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All About Titles with Rock Realty · Ask The Experts

• 0:04
  Speaker 1: Thirteen ten Wi b A and asked the experts. Brought
• 0:08
  Speaker 1: to you this morning by Rock Realty Online, Rockwisconsin dot com.
• 0:12
  Speaker 1: That's our o ck Wisconsin dot com, great website resource.
• 0:15
  Speaker 1: We've been looking for something fun to do today. If
• 0:17
  Speaker 1: you're at the office, I won't tell your boss.
• 0:19
  Speaker 2: We'll keep it secret between us.
• 0:21
  Speaker 1: Head on over to Rockwisconsin dot com. Check out some
• 0:23
  Speaker 1: of the great listings again where they're looking to buy,
• 0:25
  Speaker 1: looking to sell, looking to sell to buy, anything like that.
• 0:28
  Speaker 2: Matt, the team at Rock.
• 0:29
  Speaker 1: Realty would love to talk to you, love to work
• 0:31
  Speaker 1: with you. Speaking of Matt, joining us in studio this
• 0:33
  Speaker 1: morning is Matt Heyman with ROCKREALTEA.
• 0:35
  Speaker 3: Matt, how you been good? And good morning, Sean, how
• 0:37
  Speaker 3: are you not.
• 0:37
  Speaker 2: Doing really good?
• 0:39
  Speaker 1: You keep bringing these If these were songs, they'd be
• 0:42
  Speaker 1: called bangers. You keep bringing these beautiful homes to us
• 0:47
  Speaker 1: each and every week, and this week no exception with
• 0:50
  Speaker 1: our featured listing, and we'll talk about that and just more.
• 0:52
  Speaker 1: We're going to talk this week also about title companies.
• 0:55
  Speaker 1: We've got a special guest in studio. Will introduce her
• 0:57
  Speaker 1: in just a moment, But first Matt I mentioned the
• 0:59
  Speaker 1: website Wisconsin dot com. I haven't mentioned rocklistings dot Com
• 1:03
  Speaker 1: and real quick, you guys have a great promotion going
• 1:06
  Speaker 1: on with totally spaced out and people can get all
• 1:09
  Speaker 1: the details at rocklistings dot Com, can't they.
• 1:11
  Speaker 4: Yeah, this is a brand new promotion started the spring
• 1:13
  Speaker 4: and we're getting good feedback on it. If you visit there.
• 1:17
  Speaker 4: We've got some information on how you can get mobile
• 1:21
  Speaker 4: storage provided with your next purchaser sales. So have a
• 1:25
  Speaker 4: storage container dropped off at your at your house right
• 1:27
  Speaker 4: in the driveway, fill it up at your leisure and
• 1:30
  Speaker 4: then they will pick it up either stored or bring
• 1:33
  Speaker 4: it right to the next place.
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  Speaker 2: What a great promotion.
• 1:35
  Speaker 1: That is all the details at rocklistings dot com. That's
• 1:39
  Speaker 1: rocklistings dot Com.
• 1:41
  Speaker 2: Matt, let's start.
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  Speaker 1: Let's start off talking about this week's featured listing and
• 1:45
  Speaker 1: a beautiful, beautiful home. You know we always talk about
• 1:48
  Speaker 1: some of these great neighborhoods. Another fantastic neighborhood as well.
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  Speaker 1: This house right in Stote. It looks to be quite
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  Speaker 1: quite not only newer, but well maintained. Let's talk about
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  Speaker 1: this home on the Larviick Drive.
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  Speaker 4: What Larviick Lane seven seventeen Larwick Lane in the great
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  Speaker 4: city of Stouton.
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  Speaker 3: You know, this has got.
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  Speaker 4: Everything that you'd want. I mean, in my opinion, you've
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  Speaker 4: got twenty eight hundred square feet, you've got almost a
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  Speaker 4: third acre.
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  Speaker 3: Four bedrooms, three and a half pass.
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  Speaker 4: That means three shower head shown that's three shower heads.
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  Speaker 4: So no, it's it's an awesome place, and it's got
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  Speaker 4: great curb appeal. It's one of those places that you
• 2:30
  Speaker 4: can buy and probably stay for quite a while. I
• 2:32
  Speaker 4: would think, until you need to downsize.
• 2:34
  Speaker 2: Three car garage.
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  Speaker 3: Three car garage, Oh well, I have two when you
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  Speaker 3: can have three.
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  Speaker 1: It also has and one of the things I really
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  Speaker 1: like about a two matt is an actual porch, like
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  Speaker 1: an actual like you can walk up, you can sit
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  Speaker 1: on a chair at the front entry way.
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  Speaker 2: You don't see a lot.
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  Speaker 1: And I don't know if this is I've heard from
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  Speaker 1: folks in construction that they're coming back, but for a while,
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  Speaker 1: they're hard to find a nice porch to. You know,
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  Speaker 1: you don't always the neighbors in when they stop by.
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  Speaker 1: It's nice to have a porch. You can stand out
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  Speaker 1: there and talk with them.
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  Speaker 4: Yeah, I agree, I mean it does it does seem
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  Speaker 4: to be making a comeback. I don't know how many
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  Speaker 4: people use it or how many people just like to
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  Speaker 4: decorate it, but either way, it's making a comeback.
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  Speaker 1: It is a win win, beautiful, beautiful home again right
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  Speaker 1: on Larwick Lane and Stone. Of course, Patrick is the
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  Speaker 1: listing agent on this. Patrick College and give him a
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  Speaker 1: call six So wait three three to two twenty one
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  Speaker 1: seventy one. That's three three to two twenty one seventy
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  Speaker 1: one for Patrick. Say hey, Patrick, I want to see
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  Speaker 1: this beautiful house in Stone. Of course you can see
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  Speaker 1: it as well at Rock Wisconsin dot com. That's Rock
• 3:33
  Speaker 1: roc K Wisconsin dot com. And Matt, we are not
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  Speaker 1: alone this week. We've got you brought along a special guest.
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  Speaker 3: This morning we did.
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  Speaker 4: Yeah, we get Mary Beth. Marybeth call from Nation's Title
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  Speaker 4: is with us today.
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  Speaker 2: Born and Marybeth.
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  Speaker 5: Morning, Sean, how are you?
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  Speaker 2: Oh, I'm doing well. Great to see you.
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  Speaker 5: Thank you for having me, Thank you.
• 3:51
  Speaker 2: For coming in this morning.
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  Speaker 1: And Matt, let's talk about kind of the role with
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  Speaker 1: you and Marybeth, and you know, for you working with
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  Speaker 1: a title company, what's that like and what's relationship working
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  Speaker 1: with Marabet?
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  Speaker 4: Yeah, we try to partner with the best companies around, right,
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  Speaker 4: And so we chose Nations Title. We've worked with a
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  Speaker 4: number of title companies and you know, we like Nations
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  Speaker 4: because they make the process easy, right, and you know,
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  Speaker 4: it's it's pretty insane the amount of work they do
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  Speaker 4: on the title side. It's more than just title insurance.
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  Speaker 4: You know, they'll have closers that are putting together all
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  Speaker 4: the debits and the credits, right, and they're going to
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  Speaker 4: be calling and getting utility figures, and they're gonna be
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  Speaker 4: calling and getting loan balanced payoffs just to make sure
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  Speaker 4: that everybody's getting the right amount of money. And they're
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  Speaker 4: coordinating with the lenders. So you know, they've been a
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  Speaker 4: partner with us for a number of years now and
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  Speaker 4: it's it's been a smooth partnership for us and our clients.
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  Speaker 1: Should be a great, great program, a lot of great
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  Speaker 1: information ahead. And Marybeth, before we start talking about the
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  Speaker 1: day to day life of somebody working in a title company,
• 4:52
  Speaker 1: what about you?
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  Speaker 2: Are you a Madison Natives. What's kind of your background?
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  Speaker 5: I grew up in Middleton, Godsend, so I've lived here
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  Speaker 5: my entire life. Life now to live into forest, but
• 5:03
  Speaker 5: I've been doing this for Oh gosh, yeah, it's getting
• 5:08
  Speaker 5: close to forty. I think. So I started when I
• 5:10
  Speaker 5: was five.
• 5:10
  Speaker 2: I'd say started very young.
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  Speaker 1: Yeah, you seem to pick good, good areas to going
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  Speaker 1: from Middleton to to Forest I and there's it's like
• 5:18
  Speaker 1: the I've got to guess you've seen some some changes.
• 5:21
  Speaker 1: I drive through like Middleton once in a while now
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  Speaker 1: and I'm like, wait where am I?
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  Speaker 5: Yeah, we actually sold our house in Wanta Key a
• 5:28
  Speaker 5: few years back, so Wanta Key's like.
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  Speaker 2: Oh that's yeah.
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  Speaker 5: Yeah major downsized, Yeah, yeah, a downside.
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  Speaker 1: Find that place and probably worked with Matt Rock talking
• 5:41
  Speaker 1: this morning. Wow Mary Beth is with Nation's Title. Of course,
• 5:44
  Speaker 1: Matt Heypeman with Rock Realty as well, going to talk
• 5:47
  Speaker 1: this week about title companies and Mariabeth For folks that
• 5:50
  Speaker 1: don't know what exactly when it comes to title insurance,
• 5:53
  Speaker 1: what's covered, what's its purpose, what's its role?
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  Speaker 2: What do we need to know? There?
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  Speaker 5: So many years when I got into the bus business,
• 6:00
  Speaker 5: a gentleman explained kind of title insurance because it gets
• 6:04
  Speaker 5: a little complicated, almost like your homeowners insurance fine print.
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  Speaker 5: Said to me, your title insurance ensures you for what
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  Speaker 5: happens in the future. It's a one time fee that
• 6:14
  Speaker 5: you pay if you refinance, if you sell your property
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  Speaker 5: and your homemoders Insurance ensures you for what happens in
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  Speaker 5: the future.
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  Speaker 4: Also the past for the title comfort title insurance, so
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  Speaker 4: you're you.
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  Speaker 5: Know what happens in your past, Like if you refinanced,
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  Speaker 5: you're going to have a different mortgage than you had
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  Speaker 5: when you first purchase your property. We search judgments for
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  Speaker 5: buyers and sellers to see if there are any There's
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  Speaker 5: a lot put into searching title insurance.
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  Speaker 1: It's interesting you mentioned like judgments and everything. I was
• 6:47
  Speaker 1: just talking with a colleague down in Edgerton about her property.
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  Speaker 2: Also she discovered.
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  Speaker 1: That some company had had a lean on on her property.
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  Speaker 1: Is that the type of thing you would uncovered.
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  Speaker 5: Yeah. So we have a situation currently going on where
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  Speaker 5: when they there were two condos, they're side by side condos,
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  Speaker 5: and they discovered that the mortgages are on the condo
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  Speaker 5: that the people are selling from a different owner. Is
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  Speaker 5: it very common? No, but it took a long time
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  Speaker 5: to catch So we're working through that with It's complicated,
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  Speaker 5: but you got to you got to get them removed,
• 7:26
  Speaker 5: you got to get leans removed before you can sell
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  Speaker 5: a property.
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  Speaker 2: You do the work of saints.
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  Speaker 1: By the way, because as you're talking about this, it's
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  Speaker 1: it's these are real people, real live, really important work
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  Speaker 1: that you're doing.
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  Speaker 2: But it also sounds like it's a.
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  Speaker 1: Lot of hard work and a lot of research and
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  Speaker 1: a lot of pouring over data and understanding laws and
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  Speaker 1: possession and these type. Do you spend a lot of
• 7:53
  Speaker 1: time like staring at a computer stream, like working through
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  Speaker 1: all the stuff you and the team, well.
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  Speaker 5: Fortunately I had done that, dabbled in a little searching,
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  Speaker 5: but it really takes people that understand it. We have
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  Speaker 5: some amazing title staff that yes, they are searching over documents.
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  Speaker 5: Searches could take you know, you have to go back
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  Speaker 5: forty to sixty years on purchases. You have to really
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  Speaker 5: go back. You got to know what you're looking for.
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  Speaker 5: And yeah, they are staring at a screen looking at
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  Speaker 5: something and.
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  Speaker 3: You have to understand the legally, that's a big deal.
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  Speaker 5: You have to understand what to put on, what not
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  Speaker 5: to put on. You know. Common thing for judgments are
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  Speaker 5: people like have a common last name, will just say Smith,
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  Speaker 5: which there are thousands of Smiths. So sometimes you show
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  Speaker 5: stuff and people are like, these aren't mine, and it's
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  Speaker 5: it's the only way that you know, these judgments get
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  Speaker 5: paid in some cases if you sell a piece of
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  Speaker 5: property or you're buying a piece of property.
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  Speaker 1: That is fascinating talking this morning with Mary Vetshi is
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  Speaker 1: with Nation's Title. Of course, I've got offices in Middleton,
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  Speaker 1: east side of Madison, Stote in Janesville as well. Of
• 9:01
  Speaker 1: course Rockrealty brings you ask the experts here on thirteen
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  Speaker 1: ten WIBA. You can learn more about Rock Realty online
• 9:07
  Speaker 1: Rockwisconsin dot com. That's roc K Wisconsin dot com. Their
• 9:11
  Speaker 1: telephon number six O eight six seven three fifty four hundred.
• 9:14
  Speaker 1: That's six oh eight six seven three fifty four hundred.
• 9:17
  Speaker 1: Speaking of telephone numbers, I got questions for Mary Beth.
• 9:19
  Speaker 2: I want to learn more.
• 9:20
  Speaker 1: About title or you've got a question about titles. Of course,
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  Speaker 1: their telephone number is six oh eight eight one nine
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  Speaker 1: eighty six eighty eight. That's eight one nine eighty six
• 9:28
  Speaker 1: eighty eight.
• 9:29
  Speaker 2: And Marybeth costs.
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  Speaker 1: People say, oh, this is obviously something that you want
• 9:33
  Speaker 1: to have done. I think probably required a lot of
• 9:36
  Speaker 1: cases to have done. What does it cost, who pays?
• 9:38
  Speaker 1: How does that all work. Now's that break down.
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  Speaker 5: So in the state of Wisconsin, if you sell a
• 9:42
  Speaker 5: piece of real estate in Wisconsin, the owner's coverage, which
• 9:47
  Speaker 5: is to ensure the new and or clear title, is
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  Speaker 5: paid for by the sellers. In other states that is different.
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  Speaker 5: Sometimes the buyers pay for it, or it's a choice.
• 9:56
  Speaker 5: All the rates are filed with the commissioner in for instance,
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  Speaker 5: like the state of Wisconsin, and they're determined by our underwriters.
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  Speaker 5: So they're filed rates, and there's just you can't differ
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  Speaker 5: from them anymore. You can't go up or down, you know.
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  Speaker 4: And that means like it's the same rate regardless of
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  Speaker 4: who you used throughout the state.
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  Speaker 5: Yes, wow, Yes, there are rare. Yeah, there are discounts
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  Speaker 5: if you have prior policies from previous title companies they
• 10:26
  Speaker 5: give you the underwriters give you fifteen, some do twenty.
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  Speaker 5: Most of them are fifteen now, but commonly all the
• 10:31
  Speaker 5: underwriters are within you know, the filed rates. They're all
• 10:35
  Speaker 5: pretty much the same. There are some minor differences, but
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  Speaker 5: most of them are the same.
• 10:40
  Speaker 1: So with costs being relatively equal, Matt, this kind of
• 10:44
  Speaker 1: comes back to you. Obviously, we talk with we're talking
• 10:47
  Speaker 1: with Mary about this morning at Nation's Title. You mentioned
• 10:50
  Speaker 1: you work with Mary about the Nation's Title quite a bit.
• 10:53
  Speaker 1: Obviously the differentiation isn't cost, there's other reasons. Let's talk
• 10:57
  Speaker 1: about some of the benefits of working with from your
• 10:59
  Speaker 1: person afective Nations Title and Marybeth, what are some of
• 11:02
  Speaker 1: those great benefits for you?
• 11:04
  Speaker 4: Yeah, I would say, I mean, what it comes down
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  Speaker 4: to is a service number one, right, great service and communication, right,
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  Speaker 4: and those kind of go hand in hand. However, you
• 11:13
  Speaker 4: can have great service and have never heard from the
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  Speaker 4: title company until practically closing days, right, So it's nice
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  Speaker 4: to have a company that deals with the details, that
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  Speaker 4: knows to be on the lookout for certain red flags,
• 11:25
  Speaker 4: will follow up just to make sure that they have
• 11:28
  Speaker 4: everything correct on the closing statement well before it's panic time.
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  Speaker 4: And so yeah, they're they're very good at communicating and
• 11:36
  Speaker 4: you know, they tend to give us the smoothest transactions,
• 11:39
  Speaker 4: which helps helps us.
• 11:41
  Speaker 2: Yeah.
• 11:41
  Speaker 3: Right, Yeah, so that's Nations for you.
• 11:44
  Speaker 2: Yeah, that is fantastic.
• 11:46
  Speaker 1: Here talking this morning of course with Matt Heyman of
• 11:48
  Speaker 1: Rock Realty and Mary Beth at Nation's Title, talking this
• 11:51
  Speaker 1: week about title companies and what exactly they do and
• 11:54
  Speaker 1: why they are so important. We're going to talk a
• 11:56
  Speaker 1: little bit more about about title companies wire fraud. Obviously,
• 12:00
  Speaker 1: the fraud is out there, and UH, with the digital age,
• 12:03
  Speaker 1: it becomes more common, more complex. We'll talk with Marybeth
• 12:06
  Speaker 1: about some of the details on that. Will also take
• 12:08
  Speaker 1: a look some of the other great features of this
• 12:09
  Speaker 1: week's featured listening. We'll do all of that in just
• 12:11
  Speaker 1: a moment. In the meantime, Ben to the website yet
• 12:14
  Speaker 1: get there right now, Rock Wisconsin dot com. That's r
• 12:17
  Speaker 1: ock Wisconsin dot com. For Rockrealty, there's tephone number six
• 12:20
  Speaker 1: o' eight six seven three fifty four hundred. That's six
• 12:22
  Speaker 1: oh eight six seven three fifty four hundred. More of
• 12:25
  Speaker 1: asked the experts with Matt Heyman and Rockrealty. That comes
• 12:27
  Speaker 1: your way next right here in thirteen ten wib.
• 12:30
  Speaker 6: A thirteen ten WI b A and ask the experts.
• 12:44
  Speaker 1: Hanging out this morning with our friends from Rockrealty. We
• 12:46
  Speaker 1: got Matt Heyman and Matt brought along Marybeth with Nations
• 12:49
  Speaker 1: Title talking this week about title companies and UH mentioned
• 12:53
  Speaker 1: the website rock Wisconsin dot com.
• 12:55
  Speaker 2: It's a great website, and we.
• 12:56
  Speaker 1: Also talked a little bit earlier about rocklistings dot Com.
• 12:58
  Speaker 1: One of the really cool things that they're offering at
• 13:01
  Speaker 1: Rock Realty is a partnership with totally spaced Out.
• 13:04
  Speaker 2: They drop off a.
• 13:05
  Speaker 1: Container you can move your stuff at your leisure and
• 13:08
  Speaker 1: of course they can get it from your new home
• 13:10
  Speaker 1: or your old home to your new home or if
• 13:11
  Speaker 1: you've got a transition period you want to have it
• 13:13
  Speaker 1: in storage for a while. They've got you covered all
• 13:15
  Speaker 1: the details on that promotion right at rocklistings dot Com.
• 13:19
  Speaker 1: That's Rocklistings dot Com and Matta. As we left that
• 13:23
  Speaker 1: last segment, we're going to talk in a moment with
• 13:25
  Speaker 1: Marybeth about wirefraud and some of the other things to
• 13:29
  Speaker 1: be looking out for in some of the work that
• 13:30
  Speaker 1: they do at Nations Title. But you were talking about
• 13:33
  Speaker 1: kind of working with Mary bethn working with the team
• 13:36
  Speaker 1: at Nation's Title. When it comes to your clients, when
• 13:39
  Speaker 1: it comes to buyers and sellers, how much interaction do
• 13:42
  Speaker 1: they have between you and the title company? What like
• 13:46
  Speaker 1: Like let's say I'm buying a home, would I have
• 13:47
  Speaker 1: any contact with the title or are you kind of
• 13:50
  Speaker 1: that intermediary for everything out?
• 13:51
  Speaker 2: Does that work?
• 13:52
  Speaker 4: Yeah, it's a good question. I mean, for most things,
• 13:54
  Speaker 4: we're more of an intermediary. But when it comes to
• 13:57
  Speaker 4: the title company, I then they are like they will
• 14:00
  Speaker 4: need different.
• 14:00
  Speaker 3: Authorizations and such.
• 14:02
  Speaker 4: Right, they're gonna they're gonna need permission to, you know,
• 14:05
  Speaker 4: as you as a seller, permission to contact the mortgage
• 14:07
  Speaker 4: company and find out what the payoff is for the loan. Right,
• 14:10
  Speaker 4: They're gonna need maybe permission to contact some of the
• 14:14
  Speaker 4: local utilities and figure out, you know, what the final
• 14:18
  Speaker 4: utility bill should be or propane things like that. So
• 14:22
  Speaker 4: there is a connection, you know, nearer to closing, they
• 14:24
  Speaker 4: try to try to get all that information down on
• 14:26
  Speaker 4: the ledger and make sure everybody comes out straight and true.
• 14:29
  Speaker 1: Is every purchase involved a title company every transaction.
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  Speaker 4: In Wisconsin it is a title company state versus like
• 14:37
  Speaker 4: I think in Illinois they use attorneys and it's a
• 14:41
  Speaker 4: little sloppy.
• 14:41
  Speaker 5: In Illinois. It's like attorney driven state Wisconsin. You know,
• 14:45
  Speaker 5: railtors direct, the seller directs where the title insurance goes.
• 14:49
  Speaker 5: But not like years ago, used to a lot of
• 14:52
  Speaker 5: people had attorneys. Not so much anymore.
• 14:56
  Speaker 1: Are people coming in on closing day, Marybeth, And that
• 14:58
  Speaker 1: is that kind of the day where they're signing. Are
• 14:59
  Speaker 1: they coming into you and signing everything? Or am I
• 15:01
  Speaker 1: am I off on that?
• 15:03
  Speaker 5: Nope, you are correct. You know a lot of times
• 15:05
  Speaker 5: sellers might pre sign. You know, when COVID came along,
• 15:08
  Speaker 5: we have now it's called remote online. We use proof
• 15:14
  Speaker 5: or it's also known as notarized, which was approved. There's
• 15:18
  Speaker 5: other sites, but it was approved by the state of Wisconsin,
• 15:21
  Speaker 5: and so a lot of people do that.
• 15:22
  Speaker 4: But you know, do you have to use your driver's
• 15:24
  Speaker 4: license for that? Yeah, and like hold it up to
• 15:26
  Speaker 4: the camera or what do you got to do that?
• 15:29
  Speaker 5: I mean, it's all secure, but I mean you got
• 15:32
  Speaker 5: to verify, you know, I DS and so on and
• 15:35
  Speaker 5: so forth. But usually, you know, buyers and sellers do
• 15:38
  Speaker 5: come and we're a table funding state, so we sit
• 15:41
  Speaker 5: at the table and you know from the transaction. We're
• 15:44
  Speaker 5: in California, everything is held in escrow.
• 15:47
  Speaker 4: And during COVID, though, there were times we were signing
• 15:49
  Speaker 4: on top of cars, right because you couldn't be indoors,
• 15:52
  Speaker 4: so you know, yeah, that was the.
• 15:54
  Speaker 5: That was signing. I'm outside there inside with the door bidding.
• 15:59
  Speaker 2: It through the mail slot exactly.
• 16:01
  Speaker 3: It was interesting.
• 16:02
  Speaker 5: It got kind of crazy people some of the places
• 16:05
  Speaker 5: were washing their pens, just got cheap ones through. Yeah,
• 16:09
  Speaker 5: it got really creative.
• 16:11
  Speaker 2: That is, that is fascinating stuff.
• 16:13
  Speaker 1: Talking this week, of course with Matt Hygeman of Rock Realty,
• 16:16
  Speaker 1: joined by Mary Bethwick. Nations Title of course, I've got
• 16:18
  Speaker 1: offices in Middleton, east side of Madison, Stoughton and Janesville
• 16:21
  Speaker 1: as well. Of course you can google Nations Title find
• 16:24
  Speaker 1: them online telephone number six.
• 16:26
  Speaker 2: So eight eight eighty six eighty eight. That's eight nine
• 16:30
  Speaker 2: eighty six eighty eight.
• 16:31
  Speaker 1: And uh, speaking of kind of the time, as we've
• 16:33
  Speaker 1: we are in and things we've gone through. Computers, great tool,
• 16:38
  Speaker 1: great resource. People do use technology and other things to
• 16:43
  Speaker 1: commit fraud. And I know what wire fraud is something
• 16:46
  Speaker 1: you guys are on the lookout for at the title company.
• 16:48
  Speaker 2: Let's talk a little bit about that.
• 16:50
  Speaker 5: Yeah, wire fraud is huge and they are really getting
• 16:53
  Speaker 5: creative how they can go in and hack people's personal emails.
• 16:57
  Speaker 5: Change it by one small thing, and then the big
• 17:01
  Speaker 5: thing is that you know, people wire their funds. Buyers
• 17:05
  Speaker 5: wire their funds in, Sellers wire their funds in. We
• 17:08
  Speaker 5: wire funds out for the proceeds of the seller. You know,
• 17:11
  Speaker 5: if they're moving out of state and people are getting
• 17:14
  Speaker 5: really creative. So we've teamed up with a place called
• 17:19
  Speaker 5: closing Lock and they are verifying they got IDs, they're
• 17:24
  Speaker 5: verifying emails, they're verifying the wiring instructions for both buyers
• 17:29
  Speaker 5: and sellers. Very secure website, and we've done that and
• 17:33
  Speaker 5: it's ensured, So another extra layer of protection for people
• 17:39
  Speaker 5: so they're not uncomfortable wiring funds or wiring funds out.
• 17:42
  Speaker 3: Nice.
• 17:43
  Speaker 1: It sounds like a lot of your obviously the main
• 17:45
  Speaker 1: part of your job is really doing that research, but
• 17:48
  Speaker 1: it also seems like security is a huge role. As
• 17:50
  Speaker 1: we've been talking just about the different steps and the processes,
• 17:54
  Speaker 1: a really important part of obviously protecting personal information, protecting transactions,
• 18:00
  Speaker 1: that's a big responsibility. You mentioned being insured in other things,
• 18:02
  Speaker 1: having those assurances. I'm going to guess that's partially one
• 18:06
  Speaker 1: of the things that Matt loves working with you with.
• 18:08
  Speaker 1: But it's going to be a great, great peace of
• 18:10
  Speaker 1: mind for the folks that you are working with.
• 18:12
  Speaker 2: Marybeth.
• 18:12
  Speaker 5: Yes, absolutely, when you can you know very you know,
• 18:16
  Speaker 5: secure people when they're wiring funds in or wiring funds
• 18:18
  Speaker 5: out is huge. We don't share information with you know,
• 18:24
  Speaker 5: people we we when we get their information. It's not
• 18:27
  Speaker 5: like we can sell it. I know some places sell
• 18:30
  Speaker 5: information of buyers and sellers. We don't do that. There's
• 18:34
  Speaker 5: a lot of stuff that's a public record. When you
• 18:36
  Speaker 5: file a warranty deed, when you file a mortgage, those
• 18:39
  Speaker 5: are public records with the registered deeds. So people can
• 18:44
  Speaker 5: you know, find that information out, but there isn't you know,
• 18:47
  Speaker 5: you know, important information to me is like your social
• 18:51
  Speaker 5: your phone numbers, your emails, that's not part of the
• 18:55
  Speaker 5: public record.
• 18:56
  Speaker 1: It's always interesting to me because people I think assume the
• 18:58
  Speaker 1: stuff that is part of like I don't think people
• 19:00
  Speaker 1: always understand certain things our public record. You mentioned obviously
• 19:03
  Speaker 1: these transactions that need that stuff go down to the
• 19:05
  Speaker 1: county courthouse or the county repository and be like, hey,
• 19:09
  Speaker 1: can I pull the the you know and see all that.
• 19:12
  Speaker 1: But it's really great to hear that that the other
• 19:14
  Speaker 1: stuff that's.
• 19:15
  Speaker 2: Able to be protected. You guys keep that stuff nice
• 19:17
  Speaker 2: and safe and.
• 19:18
  Speaker 1: And Marybeth for folks as we as we've learned, it's
• 19:21
  Speaker 1: been a very informative form of a conversation for folks
• 19:24
  Speaker 1: that are are you know, whether looking to buy or
• 19:26
  Speaker 1: other things, any piece of advice for them, just kind
• 19:28
  Speaker 1: of guidance when it comes to you know, working with
• 19:30
  Speaker 1: your agent, working with the title company, kind of anything
• 19:32
  Speaker 1: overall that that you've seen that maybe think if you
• 19:35
  Speaker 1: get that word out to folks, you'd love to do
• 19:37
  Speaker 1: it somebody you'd like to share with them.
• 19:39
  Speaker 5: Well, you know, like Matt said, which appreciate you saying
• 19:42
  Speaker 5: that service is really huge and now and if your
• 19:45
  Speaker 5: staff is very knowledgeable, which we have, it's very key.
• 19:49
  Speaker 5: But service to me has always been the top of everything,
• 19:54
  Speaker 5: you know, with everybody having you know, the same pricing
• 19:57
  Speaker 5: within a few dollars here or there, services really key.
• 20:00
  Speaker 5: And then having the people that know what they're doing,
• 20:04
  Speaker 5: what they're talking about. If you have an issue, you
• 20:06
  Speaker 5: have someone here locally that can answer your question regarding
• 20:09
  Speaker 5: a title issue, you know, a closing issue, and to
• 20:14
  Speaker 5: me that's just super important. Especially this is a huge
• 20:17
  Speaker 5: transaction you know in your life, you know, so you
• 20:21
  Speaker 5: got to know and then dealing with you know, the
• 20:24
  Speaker 5: agents you know like Rock that are very knowledgeable about
• 20:27
  Speaker 5: their clients, which helps us. It's just you know, it's
• 20:31
  Speaker 5: an important transaction, so you want to make sure you're
• 20:34
  Speaker 5: dealing with people that are knowledgeable.
• 20:35
  Speaker 1: Not that there's anyone out there that doesn't work with
• 20:37
  Speaker 1: Rock Realty, but could somebody, for example, if somebody made
• 20:41
  Speaker 1: that mistake, let's just say, could they request a specific
• 20:43
  Speaker 1: title company to be working with or how does that work?
• 20:46
  Speaker 5: Yes, so sellers direct. I mean so for instance, you
• 20:49
  Speaker 5: know the listing on the listening that a realture has.
• 20:55
  Speaker 5: You know, can the sellers say, you know, no, I
• 20:59
  Speaker 5: want to use this title company. I have a relationship
• 21:01
  Speaker 5: with them, and absolutely they can't perfect Yeah, absolutely that
• 21:04
  Speaker 5: you know, the seller directs it. But you know, obviously
• 21:08
  Speaker 5: people suggest, you know, this is who I work with.
• 21:10
  Speaker 5: They got great service, And a lot of people think
• 21:15
  Speaker 5: that they have to go back to the title company
• 21:17
  Speaker 5: where they purchased the home from so they get the discount.
• 21:21
  Speaker 5: That is not correct. Title companies do not share their
• 21:25
  Speaker 5: prior title insurance, but they usually can get it from
• 21:29
  Speaker 5: that title company and we can use it. So title
• 21:32
  Speaker 5: companies can use other title.
• 21:34
  Speaker 3: Companies previous insurance.
• 21:35
  Speaker 5: Previous insurance to give the sellers the discount.
• 21:39
  Speaker 1: Really good to know, and that's why I'm going to
• 21:40
  Speaker 1: jot this down. Nations Title Nations Title Telephone number six
• 21:44
  Speaker 1: eight eight eighty six eighty eight. That's eight one nine
• 21:48
  Speaker 1: eighty six eighty eight. Mariabeth, thank you so much for
• 21:50
  Speaker 1: joining us this morning.
• 21:51
  Speaker 5: Thank you so much for having me. I really appreciate it.
• 21:53
  Speaker 2: Great to meet you.
• 21:54
  Speaker 1: Very informative and before we head out today, Matt one
• 21:56
  Speaker 1: final revisit because it's a beautiful, beautiful home, this week's
• 21:59
  Speaker 1: featured listing house right in Stoton on Larvic Lane. We
• 22:03
  Speaker 1: talked about the garages, we talked about the beautiful curb appeal,
• 22:06
  Speaker 1: we talked about the porch.
• 22:08
  Speaker 2: We didn't talk much about the interior.
• 22:10
  Speaker 1: And it's got a beautiful, beautiful inside, very bright, very open.
• 22:15
  Speaker 2: Did I see vaulted ceiling.
• 22:16
  Speaker 4: Yeah, vaulted ceilings, stainless steel, appliances in the kitchen, a
• 22:20
  Speaker 4: lot of windows for letting a natural light, and lower
• 22:24
  Speaker 4: level that's finished for entertaining.
• 22:26
  Speaker 2: It's a great, great property.
• 22:27
  Speaker 1: If you're interested in taking the look, called Patrick up
• 22:29
  Speaker 1: or right now Patrick Collins six oh eight three three two.
• 22:32
  Speaker 2: Twenty one seventy one.
• 22:34
  Speaker 1: That's six oh eight three three two twenty one seventy
• 22:37
  Speaker 1: one for Patrick, of course. You can learn more about
• 22:39
  Speaker 1: Rock Realty on their website, Rock Wisconsin dot com. That's
• 22:42
  Speaker 1: Rock Rock Wisconsin dot com. This is asked the experts
• 22:46
  Speaker 1: here on thirteen ten WIBA