legally divorced. A married man/woman, as his/her Sole and separate property: when a married man or woman wishes to acquire title as their sole and separate property, the spouse must consent and relinquish all right, title, and interest in the property by signing a disclaimer deed or other written agreement.
Under this form of property ownership, both spouses hold undivided shares of the whole When one spouse dies, the surviving spouse gains ownership of the whole property without the need for probate, and both halves receive a new tax basis equal to the fair market values as of the date of death
Any property acquired during a valid marriage is presumed to be community property Excluded is any property acquired by gift, bequest, devise, descent, or as the separate property of either
Joint and equal interests in land owned by two or more individuals created under a single instrument with right of survivorship
Under tenancy in common, the co-owners own undivided interests; but unlike joint tenancy, these interests need not be equal in quantity and may arise at different times. There is no right of survivorship; each tenant owns an interest, which on his or her death vests in his or her heirs or devisee.
Note: Nevada is a community property state and property that is acquired by a husband and wife is presumed to be community property unless legally specified otherwise Title may be held by one spouse as “Sole and Separate,” if the married person acquires title as sole and separate, and his or her spouse executes a Disclaimer Deed to avoid the presumption of community property Parties may choose to hold title in the name of an entity, eg, a trust, corporation, or a limited liability company (general or limited) Each method of taking title has certain significant legal and tax consequences, therefore, you are encouraged to seek and obtain advice from an attorney or other qualified professional
Giventhecomplexitiesinvolvedinacquiringandholding legaltitletorealproperty,WFGstronglyrecommendsthatyouseeklegaladvicefromanattorneypriortodoingso
Altos Market Report
WFG's My Home
Talking House Tent Cards
CC&R's (if applicable)
The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
REPORT FOR 12/29/2022
Single-Family Homes
This week the median list price for Las Vegas, NV 89135 is $799,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28 Inventory has decreased to 191
This answers “How’s the Market?” by comparing rate of sales versus inventory
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Each segment below represents approximately 25% of the market ordered by price
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent upshift in the Market Action Index before we see prices move from these levels.
In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Three of the four quartiles of this zip code are in the Seller’s Market zone with relatively low amounts of inventory given the current levels of demand. It’s not uncommon that the premium segment of the market takes longer to sell than the rest of the group.
The properties have been on the market for an average of 105 days. Half of the listings have come newly on the market in the past 91 or so days. Watch the 90-day DOM trend for signals of a changing market.
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
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Click Register for MyHome® account on a MyHome® email notification or go directly to https://myhome. wfgtitle.com
Complete a brief registration form. Use your email address on file with WFG, and have your escrow number handy.
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TRANSACTION CLOSED
Notification sent one day after transaction is marked recorded.
Invitation to provide feedback and rate your experience. Sent 3 days after transaction closed.
CLOSE TO SIGNING
Notification is sent five days after Title is cleared.
Notification is sent to both Buyer and Seller.
All notifications include a link that can be used for registration and access to your MyHome® dashboard post registration.
UPDATER INVITATION
Notification is sent after Title Report is completed.
Notification is sent once all title curative items are received and ready for closing.
TITLE REPORT DELIVERED
Notification is sent after Title Report is completed.
MIDPOINT FEEDBACK
Notification is sent 15 days after Title Report is completed.
TRANSACTION STARTED
MyHome ® notifications start triggering to the Client once the order has been opened.
EARNEST MONEY
Notification is sent when earnest money is received by Escrow.
Contact us to schedule a demo or sign up for an account.
We believe these are the correct conditions and restrictions.
However, no examination of title has been made and WFG National Title assumes no liability.
R E S T R I C T I O N S