A delayed closing can be frustrating—but in many cases, it’s helping prevent much bigger problems down the road. Before ownership can legally transfer, the property’s title must be carefully reviewed to identify any issues that could affect the transaction. Unpaid liens, outstanding judgments, ownership discrepancies, and even clerical errors in public...
Title insurance is one of the most important protections in a real estate transaction—yet one of the least understood. Here’s what you should know. Title insurance protects your ownership rights against issues tied to the property's past. It covers risks like: Unknown liens Errors in public records Ownership disputes Fraud or forgery Owner's Policy Protects the buyer's ownership. Lender's...
There’s a lot happening behind the scenes of every transaction. Our job is to make sure everything is accurate, clear, and ready—so you can close with confidence. 1. Perform a Title Search We review public records to confirm legal ownership and uncover issues like liens, judgments, or disputes. 2. Identify & Resolve Issues If...
Mortgage rates may still be in the mid-6s, but buyers haven’t hit pause. With touring activity continuing to rise and demand remaining steady, this summer market is shaping up to be active for both residential and commercial transactions. We’re continuing to see motivated buyers, strategic refinancing activity, and clients who are...
In March, Town Title Agency® successfully closed eight transactions totaling over $512 million, in collaboration with Commonwealth Land Title Insurance Company. We’re proud to work alongside trusted partners to deliver seamless, high-level service on complex commercial transactions....
Mortgage activity is picking up as rates continue to ease. Recent data shows the average 30-year mortgage rate has dipped to 6.42%, driving a 5% increase in refinance applications week over week. While purchase activity saw a slight dip, lower rates could continue to bring buyers back into the market as...
Please join us in welcoming Megan Egan to the Town Family of Companies! Megan brings over a decade of experience in hospitality, with a strong background in client service, operations, and relationship-building. From managing a high-end establishment in Sea Girt to her years at local favorites like Squan Tavern and Reef...
Mortgage rates dipped below 6% last week for the first time since 2022 — a notable shift as the spring homebuying season begins. While the housing market has remained cautious over the past few years, sustained movement below 6% could encourage more buyers and sellers to re-enter the market. Even modest...
Effective March 1, 2026, FinCEN will require new national reporting for certain residential real estate transactions involving LLCs and trusts. These rules are designed to increase transparency and apply only to specific types of transactions. Town Title understands when reporting is required, who must report, and what information is needed—and we...
As real estate transactions continue to rely on digital communication, cybersecurity remains an important consideration for everyone involved in a closing. Wire fraud, email impersonation, and unauthorized changes to wiring instructions are risks that require constant awareness and verification. Protecting sensitive information and ensuring secure communication helps safeguard transactions and the...