Handling Checks at Closing

For those of us who have been in a real estate closing – regardless of what side you’re on – you can appreciate that there are a LOT of checks and balances happening during that transaction, let alone an enormous amount of paperwork. Aside from procuring the necessary documents, ordering payoffs, checking taxes and titles, […]

Employee Spotlight: Melissa Donahue

Cumberland Title is proud to employ some of the best and hardest working talent in the title insurance business. We’d like to take this opportunity to introduce you to the newest member of the Cumberland Title Team!   Name: Melissa M. Donahue Title: Title Attorney   How long have you worked at Cumberland Title, and […]

Easement Essentials

  Easements: What You Need to Know The word “easement” is defined as, “a right to cross or otherwise use someone else’s land for a specified purpose.” In its simplest terms, a property easement allows for a third party to use a portion of someone else’s property for a specific use. Most commonly we see […]

Title Insurance for Manufactured & Mobile Homes – A Quick Overview

Title Insurance for Manufactured & Mobile Homes – A Quick Overview The way that mobile homes & manufactured homes are handled is a little bit different than a standard real estate closing. Anything related to real property (real estate), must be recorded in the Registry of Deeds in order for it to be valid on […]

Pitfalls That Can Cancel a Closing (On Closing Day)

You’ve been assigned your date, time and location for your property transaction closing, but you’re not in the clear yet! There are still some things that can compromise the closing and prevent it from happening. Heed this warning and make sure you or your clients do not fall victim to these issues:   Power of […]

Title Insurance Q&A

Q: Does it make sense to get title insurance on a condo that was recently built if you intend to pay for it in cash? A: Absolutely. Title Insurance will defend against all potential claims going forward for as long as you own the property. It’s really a small, one-time price to pay to avoid […]

Bitcoin and the Real Estate Industry

Recently, a real estate agent asked me if she should be marketing her listing by including the fact that the seller is willing to accept Bitcoin.   If you don’t know what Bitcoin is, the simplest definition I can come up with is that Bitcoin is a digital currency and it, along with other cryptocurrencies, are […]

How Blockchain Technology Could Change the Real Estate Industry

In the simplest terms, blockchain is the ability to remotely share databases and processes, making them more centralized and accessible. For the real estate industry specifically, this could transform the industry by making it more modern and efficient. One such way is accessing the MLS Property Data system. Every real estate transaction goes through the […]

How To Ensure Your Real Estate Closing Happens on Schedule

When a title company is contacted to facilitate the closing for a property transaction, there is a great deal of information that they must gather in order to accurately allocate all monies and ensure that the documents reflect the most current, up to date and accurate information. One of the first things we do here […]