Grant Trevithick Real Estate Pro Tips

  Grant Trevithick Carrollton Real Estate Investor with another Pro Tip on Why you need Title Insurance. I want to give you some best practices, as well as help you to avoid any potential fraud that might occur while going through the title process. Here are some best practices for buyers as they prepare to bring funds to closing:  • With wire fraud attempts escalating nationally, a cashier’s check is a safer option than a wire transfer, and generally banks have lower service fees for checks than for wires. If the title company receives the cashier’s check the day before closing, there’s likely no slowdown in the timeline for disbursements.  • If a wire is necessary based on specific logistics, it’s vital that the buyer call the title company (using a number from the company’s website, NOT from an email) to confirm instructions.  If you’re a victim of wire fraud … First and foremost, MOVE QUICKLY and take these steps:  1. Contact your bank immediately and ask fo...

  Grant Trevithick Real Estate Investor here with another pro tip. Today I want to talk about what the process is to actually buy a home. Whether you're in Dallas, Fort Worth, Irving, Addison, or any other part of Texas this advice is for you. If you live outside of Texas 90% of this will apply to you, however, I always encourage you to reach out to a Real Estate agent in your area for proper guidance. Buying a home is one of the largest financial decisions a person will make. Most banks offer home loans to their customers, but some may require a customer to have sufficient income to cover monthly payments on the home loan. A bank may also require that the buyer have good credit, which limits the number of buyers that qualify for a house loan. In this situation, a buyer's bank may offer financial assistance to his or her business in exchange for using its financing. In these instances, a buyer may be able to obtain a home loan without having sufficient income or good credit. Th...