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Why Do You Need Title Insurance?

Why Do You Need Title Insurance?

by M.Celata Real Estate | Aug 11, 2022 | Title and Escrow, Uncategorized

Title Insurance. It’s a term we hear and see frequently – we see reference to it in the Sunday real estate section, in advertisements and in conversations with real estate brokers. If you’ve purchased a home before, you’re probably familiar with the benefits and...
The Functions of an Escrow

The Functions of an Escrow

by M.Celata Real Estate | Aug 11, 2022 | Title and Escrow, Uncategorized

Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner....
Required Reporting to the I.R.S.

Required Reporting to the I.R.S.

by M.Celata Real Estate | Aug 11, 2022 | Title and Escrow, Uncategorized

Sellers of real property will have certain information regarding the sale reported to the Internal Revenue Service. This required reporting is a consequence of the Tax Reform Act of 1986; it is intended to encourage taxpayer compliance and aid in audit and enforcement...
Understanding Preliminary Reports

Understanding Preliminary Reports

by M.Celata Real Estate | Aug 11, 2022 | Title and Escrow, Uncategorized

After months of searching, you’ve finally found it — your perfect dream home. But is it perfect? Will you be purchasing more than just a beautiful home? Will you also be acquiring liens placed on the property by prior owners? Have documents been recorded that...
Understanding Preliminary Reports

Statements of Information

by M.Celata Real Estate | Aug 11, 2022 | Title and Escrow, Uncategorized

What’s in a name? When a title company seeks to uncover matters affecting title to real property, the answer is, “Quite a bit.” Statements of Information provide title companies with the information they need to distinguish the buyers and sellers of real property from...
Creative Financing

Creative Financing

by M.Celata Real Estate | Aug 11, 2022 | Title and Escrow, Uncategorized

Creative financing: You’ve heard of it, and, as a seller, the idea sounds pretty attractive. But, do you know everything you need to know about carrying back a second; essentially, about becoming a lender? You better know the same things that financial institutions...
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Chelsea MA 02150

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange/Broker Reciprocity Program of Property Information Network, Inc. . Real estate listings held by brokerage firms other than M. Celata Real Estate are marked with the Internet Data Exchange/Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is deemed reliable but is not guaranteed. © 2024 Property Information Network, Inc. All rights reserved.
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