Trademark Title News
NOVEMBER 2009
www.TrademarkTitleServices.com
Savage Lakeville
Shakopee
952-226-7900 952-223-6400 952-224-8300
Closings may also be available in the following based on availability:
Bloomington ▪ Coon Rapids ▪ Roseville ▪ Wayzata
Certified Copies of Documents
When helping out your customer with certified copies remember you can not remove the staple. If you need to make photo copies, you must go page by page. If you remove the staple the document will no longer be considered certified.
You can obtain new certified copies at the county where the document was recorded for about $10.
Rural Development
Properties that are in rural development areas may be qualified for special 100% financing and no mortgage insurance. You can check to see if your property qualifies by going to:
Homes Are Expected to Get Cheaper
If you thought home prices were bottoming out, you may be wrong. They're expected to head a lot lower. Home values are predicted to drop in 342 out of 381 markets during the next year, according to a new forecast of real estate prices. Overall, the national median home price is predicted to drop 11.3% by June 30, 2010, according to Fiserv, a financial information and analysis firm. For the following year, the firm anticipates some stabilization with prices rising 3.6%.
Your Client has Rights
According to the MN state statues, your client has a right to choose their own title company regardless of contracts and REO property demands. It is your fiduciary responsibility to get your client the best deal with their best interest in mind. Your client deserves their own representation. We offer special pricing for REO transactions. Call us for a price quote today.
Trademark Title 952-226-7900
MN Statute 507.45 RESIDENTIAL REAL ESTATE CLOSINGS.
Subd. 4.Choice of closer; notice.
(a) No real estate salesperson, broker, attorney, auctioneer, builder, title company, financial institution, or other person making a mortgage loan may require a person to use any particular licensed attorney, real estate broker, real estate salesperson, or real estate closing agent in connection with a residential real estate closing.


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