Forbearance, Foreclosure, and Short Sale

Forbearance, foreclosure, and short sales are all common terms in the world of real estate.  While these terms are being used with more frequency of late, it is important to understand what they mean and their unique differences.   Forbearance Forbearance is a legal term defined as, “refraining from asserting a legal right.”  In real […]

When to Call Title vs. Escrow

Title vs. Escrow “Real estate is a complex commodity. Owning real estate is a precious freedom. There are more rights and laws that govern real estate than any other item of value.”  – Chris Rieland, CEO Pacific Northwest Title What is Title Title, in Real Estate, is designed to protect the concepts of ownership rights […]

Seasonal Real Estate Trends

Selling a home is a significant moment in person’s life. Whether it’s the first or the fifth time, each experience can bring with it a new set of challenges where every dollar counts. Nevertheless, even a little bit of research can reap significant rewards and when it comes to selling a home, it’s not just […]

Buying and Selling with Bitcoin

Recently, we have received some questions about buying and selling homes with Bitcoin.  While these types of transactions are not very common in the state of Washington, but the trend of home shopping with Bitcoin is starting to track upwards.  Before we dive into Bitcoin please remember that lenders do not work with crypto-currencies so […]

Pacific Northwest Title Gives You the Digital Advantage

In a constant effort to add value to clients, throughout 2019 Pacific Northwest Title of Kitsap County continues to work tirelessly to drive innovation and technology into its core offerings. While change may be challenging, we must stay true to our commitment to fulfill our clients’ needs in the most efficient, secure, and convenient way […]

The Role of Settlement Agents in the Mortgage Process

Editor’s note: This piece originally appeared in the June edition of MReport. It is no secret that title and settlement agents play a crucial role in the execution of the mortgage closing process. However, as the industry continues its push towards widespread e-closing and e-mortgage adoption, this role is often overlooked. That oversight, or failure […]

Protecting Customer Data requires a Team Effort

We facilitate the American Dream. From Realtor to the closing desk, we work together to safely and securely house the people and families in our community. This requires a lot of communication and paperwork between us, which is getting increasingly digital. Moreover, we’re communicating details about our clients financial information that, if placed in the […]

Why the Housing Market Is Slumping Despite a Booming Economy

Home prices are out of reach relative to incomes and mortgage rates. The big question for the economy is how the imbalance adjusts. By: Neil Irwin A sign pointed to an open house in Waukee, Iowa, earlier this year. Housing sales have slowed in recent months. CreditCharlie Neibergall/Associated Press These should be happy times for […]