Page 2 - Oregon Title and Escrow Resource
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Table of Contents
Table of Contents i
Contact Information ii
OLD REPUBLIC TITLE 1
Why Old Republic Title? 1
Services We Provide 3
ESCROW 5
What is Escrow? 5
How Does Escrow Work? 6
Buyer’s Checklist 7
Seller’s Checklist 9
Top 10 Things Consumers Should Know About the Closing Process 11
Beware of Wire Fraud 14
PRELIMINARY TITLE REPORT 15
Preliminary Title Reports — Some Basics 15
TITLE INSURANCE 19
What is Title Insurance and How Does It Work? 19
Frequently Asked Questions About Title Insurance 21
Common Ways of Holding Title 23
CLOSING COSTS 24
Examples of Additional Closing Costs 24
Common Property Taxes 25
FIRPTA Withholding Rule 26
REAL ESTATE DICTIONARY 27
Financial Ratings 37
