Jul 16, 2018

Proptech: Bridging the Digital World and Real Property

We are in the midst of a digital revolution, the dawning of the Information Age. Not since the industrial revolution have so many industries changed so quickly. For a variety of reasons, real estate hasn’t taken a leading role. In ...

Read more
Jun 19, 2018

How a Realtor Sold 3,556 Homes in 1 Year

Ben Caballero, a Realtor® and broker in Addison, TX, has been selling homes since 1960. But it was only in 2018 that he was inducted into the Guinness Book of World Records for achieving “the most annual home sales transactions ...

Read more
May 18, 2018

2018’s Fifty Best Markets for Realtors

The best real estate agents in the country earn over $100,000 a year. Though skill and tenacity have a lot to do with success, so does being in the right place at the right time. To that end, Fit Small ...

Read more
Apr 23, 2018

The Vintage of the Housing Stock in the Largest U.S. Cities, Ranked

Anyone can look up the date a city was founded. But what does that really say about the age of a city? St. Augustine, FL was founded in 1565 by Spanish explorers, but it’s housing stock — the age of ...

Read more
Mar 26, 2018

Spite Houses: The Long and Colorful History of Homes Built to Annoy Neighbors

Spite houses are buildings constructed or modified for the express purpose of irritating someone — usually a neighbor, but also sometimes a municipal government or the public at large. Here are a few famous examples, plus a link to an ...

Read more
Feb 16, 2018

Ancient Land Law: Title Insurance in Mesopotamia

The history of land transfer goes back to the very beginning of civilization, when humans transitioned from hunting and gathering to agriculture. With people settling in one place to grow crops rather than roaming to find food, land took on ...

Read more
Jan 23, 2018

No Couch on the Porch and Other Strange Real Estate Laws

Real estate laws are made up of federal, state, and local statutes that govern how individuals and organizations may use, develop, or transfer real property. At the state and federal levels, real estate laws are generally pretty uniform. When you ...

Read more
Dec 11, 2017

A Real Estate Carol: Meet the Ghosts of Property Past, Present and Future

If you’re familiar with A Christmas Carol, you know that Ebenezer Scrooge finally found redemption with the help of the Ghosts of Christmas Past, Present, and Future. As a property buyer, or a real estate agent representing the interests of ...

Read more
Nov 22, 2017

Say what?! Places where it’s easier to qualify for a mortgage than a lease

Yes, you read that correctly. In some markets, one needs a higher FICO credit score to rent than to buy a home, according to the resident screening service RentGrow. On a nationwide basis, the average credit score required to rent ...

Read more
Oct 10, 2017

Ensure Your Closing is Stressful in 5 Steps

Is a real estate closing stressful? It can be so stressful, apparently, that panic and dysfunctions like “the endowment effect” and “loss aversion” are possible.  When you work with a punctual and accurate abstracting firm and an experienced title insurance company, things ...

Read more
Sep 12, 2017

Will Blockchain Disrupt the Real Estate and Title Industries?

Blockchain, the technology behind Bitcoin, is a ledger system in which records take the form of time-stamped blocks and are linked together in a decentralized database. Since blockchain’s open source code was made public in 2009, it has been utilized ...

Read more
Aug 24, 2017

How One State is Solving Home Affordability

This is a story about supply and demand, about basic economic principles, and how one state is ideally situated to solve one of the greatest problems in the housing market today: lack of home affordability. Home Prices and a Stubborn Inventory According ...

Read more
Jul 17, 2017

Amazon Mysteriously Adds, Removes “Hire a Realtor” Page

If you thought Amazon couldn’t get any bigger, you’d be wrong. The internet giant appears to be poised to break into the real estate market by offering consumers the option to hire real estate agents through their professional services marketplace, ...

Read more
Jun 27, 2017

Where were the best real estate markets in May 2017?

There are many factors that affect where the best real estate markets are. Two particularly salient issues right now are inventory and affordability. Low Inventory Affecting the Best Real Estate Markets   Residential real estate inventory for sale has been at record-breaking lows ...

Read more
May 31, 2017

Historical finds are more common for builders than you’d think

Historical finds by builders during construction are more common than you might think. In 2013 alone, more than 120,000 federal projects experienced just that and had to comply with the National Historic Preservation Act. This statistic is for federal projects ...

Read more
Home inspectors Apr 25, 2017

3 Strange Stories from Home Inspectors

Last month, Ronda Kaysen wrote an interesting piece in The New York Times, “Home Inspectors on Their Weirdest Discoveries,” wherein she reveals the strangest secrets that home inspectors have uncovered on the job – from covered up failed renovation attempts ...

Read more
Mar 02, 2017

What Today’s Mortgage Delinquency Rates say about the Economy

The economy has many bellwethers, from employment figures to productivity readouts. CoreLogic, on the other hand, is taking a look at mortgage delinquency rates both before and following the housing crisis to tell us how far our economy has come ...

Read more
Dec 29, 2016

Terminating Real Estate Easements 101

An easement is a legal right that grants non-owners the ability to use or access a property for a specific purpose. Easements are often created for utility companies and public works. If you need to eliminate an easement for your ...

Read more
Dec 19, 2016

Higher Interest Rates Meet Improved Economy, Confidence & Home Values

The recent bump in the federal funds rate by the Federal Reserve will lead to a modest increase in mortgage rates for prospective homebuyers. But, that rate increase will not put a damper on the recent recovery of the housing ...

Read more
Nov 30, 2016

Three Communication Pitfalls for Commercial Brokers to Avoid

A large portion of real estate litigation revolves around broken deals — business sales, real estate transactions, and commercial property leases that have, for one reason or another, gone dead in the water. By the time legal remediation gets involved, ...

Read more
Nov 17, 2016

What Election Results Mean for 2017 Mortgage Volume

The Mortgage Bankers Association’s most recent industry forecast predicted rising interest rates in 2017 would provoke a downturn in refinance activity, while purchase originations would accelerate. However, those projections were released in October under the assumption Hillary Clinton would win ...

Read more
Oct 31, 2016

Consumers Confused by TRID’s Fee Disclosure

The primary goals that the Consumer Financial Protection Bureau (CFPB) had for the TILA-RESPA Integrated Disclosure (TRID) were to make the process of getting a mortgage easier and help consumers better understand the key features, costs, and risks of obtaining ...

Read more
Oct 15, 2016

Why Are the Most Expensive Cities Among the Most Disaster-Prone?

Mother Nature can wreak unavoidable havoc. Recent damage in the U.S. includes raging floods that swept through Louisiana, wildfires across the West Coast that forced tens of thousands from their homes, and water damage from Hurricane Matthew’s storm surge and ...

Read more
Sep 29, 2016

Judge Rules Title Insurer Not Liable for Fraudulent Client Coverage

In a significant development for title professionals across the state, a North Carolina federal judge has weighed in on insurance liability caused through fraud. The underlying dispute revolved around disingenuous property dealings between two real estate developers: after losing their ...

Read more
Sep 15, 2016

Title Insurance Defalcation — Preparing For and Responding To Financial Liability

Real estate transactions typically entail the exchange of large sums of money through several different channels. As such, even small title organizations can have temporary access to millions of dollars via an escrow account. The title insurance sector relies on ...

Read more
Aug 15, 2016

TRID Comment Period Begins: Everything Lenders Need to Know

The comment period for proposed changes to the ‘Know Before You Owe’ rule, also referred to as the TILA-RESPA Integrated Disclosures (TRID) rule, is now open. Given the laundry list of grievances the lending world has put together since ...

Read more
Jul 29, 2016

Top 10 Reasons to Have a Property Surveyed

An increasing number of lenders are telling potential homebuyers that property surveys are unnecessary. But with numerous property disputes in the news, including one that could redraw the line between Texas and Oklahoma, it’s clear that knowing the metes and ...

Read more
Jul 15, 2016

Super-Priority Liens — Municipality Over Mortgage

Did you know that, even though mortgage funds are the deciding factor in property ownership, there are certain types of liens that outrank them? These "super priority" municipal liens (SPMLs) are granted higher priority than any other, even that of ...

Read more
Jun 30, 2016

How Eco-Friendly Designs are More Affordable Than You Think

Property Accessed Clean Energy (PACE) financing has been around for awhile, and will likely only grow from here on out. It is essential in this day and age for new properties to include as many energy-efficient designs as possible, and ...

Read more
Jun 15, 2016

Retail Tenants: Getting the Benefit of ‘Exclusive Use’ Provisions

Obtaining an “exclusive use” provision in a lease agreement can be a retail tenant’s best friend - it prohibits the landlord from offering space to another tenant with the same type of retail business. For example, a coffee shop’s exclusive ...

Read more
May 31, 2016

How Inflation Impacts Rising Home Prices

The rate of core inflation is rising and poised to reach the Fed’s 2% goal. For this reason, the Fed is planning to raise the overnight cost of money, also known as the “Fed funds rate,” a number of times. ...

Read more
May 16, 2016

Non-Bank Lenders Face Significant Growth Challenges: Consolidation Likely

In a post-2008 world, the mortgage loan industry was shaken up by the appearance of non-bank-based startups that had many questioning the future of the landscape. While many of these organizations have survived and even thrived in a recovering economy, ...

Read more
Apr 30, 2016

What Co-Op Buyers and Lenders Need to Know about Title Insurance

For over a century, title insurance has been protecting both buyers and lenders from loss in the event of a valid claim against a property. To date, title insurance has become more or less universal. Buyers of co-ops, on the ...

Read more
Apr 17, 2016

Special Forms of Ownership and How They Affect a Title

In the world of title abstracts, the most common forms of ownership are sole ownership and concurrent ownership. Others forms of ownership do exist, however, and understanding them is essential. The form of ownership of any given property determines the number ...

Read more
Mar 30, 2016

Fixture Liens & Fixture Disputes 101

The Latin phrase “quicquid plantur solo, solo credit” means that what is attached to the land becomes part of the land.  That may seem fairly straightforward, but determining what items are fixtures (improvements to real property like air conditioners, solar ...

Read more
Mar 14, 2016

Title Abstract FAQ: What You Need to Know

What is a title abstract? A title abstract is a history of the titles to a piece of land. It uses public records to list all legal actions and claims related to a piece of property, including transfers, wills, grants, conveyances, ...

Read more
Feb 26, 2016

Join Us in Helping LA Tornado Victims

Vicious tornadoes swept through southeast Louisiana on Tuesday, destroying over 100 buildings, injuring dozens of residents, and killing two. As we have done in the past, the Punctual Abstract Disaster Relief Group is partnering up with former Saints player John ...

Read more
Feb 15, 2016

Understanding the Most Common Loan Application Errors

As the TILA-RESPA Integrated Disclosure (TRID) grace period draws to a close, compliance needs to be a top priority for lenders. Most pertinent for those in the secondary market is the fact that many investors are refusing to buy mortgage ...

Read more
Jan 29, 2016

TRID and the Title Industry — 3 Key Challenges

Up and down the real estate pipeline, the recent TRID (TILA-RESPA Integrated Disclosure) ruling is making big changes. What does this mean for title professionals? First and foremost, rapid adjustment to a new landscape. In the fall of 2013, the Consumer ...

Read more
Jan 21, 2016

Welcome to Punctual Abstract

Welcome to Punctual Abstract! We are one of the largest abstracting firms in the Gulf South region. In an effort to keep lenders, title companies, and national abstractors informed of the latest news, we’ll now be publishing blogs on a ...

Read more

Learn More

All Fields are required