Omaha Title & Escrow

Don't get stuck with a stapler ... Give Omaha Title & Escrow a call today

2012-02-09T16:41:00.000-06:00

Working in an office the movie Office Space is often talked about and quoted. Remember Milton and his stapler?

Bill: "Milt, we're gonna need to go ahead and move you downstairs into storage B. We have some new people coming in, and we need all the space we can get. So if you could just go ahead and pack up your stuff and move it down there, that would be terrific, OK?"
Milton: "Excuse me, I believe you have my stapler... " Don't get stuck with a Milton.

New Staplers for everyone ... wait, how about no more staplers? Getting excited? We are excited about new technology this year, and can't wait to tell you about it. Omaha Title is going green with our iPhone/iPad app, Android mobile app and our mobile website. Did you also know our title department is completely paperless, and this year our escrow file will be paperless as well? Access your files the way you want anytime anywhere.

Contract reminder of the month - February 2012

2012-02-06T13:54:00.002-06:00

Heartfelt Legals

Does your heart skip a beat when you have to amend a purchase agreement for preventable clerical mistakes? An agreement for the sale of real property is unique in the eyes of the law and thus the requirements to have an enforceable purchase and sale agreement for real property are significant. Among other requirements, the statute of frauds requires an agreement to contain a legally enforceable description of the real property. Agreements for the sale of real property that fail to comply with the statute of frauds are unenforceable. The reason behind this rule of law is to prevent individuals or entities from fraudulently claiming they entered into a real estate sales contract.

Real property, as distinguished from personal property, can be loosely defined as land. Real property encompasses the surface and everything attached (that is, Buildings), everything below the surface (such as minerals) and the airspace above the surface up to a certain altitude. Maintaining accurate property records and conveyances requires a uniform methodology for physically describing real property across different jurisdictions.

The listing agreement is a contract between the seller and the listing broker. It sets out the conditions of the listing and begins the foundation for the sale. While the details of the agreement should be negotiated, a listing agreement for land and improvements must include an accurate legal description. The county websites do not always provide a complete or correct legal description. You can find useful and accurate listing information by contacting Omaha Title. You can submit a request to our team at ts_listinginfo@omahatitle.com. Include the property address, County, specific information you are looking for, need by date, your name and email address. Your heart will be happy to find out that Omaha Title provides listing information for no cost.

Endorsement of the month - February 2012

2012-02-06T11:23:00.000-06:00

Keep your property "healthy" with the Commercial Environmental Protection Lien Endorsement (ALTA Endorsement 8.2-06) This endorsement insures against existing recorded federal and state environmental protection liens.

ALTA Endorsement 8.2-06 (Commercial Environmental Protection Lien) (10/16/08)

ENDORSEMENT

Attached to Policy No.

Issued by

STEWART TITLE GUARANTY COMPANY

The Company insures against loss or damage sustained by the Insured by reason of an environmental protection lien that, at Date of Policy, is recorded in the Public Records or filed in the records of the clerk of the United States district court for the district in which the Land is located, unless the environmental protection lien is set forth as an exception in Schedule B.

This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.

STEWART TITLE GUARANTY COMPANY

Copyright 2006-2011 American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

PC vs. Mac PC spoof ...

2012-01-24T19:19:00.000-06:00

Sure, we could compare PCs to Macs. But we make it a point to never argue about religion. So I guess the guestion is are you a PC or Mac? More Importantly are you for The Other Title Company or Omaha Title?

We are having some fun over here at Omaha Title. Throughout the rest of the year we will be doing a series of the PC vs. Mac spoof videos. Your Other Title Company VS. Omaha Title & Escrow. With all the cool technology at Omaha Title we can't imagine a better way to tell you all about it.

Omaha Title & Escrow continues to be on the forefront of technology and servicing our customers. Connecting with Real Estate agents the way you want to be communicted with. Mobile websites, apps, texting, etc. Omaha Title is the complete package.

Remember today is the tomorrow you worried about yesterday. Let us worry about tomorrow ...

Endorsement of the Month: January 2012 - Zoning

2012-01-24T10:00:00.001-06:00

Endorsement of the Month!!!! ALTA 3.1-06 (Zoning w/ Completed Structure): Insures that a property and it's current use(s) are in compliance with the relevant municipal zoning ordinances and classifications.

ENDORSEMENT

Attached to Policy No.

Issued by

STEWART TITLE GUARANTY COMPANY

1. The Company insures against loss or damage sustained by the Insured in the event that, at Date of Policy,

a.   according to applicable zoning ordinances and amendments, the Land is not classified Zone _____________________;
b.   the following use or uses are not allowed under that classification:
c.   There shall be no liability under paragraph 1.b. if the use or uses are not allowed as the result of any lack of compliance with any conditions, restrictions, or requirements contained in the zoning ordinances and amendments, including but not limited to the failure to secure necessary consents or authorizations as a prerequisite to the use or uses. This paragraph 1.c. does not modify or limit the coverage provided in Covered Risk 5.

2. The Company further insures against loss or damage sustained by the Insured by reason of a final decree of a court of competent jurisdiction

a.   prohibiting the use of the Land, with any existing structure, as insured in paragraph 1.b.; or
b.   requiring the removal or alteration of the structure on the basis that, at Date of Policy, the zoning ordinances and amendments have been violated with respect to any of the following matters:
i.    Area, width, or depth of the Land as a building site for the structure
ii.    Floor space area of the structure
iii.   Setback of the structure from the property lines of the Land
iv.   Height of the structure, or
v.   Number of parking spaces.

3. There shall be no liability under this endorsement based on

a. the invalidity of the zoning ordinances and amendments until after a final decree of a court of competent jurisdiction adjudicating the invalidity, the effect of which is to prohibit the use or uses;
b. the refusal of any person to purchase, lease or lend money on the Title covered by this policy.

The Power of Xobni Through the Eyes of Omaha Title

2012-01-09T15:41:00.005-06:00

“Xobni” which is inbox spelled backwards creates rich profiles for every person you've communicated with through your Outlook email account. Xobni displays relationship statistics, contact information, threaded conversations, shared attachments, and information on a given contact which is pulled from social networks such as LinkedIn, Facebook, and Twitter. This tool is very handy when prospecting for business or having more meaningful conversations without having to leave your email account. I have used Xobni for a couple years now and it has really helped me take back my inbox by providing some organization and rich data about the people that I communicate with via email. Xobni has a free version of their software that can be downloaded at www.Xobni.com. When downloading the software it will index your entire email account to organize and gather meaningful data about those who you connect with through email. It appears that Xobni has several versions of their software in beta testing on the Gmail, Android and iPhone platforms.

I hope you found this info valuable and if you have any questions, please feel free to reach out to me via email/phone or text.

Author ~ Rob Wiebusch – VP of Ops, Omaha Title & Escrow

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Omaha Title & Escrow

2011-12-07T22:12:00.000-06:00

Established in 1993 Omaha Title & Escrow started in Omaha Nebraska with a few key employees. Through the years Omaha Title & Escrow has grown to employ over 50 employees throughout Nebraska and Iowa, and have the ability to search in 17 counties. While maintaining a quick turnaround time on all orders. We started by taking orders over the phone to receiving them electronically into a new paperless world. We are dedicated to providing superior customer service and maintaining innovative technology.

Omaha Title & Escrow has the knowledge, experience and integrity to provide exceptional title and escrow services to our clients. Working with residential and commercial real estate and handling 1031 exchanges, we provide innovative products to buyers, sellers and their attorneys; lenders; agents; engineers; surveyors; and national title insurance underwriters to make each transaction flow as fluidly as possible for all involved parties.