Arlington, VA

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

We wanted to keep those interested in real estate updated on how the virus has affected our industry, so here is an update on all 3 states in this area.

Following recent updates regarding state shutdowns, we wanted to keep everybody informed on the effect of the mandates in each jurisdiction. Financial institutions, including banks and title companies have been deemed essential so we will continue to be able to close transactions for the foreseeable future. While we will be able to continue to conduct settlements there will certainly be challenges and changes in our policies and procedures moving forward.

In usual circumstances, to allow for eRecording, the title agent must physically scan and index documentation via a technology portal to the Clerk, and someone physically located at the Clerk’s office must be there to accept, Quality Control, and input the data into the Official Records.

It appears that in almost all local jurisdictions that the Clerk’s offices will continue to accept e-recordings even if the employees are forced to work remotely. Our title insurance underwriter has agreed to continue covering the “gap” periods from closing through recording, in the event recordings are delayed due to shutdowns.

In other good news, under Dodd Frank, “title/settlement services” are considered part of the “Financial Services” sector, making title insurance agencies “essential businesses” to remain functional in case of shutdowns/quarantines.

Regardless of this allowance, the significant challenge of physically CLOSING the transactions remains (meeting with clients face-to-face in a confined room to sign documents, touch paper, pens and potentially infect staff, agents, lenders, etc.). We are quickly adapting to the ever-changing environment by limiting closing time, parties allowed to attend closing, and we are able to send notaries to conduct closings at your home either outside on your patio or the Notary can wait outside while you sign in the comfort of your home as long as they can verify that you signed the documents.

You may also designate a Limited Power of Attorney for a representative from our Company to sign the settlement documents on your behalf. This still requires you to sign the power of attorney in the presence of a Notary, but limits your interaction to that single document.

The title insurance industry has traditionally been an overwhelmingly paper-based industry, and it is only in the recent stages of moving to paperless, digital and completely-online. Thankfully, we are, and have been since our inception, leading the charge towards technologically streamlining the entire closing process. We are set up for Remote Online Notarization (RON) through Notarize and we also offer Earnnest for the delivery of ACH Earnest Money Deposits from your phone or computer.

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Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

In this week’s edition of Boring Title, we present to you Allied Mike’s first single.

The refi boom is here, so let us know if we can help you out! We have lowered our settlement fees $125, hired additional processors and are ready to help. So come on in, and dance in our closing room!

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

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Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

In this week’s edition of Boring Title, we sit down with Melody Abella of TTR Sotheby’s & Ru Toyama of Monument Home Loans to discuss what it takes to beat out other offers in a competitive market. The realtor, lender & title company need to be on the same page and have the ability to close quickly!

Congrats to Ru for his “record breaking” performance!

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

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Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

Purchasing a home can sometimes be ROCKY… especially in a seller’s market where multiple offers and waived contingencies are normal.

Make sure to use Allied Title & Escrow to ensure a SMOOTH closing process! Check out our newest video starring Mikey Balboa… I mean Mike Madigan!

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

0 Comments

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

For this week’s edition of Boring Title, we wanted to provide a video from Matt Leighton and Shawn Battle who speak about the top appreciating neighborhoods in Arlington in 2020!

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

0 Comments

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

For this week’s edition of Boring Title, Latane Meade, CEO of Allied Title & Escrow, gives a brief market update, talks about our year in review and announces our next home buying workshop this Saturday (it involves free beer!).

To check out our year in review, click here.

To sign up for our home buying workshop on Saturday, click here.

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

0 Comments

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

We hope that everybody had a great holiday season, and wish everybody a very Happy New Years!

For this week’s edition of Boring Title, we present to you the third episode of our ridiculous video series: “Close with Mike, and You’ll Never be Madigan!” We hope you enjoy it.

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

0 Comments

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

Exciting news for Allied Title & Escrow!

Allied Title & Escrow, the fastest-growing title company in DMV (Washington, D.C., Virginia and Maryland), has partnered with Earnnest, the future of real estate payments, to be the first title company in the region offering digital transfers of earnest money deposits (EMDs) through Earnnest’s innovative technology platform.

Earnnest enables buyers to securely send EMDs directly to Allied Title & Escrow from the buyers’ financial institution through a proprietary way of using ACH payments, mitigating the risk of wire fraud and eliminating the inconvenient use of paper checks. Allied Title & Escrow is a team of industry experts and attorneys with more than 30 years of experience. The company provides residential and commercial services throughout Virginia, Washington, D.C. and Maryland.

“Allied is committed to investing in best-in-class technology to make real estate transactions easier for buyers, sellers, agents and developers,” said Allied Title & Escrow CEO Latane Meade. “We’re excited to partner with Earnnest to give our clients a cutting-edge solution to an obvious industry issue.”

To address current EMD complexities, Earnnest connects to 12,000 banks nationwide, and has banking-level security and encryption. Earnnest sends updates on money movement to agents, buyers and escrow holders throughout the transaction. Additionally, buyers no longer have to pay a $30 wire fee; Allied Title & Escrow is covering the cost of the transaction.

“We’re thrilled to announce this partnership with Allied Title & Escrow,” said Rick Altizer, Earnnest CEO. “They are known for excellent customer service, and through Earnnest, clients will receive an added level of convenience and value.”

Added Meade: “Using Earnnest, our buyers can easily transfer EMDs through their bank using ACH payments, without a $30 wire fee or 30-minute drive to drop off a check; this partnership provides a win-win for everyone.”

ABOUT ALLIED TITLE & ESCROW

Allied Title & Escrow is a team of industry experts and attorneys with 30+ years of experience providing residential and commercial services throughout Virginia, Washington, D.C. and Maryland. Visit www.alliedtitleandescrow.com.

ABOUT EARNNEST

Greenville, S.C. based Earnnest is changing how money moves in real estate, allowing buyers to securely and electronically deposit funds directly to an escrow holder. Earnnest keeps agents, buyers and escrow holders in the loop with automated emails and tracking information. Visit Earnnest.com.

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

0 Comments

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

This week, Allied Title & Escrow’s CEO, Latane Meade, talks about 4 things you should know about real estate in our area… #3 is VERY EXCITING!

If you have any real estate questions that you would like to ask, comment below!

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

0 Comments

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

This week, we sat down with Thad Wise of First Savings Mortgage, to talk about the low rates we’ve had the past 3-4 months, whether or not now is a good time to purchase a property, and how to select a lender and/or agent.

If you have any questions about the market, or are looking for a great loan officer, send Thad an email at [email protected].

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

0 Comments

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

This week, we wanted to share an article that gives a great real estate market update for the DMV area.

Arlington and Alexandria are still two of the most competitive housing markets in the nation as they both continue to have very low inventory. In addition to this, mortgage rates have dropped below 4% and recovered from the recent spike.

To read the article, Click here.

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

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