200 E Cove View Dr, Belfair, WA 98528-7502
APN:12206-31-90082MasonCountyDataasof:09/01/2023
Owner Information
OwnerName:ShinWooC
Vesting:Individual(S)
MailingAddress:3343433rdPlSW,FederalWay,WA98023-2753Occupancy:AbsenteeOwner
Location Information
LegalDescription:Tr8-BOfGovtLot4TrBOfSp#1731County:Mason,WA APN:12206-31-90082AlternateAPN:CensusTract/Block:960400/5003
Munic/Twnshp:Twnshp-Rng-Sec:22-01-06LegalLot/Block:4/ Subdivision:Ss1731Tract#:8-B,BLegalBook/Page: Neighborhood:SchoolDistrict:NorthMasonSchoolDistrict ElementarySchool:BelfairElementary...MiddleSchool:HawkinsMiddleSch...HighSchool:NorthMasonSenior... Latitude:47.42384Longitude:-122.85782
Last Transfer / Conveyance - Current Owner
Transfer/RecDate:01/11/2021/01/11/2021Price:TransferDoc#:2147950
BuyerName:ShinWooCSellerName:YinMingHuiDeedType:QuitClaimDeed
Last Market Sale
Sale/RecDate:11/24/2020/11/25/2020SalePrice/Type:$65,000/DeedType:GeneralWarrantyDeed Multi/SplitSale:YPrice/Sq.Ft.:NewConstruction:N
1stMtgAmt/Type:1stMtgRate/Type:1stMtgDoc#:N/A
2ndMtgAmt/Type:2ndMtgRate/Type:SaleDoc#:2144733
SellerName:FiveStarInvestmentGroupLLC
Lender:TitleCompany:OlympicTitleAnd...
Prior Sale Information
Sale/RecDate:03/07/2007/03/29/2007SalePrice/Type:$10,000/PriorDeedType:WarrantyDeed 1stMtgAmt/Type:1stMtgRate/Type:PriorSaleDoc#:1892634
PriorLender:
Property Characteristics
GrossLivingArea:TotalRooms:0YearBuilt/Eff:
LivingArea:Bedrooms:Stories:
TotalAdj.Area:Baths(F/H):ParkingType:
AboveGrade:Pool:Garage#:
BasementArea:Fireplace:GarageArea:
Style:Cooling:PorchType:
Foundation:Heating:PatioType:
Quality:ExteriorWall:RoofType:
Condition:ConstructionType:RoofMaterial:
Site Information
LandUse:VacantLand(NEC)LotArea:69,696Sq.Ft.Zoning:
StateUse:LotWidth/Depth:#ofBuildings:1
CountyUse:91-Undeveloped-LandUsableLot:Res/CommUnits:
SiteInfluence:WetlandAcres:1.6Water/SewerType:
FloodZoneCode:XFloodMap#:53045C0340EFloodMapDate:06/20/2019
CommunityName:MasonCountyFloodPanel#:0340EInsideSFHA:False
Tax Information
AssessedYear:2023AssessedValue:$52,825MarketTotalValue:$52,825
TaxYear:2022LandValue:$47,660MarketLandValue:$47,660
TaxArea:0271ImprovementValue:$5,165MarketImprvValue:$5,165
PropertyTax:$136.14Improved%:9.78%MarketImprv%:9.78%
Exemption:DelinquentYear:
ESCROW CONTACT: (Once contract is fully executed and sent to escrow.)
Jody.Marchand@stewart.com
TeamJody@stewart.com
stewart.com/en/markets/puget-sound/offices/renton.html
Q: What is title insurance?
A: An opinion of the condition of title to real property, backed by an Insurance policy.
Q: Why do I need title insurance?
A: When you buy a home, or a property for that matter, you expect to enjoy certain benefits from ownership. For example, you expect to be able to occupy and use the property as you wish, to be free from debts or obligations not created or agreed to by you, and to be able to freely sell or pledge your property as security for a loan. Title insurance is designed to cover these rights.
Q: What if I have a problem? Do I have to lose my property to make a claim?
A: Not at all. At the mere hint of a claim adverse to your title, you should contact your title insurer who issued you policy. Title insurance includes coverage for legal expenses which may be necessary to investigate, litigate or settle an adverse claim.
Q: What does this cost?
A: The cost varies, depending mainly on the value of your property. The important thing to remember is that you only pay once, and then the coverage continues in effect for so long as you have an interest in the covered property. If you should die, the coverage automatically continues for the benefit of your heirs. If you sell your property, giving warranties of title to your buyer, your coverage continues. Likewise, if a buyer gives you a mortgage to finance a purchase of covered property from you, your coverage continues to protect your security interest in the property.
Q: If my lender gets title insurance for its mortgage, why do I also need a policy?
A: The lender’s policy covers only the amount of its loan, which is usually not the full property value. In the event of an adverse claim, the lender ordinarily wouldn’t be concerned unless its loan became non-performing and the claim threatened the lender’s ability to foreclose and recover its principal and interest. And, in the event of a claim there is no provision for payment of legal expenses for an uninsured party.
The Title Company begins the process of preparing a preliminary report once they have received an order for title services. Our search experts assemble various public records relating to both the property being purchased and the people involved in the transaction.
After examining the information gathered, an examiner prepares the preliminary report, which shows
current ownership of that specific parcel of land any liens and encumbrances the title company will not cover under the subsequent title policy.
The preliminary report gives the conditions for The Title Company to issue a particular type of policy. It lists title defects, liens and encumbrances that would not be covered if the title policy were issued as of the date of the report. The preliminary report provides an opportunity to request that actions be taken to remove the objectionable items listed in the report.
If the objectionable items are not eliminated or released prior to the closing and transfer of title, they will be listed as exceptions on the final policy, meaning they will not be covered. For example, the seller could be required to pay a contractor who placed a lien on the property so that the lien would be removed.
No. The preliminary report provides the statement of the conditions needing to be addressed in order for a title policy to be issued. The preliminary report offers no representation of the condition of the property’s title. It does not create a contract of liability, which means it provides no protection to the recipient. An actual title policy must be issued in order to provide protection and prevent parties other than the policy recipient from claiming the benefit of owning the property.
(continued on next page)
What key points should one look for in a preliminary report?
You will want to pay particular attention to:
the extent of ownership rights, including any possible ownership interest on the part of parties other than the seller items listed as being excluded from coverage, including liens, restrictions and interest of others (listed numerically as exceptions) interest of third parties. For example, easements limiting use of the property granted by a prior owner.
A list of standard exceptions and exclusions of items not covered by your title policy may be attached to your report; if so, you should review this as well.
Who can best explain a preliminary report?
Your title agent, your real estate agent or, should you have one, your attorney can help explain the specifics of your preliminary report. Don’t hesitate to ask any one of them to discuss the report with you.
Does the preliminary report contain the complete condition of the property’s title?
It does not. The preliminary report is merely an offer to insure upon the terms and conditions stated therein. It details matters that the title company would exclude from coverage were they to issue a policy at a later date.
Agent for Old Republic National Title Insurance Company
Call/email your title questions to:
930 W. Railroad, Shelton, WA 98584 (360)426-8288 Fax: (360)426-2009
Title Dept.: masontitledept@landtitleco.net
Recording Desk: recordingshelton@landtitleco.net
Please Remit Payments To: PO Box 2737, Silverdale, WA 98383
Our File No.: Q2023-216432
Seller Name: WOO C SHIN
Buyer Name: TO BE DETERMINED
Address Reference: 200 E Cove View Dr, Belfair, WA 98528
Contacts:
Stewart Title
Attn: Jody Marchand
Phone No.: (206)770-1306
Better Properties NW
Attn: Normajean Jacobs
Phone No.: (253)528-2222
981 Powell Avenue SW, Ste. 100 Renton, WA 98057
33710 9th Avenue S., Ste. 4 Federal Way, WA 98003
Q2023-216432
Old Republic National Title Insurance Company, a Minnesota corporation (“Company”), for a valuable consideration, commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the Proposed Insured named in Schedule A, as owner or mortgagee of the estate or interest in the land described or referred to in Schedule A, upon payment of the premiums and charges and compliance with the Requirements; all subject to the provisions of Schedules A and B and to the Conditions of this Commitment.
This Commitment shall be effective only when the identity of the Proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A by the Company.
All liability and obligation under this Commitment shall cease and terminate one-hundred-eighty (180) days after the Effective Date or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue the policy or policies is not the fault of the Company.
The Company will provide a sample of the policy form upon request.
IN WITNESS WHEREOF, Old Republic National Title Insurance Company has caused its corporate name and seal to be affixed by its duly authorized officers on the date shown in Schedule A.
This Commitment shall not be valid or binding until countersigned by a validating officer or authorized signatory.
Land Title Company of Mason County
930 W. Railroad, Shelton, WA 98584
Copyright 2006-2009 American Land Title Association. All rights reserved.
IMPORTANT - READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT.
THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED.
THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON.
Subject to the Notice; Schedule B, Part I - Requirements; Schedule B, Part II - Exceptions; and the Commitment Conditions, Old Republic National Title Insurance Company, a(n) Minnesota corporation (the "Company"), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured.
If all of the Schedule B, Part I - Requirements have not been met within one-hundred-eighty (180) days after the Commitment Date, this Commitment terminates and the Company’s liability and obligation end.
1. DEFINITIONS
(a) "Knowledge" or "Known": Actual or imputed knowledge, but not constructive notice imparted by the Public Records.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
(b) "Land": The land described in Schedule A and affixed improvements that by law constitute real property. The term "Land" does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy.
(c) "Mortgage": A mortgage, deed of trust, or other security instrument, including one evidenced by electronic means authorized by law.
(d) "Policy": Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment.
(e) "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment.
(f) "Proposed Policy Amount": Each dollar amount specified in Schedule A as the Proposed Policy Amount of each Policy to be issued pursuant to this Commitment.
(g) "Public Records": Records established under state statutes at the Commitment Date for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge.
(h) "Title": The estate or interest described in Schedule A.
2. If all of the Schedule B, Part I - Requirements have not been met within the time period specified in the Commitment to Issue Policy, this Commitment terminates and the Company’s liability and obligation end.
3. The Company’s liability and obligation is limited by and this Commitment is not valid without:
(a) the Notice;
(b) the Commitment to Issue Policy;
(c) the Commitment Conditions;
(d) Schedule A;
(e) Schedule B, Part I—Requirements; [and]
(f) Schedule B, Part II—Exceptions[; and
(g) a counter-signature by the Company or its issuing agent that may be in electronic form].
4. COMPANY’S RIGHT TO AMEND
The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company shall not be liable for any other amendment to this Commitment.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
(a) The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured’s good faith reliance to:
(i) comply with the Schedule B, Part I - Requirements;
(ii) eliminate, with the Company’s written consent, any Schedule B, Part II - Exceptions; or
(iii) acquire the Title or create the Mortgage covered by this Commitment.
(b) The Company shall not be liable under Commitment Condition 5(a) if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing.
(c) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured.
(d) The Company’s liability shall not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and described in Commitment Conditions 5(a)(i) through 5(a)(iii) or the Proposed Policy Amount.
(e) The Company shall not be liable for the content of the Transaction Identification Data, if any.
(f) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I - Requirements have been met to the satisfaction of the Company.
(g) In any event, the Company’s liability is limited by the terms and provisions of the Policy.
(a) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.
(b) Any claim must be based in contract and must be restricted solely to the terms and provisions of this Commitment.
(c) Until the Policy is issued, this Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment.
(d) The deletion or modification of any Schedule B, Part II - Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy.
(e) Any amendment or endorsement to this Commitment must be in writing [and authenticated by a person authorized by the Company].
(f) When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will be under the Policy.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company’s agent for the purpose of providing closing or settlement services.
The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure.
The Policy contains an arbitration clause. All arbitrable matters when the Proposed Policy Amount is $2,000,000 or less shall be arbitrated at the option of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at http://www.alta.org/arbitration.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
Transaction Identification Data for reference only:
Issuing Office: Land Title Company of Mason County / WAOIC#23082 / Q2023-216432
Underwriter: Old Republic National Title Insurance Company / NAIC#50520
Escrow Office: Stewart Title
Property Address: 200 E Cove View Dr, Belfair, WA 98528
1. Commitment Date: September 13, 2023 at 8:00 AM
2. Policy to be issued:
a. ALTA Owner's Policy (6/17/2006) Standard
Proposed Insured: NORMAJEAN JACOBS, and/or assigns (SEE REQUIREMENTS)
3. The estate or interest in the Land described or referred to in this Commitment is: A Fee as to Parcel 1; an Easement as to Parcel 2
4. Title to the estate or interest in the Land is at the Commitment Date vested in: WOO C. SHIN, as his separate property
5. The Land is described as follows:
SEE EXHIBIT A ATTACHED HERETO
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment for Title Insurance (08-01-16)
Schedule A
Q2023-216432
Transaction Identification Data for reference only:
Issuing Office: Land Title Company of Mason County / Q2023-216432
Escrow Office: Stewart Title
Property Address: 200 E Cove View Dr, Belfair, WA 98528
APN(s) located on Assessor's Map: 12206-31-90082
The Land is described as follows:
Parcel 1:
Lot B of Short Plat No. 1731, recorded September 29, 1987, under Auditor's File No. 472644, being a portion of Government Lot 4 of Section 6, Township 22 North, Range 1 West, W.M., in Mason County, Washington.
Parcel 2
An easement for ingress, egress and utilities over, under and across a strip of land as described and delineated in Short Plat No. 1731, recorded September 29, 1987, under Auditor's File No. 472644, being a portion of Government Lot 4 of Section 6, Township 22 North, Range 1 West, W.M., in Mason County, Washington.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment for Title Insurance (08-01-16)
Exhibit A
Q2023-216432
Transaction Identification Data for reference only:
Issuing Office: Land Title Company of Mason County / Q2023-216432
Escrow Office: Stewart Title
Property Address: 200 E Cove View Dr, Belfair, WA 98528
All of the following Requirements must be met:
1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions.
2. Pay the agreed amount for the estate or interest to be insured.
3. Pay the premiums, fees, and charges for the Policy to the Company.
4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records.
5. Additional requirements and/or exceptions may be added as details of the transaction are disclosed to, or become known by the Company.
6. The legal description in this commitment is based on the information provided with the application and the public records as defined in the policy to issue. The parties to the forthcoming transaction must notify the title insurance company prior to closing if the description does not conform to their expectations.
7. Notice: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, the Company is not able to close or insure any transaction involving Land that is associated with these activities.
8. The names of the proposed insured were not furnished in the application for title insurance, and when disclosed will be subject to such matters as may be found by a search of the records against said names.
9. In the event that the property described herein is occupied by a married person and spouse, or domestic partners as a homestead, the conveyance or encumbrance of the property must be executed by both husband and wife or both domestic partners, pursuant to RCW 6.13 which now provides for an automatic homestead on such property.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment for Title Insurance (08-01-16) Schedule B
Q2023-216432
10. The Proposed Policy Amount(s) must be increased to the full value of the estate or interest being insured, and any additional premium must be paid. An Owner's policy should reflect an amount at least equal to the full value of the estate insured without deduction of encumbrances. A Loan policy shall be issued in an amount equal to the amount of the loan unless there is additional collateral reducing the need for coverage. Proposed Policy Amount(s) will be revised and premiums charged consistent therewith when the final amounts are approved.
The following matters will not be listed as Special Exceptions in Schedule B of the forthcoming policy to issue, and there will be no coverage for loss by these matters because they are excluded from coverage by the terms of the policy.
NOTE: In the event there is no activity on this file within six (6) months from the effective date, the cancellation fee may be billed.
NOTE: Notwithstanding anything to the contrary in this Commitment, if the policy to be issued is other than an ALTA Owner's Policy (6/17/06) or ALTA Loan Policy (6/17/06), the policy may not contain an arbitration clause, or the terms of the arbitration clause may be different from those set forth in this Commitment. If the policy does contain an arbitration clause, and the Amount of Insurance is less than the amount, if any, set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties.
a. NOTE: The following address(es) will appear on our ALTA 22-06 Endorsement, if applicable:
200 E Cove View Dr Belfair, WA 98528
b. NOTE: The following information will be required on the first page of all recorded documents per RCW 36.18 AND 65.04 - Document Standardization:
Brief Legal: PTN GL 4, 6-22N-1W (Lot B SP 1731) Tax Account No(s).: 12206-31-90082
c. NOTE: A Survey recorded under Auditor's File No. 2200937
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
d. NOTE: General taxes for 2023, which have been paid:
Amount: $420.05
Tax Account No.: 12206-31-90082
Affects: said premises
Land Value: $47,660.00
Improvement Value: $5,165.00
Total Assessed Value: $52,825.00
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment for Title Insurance (08-01-16)
Schedule B
Q2023-216432
THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FEDERAL LAW BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN.
The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company:
A. Rights or claims of parties in possession, or claiming possession, not shown by the Public Records.
B. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land.
C. Easements, prescriptive rights, rights-of-way, liens or encumbrances, or claims thereof, not shown by the Public Records.
D. Any lien, or right to a lien, for contributions to employee benefit funds, or for state workers' compensation, or for services, labor, or material heretofore or hereafter furnished, all as imposed by law, and not shown by the Public Records.
E. Taxes or special assessments which are not yet payable or which are not shown as existing lien by the Public Records.
F. Any lien for service, installation, connection, maintenance, tap, capacity or construction or similar charges for sewer, water, electricity, natural gas or other utilities, or for garbage collection and disposal not shown by the Public Record.
G. Unpatented mining claims, and all rights relating thereto.
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
I. Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes.
J. Water rights, claims, or title to water.
K. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the Public Records, or attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment.
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment for Title Insurance (08-01-16)
Schedule B
Q2023-216432
1. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I - Requirements are met.
2. Exceptions and Reservations as contained in Deed:
From: Pope & Talbot, Inc.
Recorded: November 29, 1951
Auditor's File No.: 142393 (Volume 141 of Deeds, page 410)
Records of: Mason County, Washington
Excepting and reserving unto said Grantor, their heirs and assigns, the sole and exclusive right and liberty at all times thereafter, the right and title to all oils, gases, coal, ores, minerals, fossils, etc., and the right of entry for opening, developing and working mines, etc., provided that no rights shall be exercised until provision has been made for full payment of all damages sustained by reason of such entry.
NOTE: The present ownership of said interests and matters affecting said interests are not shown herein.
3. Easement, including its terms, covenants and provisions as disclosed by instrument:
Recorded: September 17, 1968
Auditor's File No.: 237577
For: road purposes
Affects: 60 foot portion of said premises
4. Easement, including its terms, covenants and provisions as disclosed by instrument:
Recorded: May 17, 1978
Auditor's File No.: 344431
For: ingress, egress and utilities
Affects: East 20 feet
5. Easement, including its terms, covenants and provisions as disclosed by instrument:
Recorded: September 28, 1979
Auditor's File No.: 367602
For: ingress, egress and utilities
Affects: East 20 feet
6. Covenants, conditions, restrictions, recitals, disclaimers, notices, agreements and/or easements as contained in Short Plat No. 1731:
Recorded: September 29, 1987
Auditor's File No.: 472644
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment for Title Insurance (08-01-16)
Schedule B
Q2023-216432
7. Agreement, including its terms, covenants and provisions: Recorded: November 14, 1995
Auditor's File No.: 617256
For: Development
8. Declaration of Covenant for On-Site Sewage Attenuation Zone recorded June 13, 2022 under Auditor's File No. 2183007
9. Easement affecting a portion of said premises and for the purposes hereinafter stated, as granted by instrument recorded June 30, 2022, in the office of the Auditor for Mason County, Washington under Auditor's File No. 2183975 in favor of Public Utility District No. 3 for underground and/or overhead transmission and electric lines and appurtenances thereto.
10. Declaration of Covenant for On-Site Sewage Attenuation Zone recorded August 4, 2022 under Auditor's File No. 2185719.
11. No open Mortgages appear of record. Any potential liens known to the Seller, Owner or Proposed Insured, including, but not limited to those that appear on a credit report, must be paid in full or will appear as exceptions to the final title policy.
12. Liens of real estate excise sales tax upon any sale of said premises, if unpaid.
NOTE: As of January 1, 2020, Washington's state excise tax rate became graduated
Please visit their site (https://dor.wa.gov/reet) for a calculator and additional information.
AH/bw
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part IRequirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Copyright 2006 - 2016 American Land Title Association. All rights reserved.
The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment for Title Insurance (08-01-16) Schedule B
Q2023-216432
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
Social Security number and employment information
What?
Mortgage rates and payments and account balances
Checking account information and wire transfer instructions
When you are no longer our customer, we continue to share your information as described in this notice.
How?
All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Old Republic Title chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information Does
For our everyday business purposes - such as to process your transactions, maintain your account(s), or respond to court orders and legal investigations, or report to credit bureaus
to offer our products
Who we are
Who is providing this notice? Companies with an Old Republic Title name and other affiliates. Please see below for a list of affiliates.
What we do
How does Old Republic Title protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. For more information, visit https://www.oldrepublictitle.com/privacy-policy.
How does Old Republic Title collect my personal information?
We collect your personal information, for example, when you:
Give us your contact information or show your driver's license
Show your government-issued ID or provide your mortgage information
Make a wire transfer
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can't I limit all sharing? Federal law gives you the right to limit only:
Sharing for affiliates' everyday business purposes - information about your creditworthiness
Affiliates from using your information to market to you
Sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing. See the State Privacy Rights section location at https://www.oldrepublictitle.com/privacy-policy for your rights under state law..
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
Our affiliates include companies with an Old Republic Title name, and financial companies such as Attorneys' Title Fund Services, LLC, Lex Terrae National Title Services, Inc., and Mississippi Valley Title Services Company.
Non-affiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
Old Republic Title does not share with non-affiliates so they can market to you
Joint marketing
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
Old Republic Title doesn't jointly market.
American First Title and Trust Company
Genesis Abstract, LLC
Lex Terrae National Title Services, Inc.
American Guaranty Title Insurance Company
Guardian Consumer Services, Inc.
Lex Terrae, Ltd.
Attorneys' Title Fund Services, LLC
Compass Abstract, Inc. eRecording Partners Network, LLC
Old Republic Diversified Services, Inc.
Old Republic Escrow of Vancouver, Inc.
iMarc, Inc.
Mississippi Valley Title Services Company
Old Republic Exchange Company
L.T. Service Corp Lenders Inspection Company
National Title Agent's Services Company
Old Republic National Ancillary Services, Inc.
Old Republic Branch Information Services, Inc.
Old Republic Title and Escrow of Hawaii, Ltd.
Old Republic National Title Insurance Company
Old Republic Title Company of Nevada
Old Republic Title Information Concepts
Old Republic Title Company
Old Republic Title Company of Oklahoma
Old Republic Title Insurance Agency, Inc.
Sentry Abstract Company Surety Title Agency, Inc.
Old Republic Title Companies, Inc.
Old Republic Title Company of Oregon
Old Republic Title, Ltd.
Trident Land Transfer Company, LLC
Old Republic Title Company of Conroe
Old Republic Title Company of St. Louis
RamQuest Software, Inc.
Old Republic Title Company of Indiana
Old Republic Title Company of Tennessee
Republic Abstract and Settlement , LLC
AUDITOR: Monday - Friday, walk-ins and eRecording, 9:00am - 4:00pm, eRecording cut-off at 3:45pm
TREASURER: Monday - Friday, walk-ins and eRecording, 9:00am - 4:00pm, eRecording cut-off at 3:15pm
Mason County Auditor Recording Fees
Effective: July 26, 2021
Document: Real Estate and Miscellaneous - First Page
$203.50
Each Additional Page $1.00
Document: Deed of Trust - First Page
$204.50
Each Additional Page $1.00
Please visit the Mason County Auditor's Home Page for more information regarding requirements and fees: www.co.mason.wa.us
New Year's Day (observed)
Martin Luther King, Jr. Day
President's Day
Memorial Day
Juneteenth Day (observed)
Independence Day
Labor Day
Columbus Day - OPEN * see below
Veterans Day
Thanksgiving Day
Day After Thanksgiving - CLOSED ** see below
Christmas Day
January 2, 2023
January 16, 2023
February 20, 2023
May 29, 2023
June 19, 2023
July 4, 2023
September 4, 2023
October 9, 2023
November 10, 2023
November 23, 2023
November 24, 2023
December 25, 2023
*Columbus Day Land Title AND Kitsap/Mason County Courthouses OPEN regular hours
**Day After Thanksgiving Land Title AND Kitsap/Mason County Courthouses CLOSED
Prior to closing, please provide us with your choice for homeowners insurance and your insurance agent’s name and phone number.
Check to see if your state requires certified funds at closing. If so, your closing cost must be in the form of a cashier’s check, certified check or wired funds.
If you wish to wire your closing cost from your account directly to Stewart Title’s escrow account, please inform us prior to the closing, so that we may assist you in making the arrangements.
Before sending any money electronically, verify all wiring instructions with your agent by phone. Don’t rely on emails or other forms of communications. Know that Stewart uses CertifID to protect against wire fraud.
Don’t forget to bring your driver’s license or other U.S. issued form of official picture ID to closing.
If you wish to examine your loan documents prior to closing, please request that the mortgage company provide them to the title company at least one day early.
All bills for inspections, repairs or other items to be paid at closing must be provided to us prior to closing.
If you will not be present at closing to sign documents and intend to use a power of attorney, you must provide the original power of
for approval and recording of the document. (The lender will also need to approve the power of attorney.) On the day of closing, we will need to contact you and verify that you have not revoked the power of attorney.
If you are unable to attend the closing and will sign the papers by overnight mail, please provide Stewart Title with the forwarding address, including ZIP code. Also, please provide us with a contact number in case we need to reach you. You will need to sign the papers in front of a notary. Some states can arrange for a mobile notary. We will provide you with a return overnight mail packet. Please send the signed and notarized closing papers back to us the same day you receive them.
1. Purchase Agreement is provided to escrow and reviewed by the escrow team.
2. Buyer’s deposit is received. Preliminary report/ title commitment is requested.
3. Preliminary report/title commitment is received, reviewed and distributed.
4. Escrow instructions and documents are prepared and distributed as per local practice.
5. Information and signatures from principal(s) are requested. This includes payoff of underlying loans and Statements of Information from sellers.
6. Demand(s) are requested and received.
7. Data entries are made for payoffs, commissions, etc.
8. If financing is involved, loan approval is received, and loan documents arrive from the lender.
9. Escrow prepares estimated closing statements for buyer and seller review and approval, together with seller’s CD, if required.
10. Buyer’s signing appointment is scheduled, documents are prepped for signing. Escrow paperwork is added. Appointment with seller is made, if required.
11. Funds are requested and received from buyer and seller, if required. Upon receipt of buyer and seller funds as may be required, loan funds are requested from lender.
12. Upon receipt of all funds required to close, recordable documents are forwarded to county recorder’s office with authorization to record.
13. Disbursements are made and closing packages are released.
So, you’ve decided to buy a home. Congratulations. However, making the decision to purchase is just the first of many steps. To help you better understand the homebuying process, we’ve listed everything that happens between the time you decide to buy a home and when it’s time to move in.
Whether it’s your first home or one of many, this is an exciting time, and you can always count on Stewart Title to be here to assist you with your real
no matter what stage you are in on your home
There’s a lot that happens between the time a buyer finds a house and the day they own it. To help you better understand what happens after the Sold sign is posted, we’ve listed the seven basic steps of transferring a land title.
1
Earnest Money
An escrow contract (an agreement to close) starts the process.
2
Title Search Copies of documents (surveys, deeds, encroachments, restrictions, assessments, liens, wills, divorce settlements, etc.) are gathered from various public records.
3
Examination
Legal owner, debts owed and encumbrances on the land are verified.
4
Nonpublic Record Check Taxes, assessments, liens, bills and other nonpublic information are reviewed.
5
Document Preparation
Forms are prepared for settlement and transfer of title.
6
Settlement or Closing
7
Recording of Legal Documents
Please contact me for more information.
Either an escrow officer or a closer will oversee the closing of the transaction. Seller signs the deed; buyer signs note and new mortgage. Old loan is paid off; new loan is recorded. Seller, real estate agents, attorneys, title company and others are paid. Owner’s and lender’s policies are issued.
Documents are recorded with the county to show transfer of ownership.
In Washington, the Stewart Title escrow staff is ready to consistently provide you and your customers with the best closing experience possible. For a speedy transaction, we recommend following the six steps below to ensure a successful escrow process.
Step One
Recommend Stewart Title for your customers’ title insurance and escrow settlement. Ask for their escrow or title reference number to use for all future communications.
Step Two
Read and understand the preliminary report. If there is an item you don’t understand, contact your escrow or title officer.
Step Three
Inform your escrow officer if any changes occur. All changes should be noted in writing. Remember, escrow only acts on mutual instructions except with rare exceptions.
Step Four
It’s important to understand the fiscal tax year, debits, credits, prepaid interest, impounds, due dates and delinquent dates in order to ensure that this information will be easily understood by your client. Familiarize yourself with normal buyer and seller closing costs.
Step Five
Check each signature for accuracy. Review purchase agreement to ensure it is complete and includes buyers’, sellers’, and agents’ phone numbers and email addresses. Make sure all of the required documents are signed and notarized when applicable.
Step Six
Double-check all papers and documents before returning them to your escrow officer for verification.
PUGET SOUND AREA:
The Puget Sound Region is full of dynamic and cosmopolitan cities framed by inspirational lakes, pristine ocean bays and rugged mountains. It is a virtual smorgasbord of possibility, from recreational opportunities in unrivaled natural settings to urban delights in the arts and culture offered in world-class museums, theatres and other venues. An area rich in history, from the Northwest Native American cultures and Alaska Yukon gold rush days, to Seattle’s iconic Space Needle and corporate giants in aviation and the dot-com. Whether you’re looking for fun, excitement, education or romance, this region offers an unrivaled choice of diverse activities.
Experience Washington is the official travel and tourism website for the state. Visit their site to discover and plan things to do in all regions of Washington. You can also contact them at 1-800-544-1800. www.experiencewa.com
For a listing of suggested attractions, coupons and other visitor’s resources check out: The Puget Sound Attractions Council website at: www.seattleattractions.com
Arts, Culture, Heritage
Gaming
Golf Courses
Wineries
Outdoor Activities
Live Performances
Skiing
Breweries/Spirits
Family Fun
Zoos/Aquariums
Sports Teams
Natural Scenic Byways
The GoNorthwest Online Travel Guide offers a listing by Puget Sound City of attractions, accommodations, visitors information, activities and more. It can be found at: www.gonorthwest.com
About the Wine Industry in Washington
Winemakers from all over the world have chosen to establish themselves in Washington, where they can create wines reflecting this region's unique characteristics.
National rank: 2nd largest premium wine producer in the United States
Number of wineries: Number of wine grape growers: 850+ 350+
Appellations:
Thirteen American Viticultural Areas (AVAs), as recognized and defined by the US Treasury Department; Alcohol & Tobacco Taxes & Trade Bureau
1. Yakima Valley - 1983
2. Walla Walla Valley - 1984
3. Columbia Valley - 1984
4. Puget Sound - 1995
5. Red Mountain - 2001
6. Columbia Gorge - 2004
8. Wahluke Slope - 2006
9. Rattlesnake Hills - 2006
10. Snipes Mountain - 2009
11. Lake Chelan - 2009
12. Naches Heights - 2011
13. Ancient Lakes of
7. Horse Heaven Hills - 2005 Columbia Valley - 2012
Visit the Washington State Wine website at: washingtonwine.org
About the Washington State Beer Commission & Industry
The Washington Beer Commission was ratified by the Washington State Legislature on September 6, 2006 as an Agricultural Commodity Commission, becoming the first commodity commission for craft beer in the U.S. Through RCW 15.89 the state granted the commission the opportunity to produce up to 12 beer tasting festivals per year and to use the proceeds to promote and market Washington’s craft breweries. An assessment of ten cents per barrel produced by each brewery (with a cap assessment of $1,000) was also a part of the legislation. Washington state now boasts 240+ breweries and I s still the only state in the nation with a beer commission.
Visit the WA Beer Commission website at: washingtonbeer.com
Download the Washington Beer Mobile App:
200 E Cove View Dr, Belfair, WA 98528-7502
APN: 12206-31-90082
Caucasian69%
You will make more money. U.S. Housing and Urban Development reports that a staged house sells, on average, 17% higher than a non-staged house. The cost of staging doesn’t cost a dime. A Home Gain Survey of over 2000 Realtors discovered that sellers who spent up to $1,000 staging their home recovered almost 200% of the cost in the sale of their home. Most home sellers cannot view their house objectively. If you can’t see objectively, you can’t “package” effectively. Have a staging professional give you a detailed, step by step, “Action Plan” so you can do the work yourself. Less guesswork and “Do It Yourself”. A professional home stager can manage your projects from start to finish OR give you a detailed enough report based on their extensive knowledge and training to have you “do it yourself”. Only 10% of homebuyers can visualize the potential of a home. That’s why staging a vacant home is critical! You don’t want the benefits of your beautiful home left up to the buyer’s imagination.
Studies show that the longer your home stays on the market the lower your selling price will be. Don’t settle for less and lower your price…have your house staged.
Staging is designed to differentiate a house. Create emotion, which translates into more offers and more money. Staging is about the creativity, not the money. Staging helps with the vision. Buying a house is largely an emotional decision because people are not just purchasing a home; they are buying a dream...a lifestyle. When it comes to staging a home, the beauty lies not only in the art but in the numbers. Staging can transform a home from ugly duckling to swan.
Keep in mind what you’re selling is the home, not its contents. If you remove throw or area rugs, eliminate clutter and collections, and cut down on furniture and accessories, the room will appear to be more airy and spacious. It's all about flow.
By de-cluttering a home, you allow customers to see each space’s best features and full potential. Give customers the space to envision their own dreams within the home. Here are a few tips for staging a home properly with tips on staging mistakes to avoid:
• Give the property’s interior a fresh coat of paint to show prospective buyers the home is well kept and alive
• Whether you want to or not, be sure to disclose everything about the property
• Fix all running toilets – the sound of echoing pipes is a sound that could spook off customers
• Show the cozy places in the home, including the outside; if there’s a patio or a porch, show potential customers that the property’s outside is as attractive as the inside
• To get a feel for what spaciousness, simplicity, neutral colors and décor can do for your home sales, visit model homes to see how they do it
• To freshen up the kitchen area, cut one lemon in half and grind it in the garbage disposal
• Display foliage in moderation; be mindful to invest in quality plants that are either silken or easy to maintain
• Ask yourself if all of the decorative items in the home are really needed, or if they can be put away (for example, do you really need three statuettes of turtles on the kitchen counter? Perhaps just clear the counter off completely)
• Listen to the pros and hire an agent to assist you with your real estate needs
• Leave no section of your home un-staged – be prepared for potential buyers with a critical eye for details, including cleanliness
• If you’re going to add fragrance to the home, use a tad of neutral, fresh-smelling scents such as vanilla or lemon; refrain from using over-powering scents – it could smell like you’re trying to cover an odor
• Do not leave any family photographs, mail, documents or other personal information out on countertops –also, if you keep pictures or personal items tacked on your refrigerator, remove those as well.
• Keep personal items in a hidden, well-protected place; create a non-cluttered, neutral environment in which a potential buyer can picture themselves living there (not the family currently living there)
• Be sure the closet spaces are cleared out – you want your potential buyers to see how much storage space they may find handy
• If a DIY project has been left unfinished, either clean it up or clear it out
• Don’t forget that the yard should be just as neat as the inside of your home
• Not everyone is pet-friendly; when showing a home, please remove your furry friends during a showing
• Be sure the food pantry, laundry room and garage are well-organized and clean; only leave items in those storage spaces that pertain directly to the space itself; all other knickknacks or untidy items should be re-moved
Sources:
1 http://www.hgtv.com/real-estate/top-10-home-staging-dos/index.html
http://www.squidoo.com/homestagingmistakes#module13426482
2 http://www.squidoo.com/homestagingmistakes
http://www.hgtv.com/real-estate/top-10-home-staging-donts/ index.html
Every well-run household has its own unique solutions and quick fixes to keep it humming smoothly.
Here are a few favorite and clever pearls of domestic wisdom to add to your collection
• Have you tried baby wipes on carpet stains? They work so well, you’ll be wondering why no one told you sooner!
• Keep candles in the refrigerator for several hours before you use to slow down dripping and make them last longer.
• To eliminate cooking odors heat white vinegar in an uncovered pot on the stove. (don’t boil) Remove after 30 minutes. The light vinegar smell dissipates quickly, taking odors with it.
• The best way to attack cooked-on spatters in your microwave: Heat a half-cup of water for two minutes on high. The steam will soften the food and the mess will wipe right out.
• When run through your coffee grinder, a handful of dried rice will sharpen the blades.
• After your next party, share flat, leftover beer with your garden. The plants love the yeast.
• Ants hate anything spicy. Sprinkle ground pepper, cayenne, even cinnamon, in their path, and you’ll stop them in their tracks.
• Your chimney will stay clean if you throw a handful of salt on the fire.
• Fill nail holes with a paste made of cornstarch and water. Works just as well as putty!
• When a wooden door or gate sticks, bring out the hair dryer. By blowing hot air directly on the wood where it’s sticking, you’ll remove the moisture and the swelling will go down.
• Squeaky doors? For a drip less solution, use petroleum jelly on the hinges instead of oil.
• Simmer a sliced apple and a couple of cinnamon sticks in water on the stove. Your whole house will smell like apple pie.
• Place unusable remnants of soap in a ventilated plastic bag and pack it away with seasonal clothes. This will keep the moths away, and your clothes will smell much better when you take them out of storage.
• Leather needs to breathe, so never hang coats or jackets in plastic. Instead, make a dust cover from a pil-lowcase by cutting a hole in the top for a hanger.
❑ Pack all family records in a separate box and keep it with you (not in the moving van) when you move. Include your family’s medical, dental, school, and financial records. Although the moving company is insured, if it loses your irreplaceable records and other valuable, there is nothing they can do to get them back.
❑ Forward your mail. Make “We’re Moving” postcards to send to friends and relatives. Send change-ofaddress forms to magazines, service organizations, DMV/DOL and others. Go to the post office and complete a mail forwarding form. Also, consider sending electronic change-of-address cards to your friends. Check the Internet for sites that offer these cards for free.
❑ Say goodbye to your neighbors and give them your new address and phone number. Hand out “We’re Moving” postcards as you say goodbye.
❑ Call the telephone and utility companies to close or transfer your accounts and let them know your new address. Your final bills will arrive there.
❑ Be sure that the new tenants (or property manager) have the code for the alarm system.
❑ Turn off and unplug all appliances. Check the refrigerator, air conditioner, clothes washer, dryer, and other appliances. As a courtesy to the new tenants, leave the plugs and their wall sockets in plain view and accessible.
❑ Turn off the automatic sprinkling system (or set it to automatic, if appropriate)
❑ Set the thermostat to 55 degrees. If it’s winter, this will help ensure that the pipes won’t freeze before the new tenants arrive.
❑ Close blinds and draperies and turn off all lights except one or two so that the house doesn’t seem unoccupied.
❑ Secure and lock all doors and gates. Remove any locks to which you own a key or combination (or leave the key or combination for the new occupants).
Utilities & Services
Electric Gas
Water
Garbage
Sewer
Recycle
Telephone/Mobile
Cable/Satellite
Internet
Fuel
Water Delivery/Water Treatment
Pool Services
Lawn/Garden Services
Housecleaning Services
Physicians/Dentists/Veterinarian
Attorney
Real Estate Broker
Lender
Pharmacy/Drug Store
Dry Cleaners
Subscriptions
Newspapers
Magazines
Book and Music Clubs
Family Schools
Children’s Organizations
Clubs (Athletic, misc.)
Relatives, Friends, Business Associates
Don’t forget to submit your change of address with the U.S. Post Office online, mail-in form, or at a local branch and set your mail to forward.
Financial & Personal Accounts
Employer/Benefits/401K
Banks
Loan Institutions
Financial Advisor/Investments
Major Credit Card Companies
Department Store Credit Cards
Insurance Agencies (Health, Home/Life & Auto)
Charge Accounts
Pension Plans
Air Miles Rewards Program
Accountant/Tax Consultant
Charities
Professional Memberships/Licensing Boards
Government & Public Offices
Post Office
Veteran Affairs
Income Tax/IRS
Family Support
Social Security
Pension Benefits
Unemployment Insurance
Vehicle Registration
Driving License
Voter’s Registration
Owning a home can be a dream come true. But without regular maintenance, your home can become a nightmare. Here is a handy fall-winter maintenance checklist to use to you can ensure your home remains your haven all winter long.
Show your home’s interior and exterior some much-needed TLC and take spring-cleaning to the next level. Don’t know where to start? Use this list to help you tackle spring maintenance like a pro.
The decision to purchase a new home brings a sense of stability. Whether you need a place to make your own, more space for a growing family or an investment opportunity, the home-buying process is an exciting time.
Buying a home often reflects a desire for financial security and can be a sound decision for number of reasons:
When you buy your house and pay your monthly mortgage, you can gradually accumulate what lenders call equity. Equity is an ownership interest in the property. It can be converted into cash by borrowing against it or by selling your house. Unlike owning a home, renting offers no opportunity to build equity.
Another advantage to homeownership is that mortgage payments can remain unchanged throughout the life of your mortgage. Renters may face an increase in rent payments year after year. With a fixed-rate mortgage, your monthly payments remain the same over the years as other costs of living increase over time due to inflation. As a homeowner with a fixed-rate mortgage, you have the advantage of knowing what your mortgage payment will be far into the future.
Houses typically increase in value, or appreciate, over time. It’s not unusual to find a house that sold for $150,000 15 years ago valued at a much higher price today. Appreciation is like money in the bank to you as the homeowner.
Please contact me for more information.
As a homeowner, you will enjoy significant tax breaks that are not available to renters. The most important tax benefit of homeownership is that interest paid on your home mortgage is usually deductible. This fact alone can save you a substantial amount each year in federal income taxes.
Stewart Title offers our residential customers various levels of coverage for your protection. The coverage provided by the ALTA Owner’s Policy (a standard coverage policy) covers you for defects and liens typically in the Public Records’ history of your title through the date and time your deed is recorded in the Public Records. The ALTA Homeowner’s Policy provides enhanced coverage and protects you from matters appearing in the Public Records and items not appearing in the Public Records, including some that might occur after the policy is issued.
Coverages Included Without Endorsement
Assumes compliance with Stewart Title Guaranty Company’s underwriting requirements for issuance of the applicable policy.
Covered Risks
Title being vested other than as stated in Schedule A of policy
Forgery, fraud, duress, incompetency, incapacity or impersonation
Liens or encumbrances on the title (e.g., prior mortgage or deed of trust, state or federal tax lien, condominium or homeowners’ association lien)
A document affecting title not properly created, executed, sealed, acknowledged or delivered
Defective recording of documents
Defect in title caused by improper remote online notarization, failure to perform those acts necessary to create a document by electronic signature, and repudiation of an invalid electronic signature
Unmarketability of the title
No right of access to and from the land
Restrictive covenants limiting your use of the land
Gap Coverage (extending coverage from the closing to the recording of the deed)
Duration
Coverage continues as long as you own the property
Policy insures anyone who inherits the property from you
Policy insures the trustee of your estate-planning trust who receives a deed from you
Policy insures residential property only
Policy can only be issued to a natural person or estate planning entity
Extended Coverage
Parties in possession of the property that are not disclosed by the Public Records (e.g., tenants, adverse possessors)
Unrecorded easements affecting the property
Encroachments and boundary line disputes that would be disclosed by a survey*
Mechanic’s liens (a lien against the property due to non-payment of work)*
Taxes or special assessments that are not shown as liens by the Public Records*
*Not included in the coverage
*
*
Coverages Included Without Endorsement
Assumes compliance with Stewart Title Guaranty Company’s underwriting requirements for issuance of the applicable policy.
Additional Coverages
Actual vehicular and pedestrian access based upon a legal right*
Loss of your title resulting from a prior violation of covenant, condition or restriction*
A limited amount of coverage is available if you are unable to obtain a building permit due to an existing violation of a subdivision law or regulation or you must correct an existing violation (subject to a deductible)
A limited amount of coverage is available if you must remedy or remove an existing structure because it was built without a proper building permit (subject to a deductible)
A limited amount of coverage is available if you must remedy or remove an existing structure due to an existing violation of a zoning law or zoning regulation (subject to a deductible)
A limited amount of coverage is available if you must remove your existing structures if they encroach into an easement or over a setback line
You cannot use the land as a single-family residence because such use violates an existing zoning law or zoning regulation
You are forced to remove your existing structures because they encroach into an easement or over a setback line
Damage to existing structures due to an exercise of an existing right to use any easement affecting the land
Damage to existing improvements due to an exercise of an existing right to use the surface of the land for the extraction or development of minerals, water or any other substance
Someone else tries to enforce a discriminatory covenant*
Supplemental taxes because of prior construction or change of ownership or use*
Loss if the residence is not located at the address stated in the policy*
Pays substitute rent and relocation expenses, if you cannot use your home because of a claim covered by the policy *
Automatic increase in policy amount up to 150% of policy amount over 5 years*
Post-Policy Coverages Forgery or impersonation affecting the title
Easements affecting your use of the land
Encroachment of neighbor’s buildings onto your land*
*Not included in the coverage
and conditions as set out by Stewart Title Guaranty Company and the American Land Title Association®. If you have any questions regarding your rights under the various policies seek legal, tax or other professional advice.
The information provided is for informational purposes and is subject to change without notice.
Please contact me for more information.
As a homeowner, your property is one of your most valuable assets. That’s why you protect it with homeowner’s insurance. But does your homeowners insurance protect your home against all water damage? By understanding how insurance views water, you can protect yourself financially. Otherwise, you may find yourself drowning in debt.
Where water is concerned, there are two types of water-related insurance claims:
Flooding and water damage. This first type of water-related claim is flooding, also known as rising water. It’s a very common natural disaster and is only covered through a flood insurance policy.
The second type of water-related claim is water damage. With water damage, your home insurance policy potentially covers four different types. Those are:
Sudden and Accidental – The kind of damage that occurs when a pipe suddenly bursts.
Seepage and Leakage – The damage resulting from a slow, continuous water leak over time. Water Backup – Water that comes in the home through entry points such as sinks, toilets or bathtubs.
Foundation water damage – Should one of the three previously mentioned types of water damage occur, resulting in the need to break into your foundation, you’ll want to have foundation water damage coverage.
Keep in mind that not all home insurance policies cover all four types of water damage. Verify your coverage with your insurance agent.
Let Stewart Insurance help you build an
A home that is clean and tidy, and maximizes space will sell faster and at a higher price. Keep in mind that a small investment in time and money could make your home much more attractive to buyers.
Exterior OK As IsNeeds Work
Does the house need fresh paint?
Are holes and cracks visible?
Are sidewalks, porches and decks swept and in good shape?
Is it inviting?
Do the windows and door screens need to be replaced?
Does the house trim need repair or paint?
Are gutters and downspouts secure and clean?
Landscape OK As IsNeeds Work
Are shrubs and trees trimmed?
Is the lawn fertilized?
Is the lawn mowed and edged?
Has the lawn been weeded?
Kitchen OK As IsNeeds Work
Are the appliances clean and working?
Are cabinets neat and in good condition?
Are countertops clean and uncluttered?
Does the tile need regrouting?
Does the sink need recaulking, chips repaired or stains removed?
Do the faucets leak?
Is the oven clean?
Is the gas igniter working properly? (Be sure to leave the key.)
Bathroom OK As IsNeeds Work
Do the faucets leak?
Does the tub need recaulking?
Do the shower tiles need new grout?
Are the shower doors clean?
Roof OK As IsNeeds Work
Are there any leaks or unlevel areas?
Are shingles or tiles missing?
Does the roof have any unlevel areas?
Is the garage door opener operating correctly?
Is the garage organized, neat and well lit?
Attic
Is the attic organized and clean?
Are the stairs in good condition?
Is the attic well lit?
Are there any signs of insects or rodents? Overall
Can items be removed in order to make the home appear larger?
Do the walls and woodwork need new paint?
Do the walls have holes or cracks?
Does the wallpaper need replacing?
Are both sides of the windows clean?
Are there any stains or damage from water leaks?
Are the window treatments clean and properly working?
Do squeaky hinges need oil?
Are the ceiling fans and vents clean?
Do the windows open and close easily?
Has the house been deep cleaned?
Do any of the doors stick?
Do all the locks work properly and have keys?
Do the doors seal properly?
Are all lights working?
Moving can be stressful, but you can make it easier by starting your preparations early. The first step is to hire a mover. Here are few tips for choosing the right one:
x Get referrals from friends, online review sites and organizations like the Better Business Bureau®.
x Find a balance between the lowest cost, the most experience and the right equipment
x Inquire about discounts related to organizations you may belong to.
x licensed and bonded, and employees should have workers’ compensation insurance.
x Ask for references.
x Get estimates in writing.
Please contact me for more information.
Sensitive information plays a critical role in your real estate transaction, and it’s imperative that this information remains safe and protected. Stewart Title strives to provide consumers with peace of mind in knowing that their personal, non-public sensitive information is protected through Stewart Title’s data security and email encryption. But, as a consumer, there are steps you can take to protect yourself from cyber-fraud, too.
Recently, there has been a wave of cyber-fraud. Cybercriminals hack into the email accounts of real estate agents or other persons involved in real estate transactions. These “hackers” are patient; they sit and wait until they discover useful information to assist in the scam and trick you into sending money through a wire transfer to a bank account that appears to be legitimately owned by a party involved in the transaction (but is not). The hackers send an email that appears to be from an individual involved in the transaction (a practice called spoofing).
At first glance, these spoofing email addresses appear legitimate but often have one additional letter or some other minor variation from the actual email address.
Example: msmith@stewartttitle.com instead of msmith@stewarttitle.com
These spoofing emails advise the recipient (often the buyer) that there has been a last-minute change to the wiring instructions and request that funds be sent to the new account information provided. By following these instructions, the funds are inadvertently wired to the hacker’s account and, most often, lost forever.
Recognize common indicators of cyber-fraud: Emails requesting last-minute changes to wiring information (e.g., particularly changes in the
Requests for wire transfers late in the day or week or outside of business hours
the email address
Suggested best practices for transmitting and receiving sensitive information: Send emails with sensitive, personal information, through encrypted email only. Verify requests to change wiring instructions through a trusted method (like a phone number previously
Verify wire transfer requests to locations outside normal business areas.
unexpected email.
Always question attachments and links that are sent unencrypted.
What to do if you believe you are a victim of cyber-fraud: If money was wired in response to fraudulent wiring instructions, immediately call all banks and or your funds.
Contact your local police or local municipalities’ real estate fraud division.
Contact any other parties who may have been exposed to the cyber-fraud so that appropriate action may be taken.
Change all usernames and passwords associated with any account that you believe may have been compromised.
Report any cybercrime activity to the Federal Bureau of Investigation Internet Crime Complaint Center
So, you’re buying a house. It’s an exciting time. It can also be a bit confusing. Things feel like they’re happening pretty fast and, often, some important things can go unexplained – like title insurance. To help you understand the purpose and importance of title insurance, Stewart Title has put together this helpful overview.
What is title?
Simply stated, the title to a piece of property is the evidence that the owner is in lawful possession of that property.
What is title insurance?
Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or the defects in the title to the property. Each title insurance policy is subject to specific terms, conditions and exclusions.
How does title insurance differ from other insurance?
Insurance such as car, life, health, etc., protects against potential future events and is paid for with monthly or annual premiums. A title policy insures against events that occurred in the past of the real property and the people who owned it, for a one-time premium paid at the close of the escrow.
What does it cover?
Title insurance protects against claims from defects. Defects are things such as another person claiming an ownership interest, improperly recorded documents, fraud, forgery, liens, encroachments, easements and other items that are specified in the actual policy.
Who needs it?
Home buyers and lenders need title insurance in order to be insured against various possible title defects. The buyer, seller and lender all benefit from the issuance of title insurance.
How is a title policy created?
The creation of a title policy begins by searching the public records for defects, such as liens or legal judgments, which could interfere with the transfer of the property’s title. Once the title is deemed free and clear of defects, the prospective new owner receives a preliminary report for review and approval. If the prospective buyer approves the “prelim,” the escrow officer will record the document after closing and settlement, and the title policy will be created.
What is escrow?
Escrow refers to the process in which the funds of a transaction (such as the sale of a house) are held by a third party, often the title company or an attorney in the case of real estate, pending the fulfillment of the transaction.
What are the policy types?
A standard policy insures the new owner/home buyer, and a lender’s policy insures the priority of the lender’s security interest.
Stewart Home Warranty, powered by HWA** , is a nationwide leader in the home warranty industry with over two decades of experience helping homeowners stay safe and feel comfortable when buying, selling or just living in their homes.
You’re covered for life’s big emergencies — fire, theft, severe weather damage — by your homeowners insurance policy. But can you relax when it comes to everyday disasters? Your appliances and plumbing, electrical and heating/ cooling systems have limited lifespans due to normal wear and tear. A Stewart Home Warranty plan helps reduce your out-of-pocket repair and replacement costs for essential home systems — and gives you peace of mind.
When you choose Stewart Home Warranty, you’re choosing:
13 months of initial coverage
A fully customizable plan that meets your unique needs
Easy-access customer service via phone, email, chat or web
Coverage of more than 120 items
Protection against unknown pre-existing conditions
FREE Seller’s Coverage on active listings for up to 180 days ($1,500 limit)
No age restrictions on your home
Multiyear plans
Newly enhanced claims process
Coverage for townhomes, condos and investment properties and new construction plans
Dependable service from a national network
x Select your mover and get everything in writing.
x Decide how much of your current furniture you will be using. You can save on moving costs by getting rid of unwanted furniture prior to your move.
x Determine which unwanted pieces will be given to charity and which will be sold. This can save you money on your move – and put money in your pocket.
x If you are moving yourself, determine how many boxes you will need, then determine the size of the truck required by calculating the cubic feet of the boxes, plus that of large furniture pieces.
x If you’re moving to a new community or city, get copies of records from service providers such as doctors, dentists, lawyers and utility companies.
x Make arrangements to transfer your children’s school records.
3 4
x Clean or repair furniture, curtains or carpets, if needed.
x Hold a garage sale.
x Arrange for storage, if needed.
x Make any necessary travel and hotel reservations.
x Determine if you need to transfer local bank accounts or cancel direct deposits. Coordinate with your bank(s).
x If movers are not doing your packing, begin gathering packing materials:
° Boxes
° Bubble wrap
° Old newspapers
° Felt-tip markers
° Furniture pads
° Large self-stick labels
° Nylon packing string
° Packing peanuts
° Packing tape
° Rope
° Scissors
° Utility knife
x Begin packing items you won’t need between now and your move.
x Arrange to cancel utilities and services at your old home after you’ve moved, and make sure you have electricity and water turned on at your new home by the time you move in.
x Make any special arrangements to move pets.
x Have your car checked and serviced for the trip if you’re moving far away.
x Fill out a change-of-address form with the U.S. Postal Service.
x Send a change-of-address notice to your friends and family.
x Review your online accounts and update
x Transfer any prescriptions to a pharmacy near your new home and return any library books.
x Arrange for a babysitter on moving day if you have small children.
x Defrost your refrigerator and freezer.
x Set aside valuables and legal documents to take with you.
x Pack clothing, toiletries and other
x Have your movers begin packing.
x Arrange payment for the driver on moving day if you’re using a mover.
x Pick up the truck early if you’re moving yourself.
x Make a list of every item and box loaded into the truck.
x Give your contact information to the mover.
x Read the terms and conditions in your mover’s agreement before signing. Keep the agreement in a safe place until your goods are delivered, charges are paid and any claims are settled.
x Check that no leave-behind appliances are still connected in your old house.
x Inspect the attic and garage, and lock all doors and windows.
x Check off all boxes and items as they come off the moving truck (if applicable).
x Make sure utilities are connected and new locks are installed.
x Be on hand to answer questions, pay the driver, take care of last-minute problems and examine your goods.