Mortgage Matters: Demystify Title, Escrow, and Homebuyer Protection with Stewart Title

Roland and Heidi discuss the importance of Title and Escrow in home buying. They introduce guests Desiree Holmes and Brian Holland from Stewart Title. Desiree explains her role as an escrow officer, emphasizing the neutrality of Title and Escrow services. They address wire fraud prevention, stressing the importance of verifying wire instructions. Brian highlights Stewart Title's 132-year history and the necessity of title insurance, which protects both lenders and owners. They also discuss FIRPTA, a 15% tax on purchases from foreign sellers, and the importance of proper title vesting to avoid probate. Contact information for further questions is provided.