Welcome to American Title Guaranty!

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American Title Guaranty and their underwriters provide stability, integrity, experience and personal service that home buyers and sellers should insist on.

Protect yourself against the loss due to title defects. Insist on title insurance policies from American Title Guaranty, Inc.

Please let us know if there are other things you’d like to see on the website or there is anything else we can do to help you have peace of mind in your unique situation.

Why November Is The Best Month To Sell Your Home

11/14/2014 @ 6:31PM

Some owners hesitate to market their homes between Halloween and New Year’s Day, believing the holiday season to be an off-peak time to sell. But the idea that houses don’t sell in November and December comes from outdated historical trends.

In fact, several studies show that, on average, homes listed during this time are more likely to sell, sell more quickly, and sell closer to the asking price. November, in particular, has some unique advantages that make it an ideal time to sell. Here are three reasons why Thanksgiving month might be the best time to sell your home.

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What’s keeping the housing market from reaching its full potential?

By LEW SICHELMAN
November 16, 2014, 5:00 AM

latimesWhat if they threw a housing recovery and nobody showed up?

That thesis is not exactly accurate: Millions of people will have purchased homes this year, perhaps not at breakneck speed, but they are buying. According to the National Assn. of  Realtors, existing home sales jumped 2.4% in October to a seasonally adjusted annual rate of 5.17 million.

Sales are now at their highest pace of 2014 but still remain 1.7% below the 5.26-million-unit level from September a year ago.

NAR maintains that the recovery won’t reach its full potential until more builders get with the program. That’s not to say builders aren’t producing new houses; they are, but not at the number that’s needed to satisfy latent demand.

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Young homebuyers are missing from the U.S. housing market

Published: 
Updated: 

Where did all the young buyers go?

It’s a question real estate agents across the country are asking.

And they don’t like the answers that indicate that many folks in their 20s and early 30s no longer are on track for homeownership.

Economists and housing analysts say the shift is due to a combination of economics and psychology.

“What is wrong with young people?” asks Lawrence Yun, chief economist of the National Association of Realtors. “Even at these low mortgage rates, young people are not getting into the housing market.”

Yun said student debt is keeping many young Americans in apartments.

“On average they pay about $300 a month for a recent graduate for student debt,” he told real estate agents meeting in New Orleans last weekend. “That’s why many of them are still living with their parents.”

Surveys of young homebuyers show that high credit card debts and medical expenses are also big obstacles to coming up with the money to pay for a house.

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What To Do About Debt When Applying For A Mortgage

11/03/2014 @ 2:14PM

​Buying a home is a bucket list item for many of us, but we often find it difficult to finance such a massive purchase. Especially if you have credit card debt — or no credit at all — you may struggle to convince a bank officer to sign on the dotted line.

Here, we answer a few questions relating to credit, credit card debt and ​mortgage loan applications.

Does my credit card balance affect my ability to get a favorable mortgage loan rate?

Yes. Depending on your bank, most ​mortgage loan officers will want to know that you have the assets/cash to pay off your outstanding credit card balance. If you don’t, you may be subject to a higher interest rate.

Worried that you won’t get a loan at all? This comes down to your credit history. Credit history is the largest factor in determining your credit score, so if you’ve paid off card balances in full for some time, you should be OK. But if you’ve historically defaulted on your credit card debt, you may have a more difficult time getting a loan.

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Slideshow: Scariest (or Funniest?) Home Decor

DAILY REAL ESTATE NEWS | TUESDAY, OCTOBER 28, 2014

Halloween5_0Rarely can you say you’ve seen it all, but when it comes to Halloween decorations, there’s not much you will have missed after going through this slideshow. With All Hallows’ Eve fast approaching, we thought it would be fun to take a look at some of the most outrageously scary home decor — and we weren’t disappointed. (Talk about giving new meaning to “bloodbath.”) If you’re brave enough, click through the slideshow below to see some of the most ghoulish decorations out there, but be prepared to get spooked.

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US Real Estate Market Returning to Normal, Zillow Report

Posted by Rapti Gupta on Oct 27, 2014 04:07 AM EDTzillows-research

Zillow’s results for the third quarter showed that the housing market is slowing down now with prices appreciating at a slower pace, more unsold inventory available for sale and mortgage rates at record lows. Also, since the market slows down typically by the end of the year due to the holiday season and the winter, the current deceleration marks a new normal.

Starting August 2012, home values started to shoot up across the country. Several experts expressed their concern over another emergent housing bubble and eventually when the housing stall occurred due to the cold freeze in January 2014, concerns mounted.

However, as months passed the indicators slowly bounced back to normal with sales in the spring and summer typically heating up and now losing steam.

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11 amazing real estate facts to entertain your brain

Ever wonder why brass doorknobs are so ubiquitous?

Seth Williams,  Oct 20, 2014funfact

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FHFA Said to Plan Steps to Ease Lending to Riskier Buyers

By Clea Benson  Oct 17, 2014 2:54 PM CT

bloomberg10-21-14Fannie Mae (FNMA),Freddie Mac and their regulator are nearing agreement with mortgage issuers on efforts to boost lending and ease banks’ concerns that they will get stuck with bad loans when borrowers default.

The initiatives include a consensus on when defaulted loans are so flawed that lenders must buy them back from the two mortgage-finance companies, a key sticking point in efforts to unlock credit, according to three people familiar with the discussions. The steps are part of a broader push to increase lending after banks had to repurchase billions of dollars of mortgages that were issued during the housing bubble.

The banks’ reticence has kept first-time homebuyers and others with weak credit out of the real-estate market and created a drag on the fragile housing recovery.

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How mortgage rates affect car purchases, credit card debt and jobs

By Dina ElBoghdady October 9

washpost10-14-14Back when interest rates plummeted, homeowners with adjustable-rate mortgages ended up saving $150 per month on average, which dramatically reduced their chances of falling behind on their loans.

But that’s not all. The savings also led to more automobile purchases among those borrowers, less credit card debt, and more jobs in their communities, according to researchers at the University of Chicago, Columbia Business School and Fannie Mae.

This goes to show that the Federal Reserve policy that pushed mortgage rates lower all those years ago helped stimulate consumer spending and rev up the economy, just as the Fed had hoped, the researchers said in a working paper for the National Bureau of Economic Research.

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Weisman: You’re not helpless against cybercrime

Steve Weisman, for USA TODAY9:15 a.m. EDT October 5, 2014

usatoday10-3-14National Cybersecurity Awareness month began auspiciously with the disclosure by JP Morgan Chase through a required SEC filing that the massive data breach it suffered this summer involved more than 76 million households and 7 million small businesses.

There is little as customers that we can do about the security of the companies andgovernment agencies with which we conduct business, but there are things we can do to protect ourselves from identity theft and the effects of massive data breaches which are now a part of modern day life. Living in a digital world requires some basic precautions and now is a good time to implement them in eight simple steps.

The first step is to change your password regularly, such as every six months. A good password has a mixture of capital letters, small letters, symbols and digits. Don’t use any word in the dictionary because hackers have computer programs that can guess your password in a matter of seconds. Instead use a phrase, such as IHate2UsePasswords!!. This is a very secure password. You should also have a separate and distinct password for each of your accounts. To make things simple, you can merely adapt your basic password by adding a couple of distinguishing letters for each account. For example, you could make this your Amazon password by adding the letters “Am” at the end of your basic password so it reads IHate2UsePasswords!!Am.

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