Blog


Published: 9/19/2022

 Time for a little contest!  For adults only!  Send us your best Halloween picture in costume and be in the running for a $50 gift card, if you win!  And coming to a mailbox near you:  2022 Property Taxes.  Read more here


Published: 8/15/2022

Check out our August Newsletter!

Real Estate Hacks that could save you thousands and celebrate National Aviation Day! Read more here


Published: 7/15/2022

 Check out this month's Newsletter. Who is eligible for a VA Mortgage, National Ice Cream Day and our featured agent! Read more here


Published: 6/17/2022

The importance of an accurate legal description of the property.
The legal description of a property is the method of identifying the boundaries for that property as clearly and completely as possible.  Read more here


Published: 5/16/2022

 More news from "Russ's Corner".

Wire transfer schemes target mortgage payoffs, Secret Service warns.

The U.S. Secret Service issued an advisory warning of a drastic increase in wire transfer fraud related to real estate transactions and mortgages.  Read more...


Published: 3/21/2022

 

Legislative Update


RE: House Bill 974 (requiring real estate documents to be e-filed for recordation)

  

The Executive Committee of the Real Property Section has heard numerous concerns about House Bill 974 since it was filed in the General Assembly on January 24, 2022.  Read more



Published: 1/14/2022

 Greetings all,


We've got some exciting news we want to share soon, but first, we want to thank all of our Agent and Lender friends for our success!


A new year is upon us, signifying new beginnings and new opportunities for growth.  Read more here...



Published: 11/17/2021

 Report: Closing Fees as Percentage of Purchase Price Decreases

Countering skyrocketing home values, the title and settlement industry continues to find ways to manage homebuying fees as closing costs as a percentage of purchase price declined during the first half of 2021.


According to the latest data from Closing Corp, closing costs as a percentage of purchase prices declined to 1.03% this year, down from 1.06% in 2020.  Read more...



Published: 10/15/2021

 What is “Good and Marketable Title”?

 Paragraph B.1 of the GAR Purchase and Sale Agreement provides that the “Sellers warrants that at the time of closing Sellers will convey good and marketable title to said property…subject only to (1) zoning; (2) general utility, sewer and drainage easements of record; (3) declarations of covenants, conditions and restrictions of record; (4) leases and other encumbrances specified in this Agreement.”  Read more...



Published: 9/15/2021

 Nothing about 2021 has been what anyone expected, and this fall will be no exception. As we did in spring and summer, we’ll have to come up with new things to do in fall—fortunately, it was easy to find great spring activities and fun things to do in the summer during COVID-19.  Read more



Published: 8/13/2021

 

Celebrate V-J with us!
And get educated about Mortgage Scams

V-J Day, or Victory over Japan Day, marks the end of World War II, one of the deadliest and most destructive wars in history. When President Harry S. Truman announced on Aug. 14, 1945, that Japan had surrendered unconditionally, war-weary citizens around the world erupted in celebration.   Read more...



Published: 7/15/2021

The General Economy

Economic Update 2021/Despite the pandemic and severe weather, consumers and the housing industry signaled they were eager to put the dark winter behind them.  Read more



Published: 6/30/2021

 What Closing Costs Are Required?


When closing on a home, buyers want to save as much as they can, and sellers want to profit as much as possible, but the deal cannot close until each pays their share of closing costs.  Read more


Published: 4/21/2021

Voice of the
Title Agent survey said although 2020 was an unpredictable year, it was a profitable one. Nine in 10 said they saw their business improve from 2020, most of them saying the improvement was significant.  Read More...


Published: 2/15/2021

 Russ's Corner!  3 scenarios where it is crucial to possess an owner's title insurance policy.  It is protection for all kinds of situations you might not think could happen to your buyer.  Read more


Published: 1/18/2021

 Wishing you good times, good cheer and a memorable new year!  All of us at The Law Office of Russell C. Petersen want to thank you for your business, loyalty and support this year.  We hope to see you again in the new year!  Please check out our entire January newsletter with news from Russ's corner  Read more...


Published: 11/11/2020

 Veterans Day, honoring all who served.  Help support our local veterans.  And check out our featured agent of the month.  READ MORE



Published: 10/22/2020

 Introducing our featured Agent of the Month and some great "October" facts!  Read more


Published: 9/18/2020

More new from Russ's Corner and an introduction to our newest RCP Team member, Daniel Alvaredo....READ MORE



Published: 8/17/2020

 Our back to school wishes and more from Russ's corner on Fannie Mae!  Read more


Published: 7/21/2020

Retailers Use Empty Parking Lots for Drive-in Theaters...Read more


Published: 6/17/2020

See our featured agent of the month and meet our new team member.  Read more


Published: 4/8/2020

WE ARE NOW OFFERING 25% OFF ON SETTLEMENT FEE FOR ALL FIRST RESPONDERS IN HEALTH CARE!
First responders in health care includes EMS, hospital and health care professionals involved in the treatment and care of victims or potential victims of COVID-19. 👨‍⚕️👮‍♂️👩‍⚕️👨‍🔬👨‍🚒



Published: 3/17/2020

Now that we've moved into our new office, we invite you to get to know our staff!  Lots of growth and lots of changes.  And important news from Russ.  Read more


Published: 1/20/2020

We are so excited! We will be announcing something BIG at the end of this month. Stay tuned,... Read more