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Mid-American Title keeps you up to date with the latest news and trends in the industry.
Common VA Loan Misconceptions We sit down with Ben Williams from Benchmark Mortgage to go over some additional common questions involved in VA Loans.
As the metaverse expands, the conversation around digital “land ownership” is becoming more prevalent. Major brands are already cementing their place in the metaverse, but what does this mean for individuals looking to stake their claim in the digital world? Will this digital land rush be more of a boom or a bubble in [...]
Short-Term-Rental ban's no longer to be allowed The Michigan House has passed a bill that would remove some restrictions on short-term vacation rentals, allowing more homeowners to operate Airbnbs. House Bill 4722 passed the House 55-47 during an extended session early Wednesday. If it is passed by the state Senate and signed by [...]
Land Contract FAQs - What do I need to know about Land Contracts? What is a Land Contract? An agreement between a buyer (vendee) and seller (vendor) that states that a buyer is purchasing property, but will not receive the legal title until the debt is paid. The land contract must be in [...]
Sold Rush: The people behind the scenes of the region’s 2020 real estate boom Record December 2020 home sales in the Grand Traverse area tipped total sales figures over $1 billion, setting records for both number of homes sold in a single year (3,455 homes) and total single-year sales value ($1,220, 513,667). Factors [...]
Land Parcel Splits, Contiguous Parcels and Contiguous Lots Sale and Transfer of Title Mid-American Title receives quite a few calls regarding Land Parcel Splits and the sale of those parcel. We also receive many calls about selling contiguous parcels of land or lots that are vested (owned) by the same person(s) or entity. [...]
EXECUTIVE ORDER No. 2020-41 LANSING, Mich. -- Today, Governor Gretchen Whitmer signed Executive Order 2020-41, which will protect the health and safety of Michiganders by reducing unnecessary in-person contact, through the use of electronic signatures, remote notarizations, remote witness attestations and acknowledgments, and remote visitations. Executive Order 2020-41 is effective immediately and continues through May 6, 2020 at 11:59 pm. "It [...]
COVID 19 UPDATE As you are probably already aware Governor Whitmer has given Executive Order No. 2020-21, a.k.a. "Stay Home, Stay Safe". This order effects many "non-essential" businesses and workers, as it orders them to stay home. You can read more on what qualifies as "essential vs non-essential" here. Mid-American Title has been [...]
$221M Lost to Wire Transfer Fraud in 2019 Incidents and losses due to real estate wire fraud continue to increase, according to the FBI’s 2019 Internet Crime Report. The report shows there were 11,677 victims in 2019 with $221 million in losses. This compares to 11,300 reported victims and $150 million in losses [...]
Trump administration asks Supreme Court to limit CFPB’s independence The Trump administration is urging the U.S. Supreme Court to give the president more control over the Consumer Financial Protection Bureau, the agency that regulates mortgages and credit cards. Asking the court to take up a pending appeal, Trump administration lawyers said the Constitution [...]
