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Ticor Title Opens New Escrow Location in Covington

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We are pleased to announce the opening of a new escrow location in the Covington, WA community. You’ll find us conveniently located across from Covington Square Shopping Center where Highway 18 and Highway 516 meet.

Improved Service to Covington, Maple Valley, and Black Diamond Communities

The growth of Ticor’s Puget Sound operation has created opportunity for us to provide improved service and accessibility to the Southeast King County area. Our new escrow branch in Covington offers a central location with ample free parking, proximity to amenities, and easy access. We are excited to offer time savings and added convenience for our clients and partners in the area.

Where to find Ticor Title in Covington

27116 167th Pl SE, #102,
Covington, WA 98042

Phone: 253-631-3990


We Remember and Honor Our Fallen Heroes on Memorial Day

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Memorial Day provides us with an opportunity to reflect, remember, and honor the American soldiers who have died during active duty. Here are some ways to honor our fallen heroes:

Visit a Cemetery or Memorial

Many people visit cemeteries and memorials, and volunteers often place American flags on each grave site at national cemeteries.

Pause at 3PM

A national moment of remembrance takes place at 3:00 p.m. local time.

Flying the Flag at Half Staff

On Memorial Day, the flag should be flown at half-staff from sunrise until noon only, then raised briskly to the top of the staff until sunset, in honor of the nation’s battle heroes.

Wear a Flower of Remembrance

Following the events of WWI, The VFW adopted the poppy as its official memorial flower in 1922. Read the story here.

Provide Financial Support for Families of the Fallen

If you are inclined to give, the USO and Tragedy Assistance Program for Survivors (TAPS) provide financial and emotional support to bereaved spouses and children of troops who have died serving their country.

However you choose to observe Memorial Day, we would like to wish you good health and happiness in the company of loved ones.

Ticor Welcomes Lucas Tally, Branch Manager, LPO

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We are pleased to announce that Lucas Tally has made the choice to join Ticor Title as the branch manager for our Puyallup location. With over two decades of experience and a solution oriented approach, Lucas brings tremendous value to our clients, partners, and team.

Lucas Tally

Branch Manager / LPO

lucas.tally@ticortitle.com
253-904-1072

437 29th Street NE, Suite B
Puyallup, WA 98372

A Word From Lucas

With over 20 years’ experience working in Title and Escrow closing a vast array of transactions, I consider myself a seasoned escrow veteran. My brokers and lenders consider me a knowledgeable resource they can trust to provide solutions to any situation that may arise.

I pride myself on catering to my client’s needs and efficiently meeting even the tightest deadline. My favorite part of closing is the people I get to engage with. I understand the importance of providing a positive and memorable closing experience for my customers. Whether it’s a first time buyer or a seasoned investor, everyone has a story.

When I am not at work I enjoy raising my three amazing kids and making memories.

Here We Grow Again! Welcome New Sales Executives

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We are pleased to announce the addition of three new Sales Executives to our sales team in the Puget Sound region. Each new team member has been selected for their energy, service ethic, experience, and solution oriented approach to building business. Please join us in welcoming Kristine Borden, Roger Ellis, and Andrew Lee to the Ticor Title family.


Kristine Borden

Kristine’s extensive background in retail and wholesale lending for the last 20+ years will provide significant value for clients in Federal Way and the surrounding areas.

When not working, she enjoys instructing Hot Yoga on the weekends or walking her Great Dane puppy. Kristine also enjoys spending time with family and friends and watching her 17 year-old daughter compete on her ECNL select traveling soccer team or visiting her son at Washington State University.

Kristine Borden
Sales Executive
253-377-3077
kristine.borden@ticortitle.com
33400 9th Ave S Suite 102
Federal Way, WA 98003


Roger Ellis

Roger has stepped on to the scene with Ticor Title bringing 20 plus years of experience in the mortgage industry with a background as a Loan Originator, Wholesale Banking Executive and Business Development Manager. He has exceptional understanding when dealing with the needs of business partners but also offers a certain warmth and inviting flair that is both welcoming and confident when meeting the needs of customers.

Roger is a proud father of three and enjoys spending most of his time doting on his three beautiful grandchildren. If he’s not attending their sporting or dancing events, he can be found taking in live music festivals and traveling abroad.

Roger Ellis
Sales Executive
206-765-8051
roger.ellis@ticortitle.com
11400 SE 8th St Suite 110
Bellevue, WA 98004


Andrew Lee

Andrew comes to Ticor with over eight years in customer service, full cycle sales, and leading. He has worked with major brands including Cadillac, Honda, Acura, and others. Andrew understands that clear and consistent communication is important and always makes sure his clients are well informed throughout the transaction.

In his spare time, in addition to the ministry, the Seattle native enjoys spending time with his family, social networking, and improving his guitar skills.

Andrew Lee
Sales Executive
425-466-9440
andrew.lee@ticortitle.com
11400 SE 8th St Suite 110
Bellevue, WA 98004

Expanded Escrow Coverage & Service

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We are excited to announce expanded coverage in the tri-county area that will provide improved accessibility and added convenience for our clients and industry partners. Ticor Title has been steadliy growing in the Puget Sound region with added locations, recruitment of additional local industry experts, refined processes, and ever-improving service levels. We believe that every successful real estate closing begins with a great team and we have cultivated a staff of exceptional professionals to provide clear communication, consistency, and a personalized experience with every transaction.

14 Escrow Signing Locations

With 14 Ticor Title branch locations placed strategically in the most populated areas in King, Pierce, and Snohomish Counties, you’re never far from one of our well appointed escrow signing locations. And of course, mobile signings are available for added convenience.

Please note our newest locations in Covington and Metro Seattle

Ticor Title Escrow Signing Locations
You’re never far from Ticor Title!
Branch Location Address Location Type
Seattle 1505 Westlake Ave N, Ste 150
Seattle, WA 98109
Residential
Seattle Commercial 1420 Fifth Ave, Suite 2223
Seattle, WA 98101
Commercial
Bellevue 11400 SE 8th Street, Ste 110
Bellevue, WA 98004
Residential
Covington 27116 167th Pl SE, Ste 102
Covington, WA 98042
Residential
Federal Way 33400 9TH Ave S, Ste 102
Federal Way, WA 98003
Residential
Kent 10840 SE 208th Street
Kent, WA 98031
Residential
West Seattle 4817 California Ave SW
Seattle, WA 98116
Residential
Auburn 1002 15th St SW, Ste 225
Auburn, WA 98001
Residential
Everett 2825 Colby Ave, Ste 300
Everett, WA 98201
Residential
Lynnwood 19020 33rd Ave W, Ste 550
Lynnwood, WA 98036
Residential
Puyallup 437 29th St NE, Ste B
Puyallup, WA 98372
Residential
Gig Harbor 5775 Soundview Dr, Ste 204B
Gig Harbor, WA 98335
Residential
Tacoma Commercial 1201 Pacific Ave, Ste 633
Tacoma, WA 98402
Commercial
University Place 3929 Bridgeport Way W, Ste 202
University Place, WA 98466
Residential

4 Steps to Preventing Wire Fraud

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four steps to prevent wire fraud

Buyers and Sellers are Targets for Fraud

Warning! Wire fraud is real and home buyers and sellers are one of the biggest targets.

Scams to divert funds via wire transfer are widespread. Home buyers and sellers are experiencing multiple attempts to divert their entire life savings every day and we want to make sure they do not fall prey to any scam. Fraudsters target home buyers via email to trick them into sending a wire for their down payment and closing costs to the fraudster’s bank account, instead of the title company. The money is then siphoned out of the account and transferred out of the country.

Four Steps to Avoiding Fraud

Don’t be a victim. Below are four steps to avoid falling prey to wire fraud scams:

Four Ways to Prevent Wire Fraud

Call, don’t email:

Confirm all wiring instructions by phone before transferring funds. Use a trusted phone number from the title company’s website or a business card.

Be suspicious:

It’s not common for title companies to change wiring instructions and payment info.

Confirm it all:

Ask your bank to confirm not just the account number but also the name on the account before sending a wire.

Verify immediately:

Call the title company to confirm the funds were received.

Additional Wire Fraud Prevention Tips

Protect Yourself and Your Clients From Wire Fraud
True Story: Escrow Team Prevents Diverted Payoff Wires

Strong First Half Solidifies 2018 Momentum

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Strong First Half
SOLIDIFIES 2018 MOMENTUM

Ticor Title is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York – that collectively issue more title insurance policies than any other title company in the United States.

Title Operation Performance

Our title business finished the first half of 2018 with outstanding results, as we generated second quarter adjusted pre-tax title earnings of $338 million, and an adjusted pre-tax title margin of 17.1%, the best quarterly performance in both metrics in 15 years. Our adjusted pre-tax title earnings represented a $28 million growth over the second quarter of 2017.


Download Ticor Title Mid-Year Fact Sheet

Commercial Real Estate Overview

Our commercial operations continued their solid performance with second quarter total commercial revenue of $276 million, a 6% increase over the second quarter of 2017. This was driven by a 4% increase in closed commercial orders and a 1% increase in total commercial fee per file. A 7% increase in total commercial opened orders bodes well for commercial business over the next several quarters.

Residential Real Estate Overview

Fidelity National Title Group purchase opened and closed orders increased by 3% and 2%, respectively, in the second quarter versus the same quarter of 2017. In addition, the mix of business trend towards purchase transactions in the second quarter rose sharply, with purchase business accounting for 71% of both opened and closed orders

Strong First Half Solidifies 2018 Momentum

Moving into the second half of 2018, we remain focused on executing our business plans and striving to remain the most profitable title insurance company in the nation.

Excludes Discontinued Operations. All Figures in US dollars. Source: FNF 10-Q
**”FORTUNE®” and “FORTUNE 500®” are registered trademarks of Time Inc.
Time Inc. is not affiliated with, and does not endorse the products and services of Fidelity National Financial, its subsidiaries, or affiliates.

You’re Invited – West Seattle Open House – September 19, 4 PM

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West Seattle Open House September 19th 4PM

Please join us for food, refreshments, and good times as we celebrate our new and improved space in West Seattle and the addition of Lora Lilly to our team!

RSVP:

Jeff Parry
206-280-1500
jeff.parry@ticortitle.com

When:

September 19th
4:00 PM – 7:00 PM

Where:

4817 California Ave SW
Seattle, WA 98116

Meet the team!

Lora Lilly, Branch Manager / LPO
Keleen Goering, Escrow Closer / LPO
Yuzo Pigott, Escrow Jr. Closer
Reid Vance, Title Officer

About Lora Lilly, AVP, LPO / West Seattle Escrow Branch Manager

Lora LillyLora brings a varied background in education and escrow. She earned her Bachelor’s Degree in International Studies specializing in Business & Management form the University of Nebraska. Her 25+ years of experience in escrow began at the oldest and largest title company in Hawaii, closing developer projects. In 1995 she relocated to West Seattle, closing residential and commercial transactions.

Before coming to Ticor Title, Lora owned and operated an independent escrow company in West Seattle for over 14 years. She is excited to continue serving her neighborhood community with her depth of knowledge and the additional resources of Ticor Title.

Lora believes in providing customers with the best escrow experience, grounded in integrity.


You’re Invited – Ticor Covington Open House – Oct. 3

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Please join us for food, refreshments, and good times as we celebrate our new location in Covington!

The growth of our Puget Sound operation has created opportunity for us to provide improved service and accessibility to the Southeast King County area. Our new escrow branch in Covington offers a central location with ample free parking, proximity to amenities, and easy access. We are committed to providing a stellar closing experience for our clients and partners in the Covington community.

You’ll find us conveniently located across from Covington Square Shopping Center where Highway 18 and Highway 516 meet.

RSVP:

Please RSVP to your Ticor Representative!

When:

October 3rd
4:00 PM – 7:00 PM

Where:

27116 167th Pl SE, Ste 102
Covington, WA 98042
PH: 253-631-3990
FX: 866-878-8977

Meet the team!

Janell Thalman, LPO/Escrow Branch Mgr
Marissa Wuthrich, Jr. Closer
Tawn Siriya, Jr. Closer

Ticor Title Welcomes Christina Hughes – Title Officer

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We are very pleased to announce that Christina Hughes, Title Officer, has made the choice to join Ticor Title. With nearly two decades of experience in Title & Escrow and extensive experience with Commercial transactions, she brings a wealth of expertise and a loyal following of happy clients. Please join us in welcoming Christina to our team!

Christina Hughes

Title Officer
Christina.Hughes@ticortitle.com
425-434-4005

2825 Colby Ave Suite 300
Everett, WA 98201

About Christina Hughes

Christina has been in the Title industry since the year 2000. She began as a receptionist and steadily progressed through escrow assisting, title assisting, recording, and working in a title unit. She has been working almost exclusively on Commercial Transactions for the last 10 years, and has enjoyed working with a wide variety of clients.

As a clock hour certified instructor, she has been able to actively engage with the real estate community, educating clients and partners with insights about the “real day” in the life of a title officer. She is a gifted presenter and enjoys hosting “Title Insurance Q&A” sessions with customers. Underwriting challenges and incorporating requirements of lender and attorney requests keep her up to the task of improving the way she connects our customers to the insurance products they need.

Christina enjoys traveling with her husband and riding motorcycles in her spare time.

How to Read a Title Commitment

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How to Read a Title Commitment

What is a Title Commitment?

A Title Commitment (also known as a Preliminary Report in some areas) is a dated formal report that sets out in detail the conditions under which a policy of title insurance would be issued on a particular parcel of land. Its sole purpose is to facilitate the issuance of the policy.

Within a short time after a title order has been opened, the matters of record relative to the issuance of the title insurance policy on the subject property have been assembled in the title search and examined by skilled technicians. This is the time when the Title Commitment is prepared and sent to the customer.

The report reflects the matters which would be shown as exceptions in a policy of the title insurance so that the parties to the transaction will be aware of any of those matters of record that may need to be cleared prior to the closing of the transaction. This report is issued before the title policy—hence the name Title Commitment.

Download & Print

Download a printable PDF:
How to Read a Title Commitment

Those matters shown in the report are as follows:

  1. The estate or interest covered.
  2. The record owner of the estate or interest.
  3. A legal description of the parcel of land covered.
  4. Requirements and Notes
  5. The easements, liens, encumbrances and other matters which affect the title to the land at the date and time of the report.

Members of the Washington Land Title Association (WLTA) use the type of report explained on the eBook below. The investigation of title is normally limited to the public record, with no reference to off record matters. All references to specific property, dollar amounts, documents, and individual and corporate identification are fictional and for the purpose of educational sample only.

A Guide to Reading the Title Commitment

How To Read A Title Commitment

Ticor Title Westlake Seattle Relocation – Oct. 29, 2018

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We are excited to announce that on October 29th our Westlake Escrow & Title office will be relocated to Lake Union’s premier office building, The Lake Union Building.

OLD ADDRESS
1505 Westlake Avenue N

NEW ADDRESS
1700 Westlake Avenue N
.

The new location reflects our commitment to providing the finest closing experience for our clients and partners in the Seattle community.

Accessibility, Views & Ameneties

The recently renovated Lake Union Building is poised directly on the Cheshiahud Lake Union Loop bike and walking trail and is accessible by land and sea with multiple public transportation routes nearby. In addition to improved accessibility, we’re happy to provide ample on-site parking and unencumbered views of the marina, lake, and city. The building is LEED Gold Certified providing a healthy, highly efficient and cost-saving green commercial space.

Ticor Title – Westlake

New Location– October 29, 2018
1700 Westlake Ave N, #105
Seattle, WA 98109

Strong Commercial Business Drives Third Quarter Performance

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Ticor Title is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters that collectively issue more title insurance policies than any other title company in the United States.

Title Operation Performance

Our title business finished the third quarter of 2018 with solid results, as we generated adjusted pre-tax title earnings of $297 million, and an adjusted pre-tax title margin of 15.6%. Our adjusted pre-tax title earnings represented a $10 million, or 3.5%, growth over the third quarter of 2017.

Commercial Real Estate Overview

Our commercial operations continued their solid performance with third quarter total commercial revenue of $271 million, an 8% increase over the third quarter of 2017. This was driven by a 16% increase in total commercial fee per file, offset by a 7% decrease in closed commercial orders. Third quarter total commercial orders opened increased by 1% compared to the prior year.

Residential Real Estate Overview

Residential purchase opened orders increased by .3% and closed orders decreased by 1% in the third quarter versus the same quarter of 2017. In addition, the mix of business trend towards purchase transactions was sustained in the third quarter, with purchase business accounting for 69% of opened and 71% of closed orders.

Strong Focus on Metrics into Fourth Quarter

Moving into the seasonally slower fourth quarter of 2018, we remain focused on our operating metrics and executing our business plans to maximize our profitability and strive to remain the most profitable title insurance company in the nation.

Ticor Title Welcomes Brandi Jensen, LPO / Escrow Closer

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Brandi Jensen, LPO Escrow Closer

We are pleased to announce that Brandi Jensen, LPO/Escrow Closer has made the choice to join our escrow team in Lynnwood. With over three decades of escrow experience, she brings tremendous care, experience and insight to every closing for our clients and partners.

Brandi Jensen

Escrow Closer
brandi.jensen@ticortitle.com
425-789-3414

19020 33rd Avenue W Suite 550
Lynwood, WA 98036

About Brandi Jensen

Brandi is locally grown from Monroe, WA and has called Snohomish County home for her entire life. She has worked in the escrow industry for 33 years and has cultivated a thriving career as the escrow industry has grown and changed. She has closed a wide variety of transactions including residential, commercial, mobile homes, forest land, agricultural, wraps, assumptions, and more. Brandi has three grown children and 13 grandchildren. She enjoys spending her free time hiking, biking, kayaking, golfing, and boating with family.

Please join us in welcoming Brandi Jensen to the Ticor Title family!

Pre-Closing Checklist for Home Sellers

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Our team of experts are committed to providing home sellers with clear communication, consistency, and personalized service throughout the escrow process. But the exciting process of selling a home involves so much more for the homeowner. The checklist below can help reduce stress and organize the selling process for our valued clients.

Immediately Upon Acceptance Of The Contract

  • Follow-up on any terms specified in the contract (clearance letters, providing homeowner association paperwork, etc.)
  • Make any repairs specified in the contract
  • Provide the current mortgage loan(s) information and/or equity line of credit information to your agent (this should include your account numbers, contact information for the lender(s) and your personal information)

Deliver The Following To Your Escrow Officer

  • Your forwarding address
  • Any existing payoff information
  • Identify leased equipment
  • Homeowner Association information
  • Utilities (if they are to be paid out of escrow)
  • Judgment/Liens
  • Any name changes since vesting

During The Home Inspection

  • You should not be onsite during the inspection, but your real estate agent may be there as your representative
  • If possible, be accessible by phone to answer any questions
  • Provide your agent with keys to any areas (crawlspaces, attics, detached buildings, etc) that the inspector will need to access
  • If the property is currently vacant, ensure that all utilities are on prior to the inspection

One To Two Weeks Following The Acceptance Date Of The Contract

  • Review any inspection amendment from the buyer with your agent and begin making agreed repairs
  • Make arrangements for a moving truck or schedule your moving service
  • Provide your agent with your preferred closing time

Two Weeks Before Closing Date

  • Go to USPS.com/move to change your address online or get a change of address package from the post office.
  • Begin notifying family, friends, debtors, etc of address change
  • Begin collecting information to pass on to the new owner (receipts for appliances, warranty information, owner’s manuals, repair and contractor contact information and dates of service)

One Week Before Closing

  • Call your utility companies to schedule the final readings and disconnect dates
  • Get directions to escrow office from your real estate agent or determine location for a mobile escrow signing
  • Organize receipts and information in relation to the work done to satisfy the inspection amendment. Provide copies to your real estate agent

Day Before Signing Appointment

  • Review the preliminary Settlement Statement to verify that the terms of the contract are correct and pay special attention to the line items for water bills, homeowner association dues, and mortgage balances
  • If you have any concerns, discuss them with your agent
  • If there is a chance of any dispute, your agent may advise you to bring proof of payment to the closing

Day Of Signing

  • Have two pieces of valid ID (one being photo ID) available at your signing appointment: Driver’s License, State ID, Passport, or Green Card
  • If funds are required to close, be prepared to bring the monies in the form of a cashier’s check or wire transfer. These funds need to be received by the Escrow office 24 hours in advance of the recording/closing date indicated on your Purchase and Sale Agreement.
  • Give the new owner your forwarding address and phone number in case anything is accidentally sent to you at the old address

How we’re Improving and Securing the Escrow Process

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We are excited to introduce two one-minute animated videos that benefit both consumers and industry professionals.  The brief videos are designed to help buyers and sellers understand their role in the beginning stages of an escrow transaction as well as raise awareness of fraud-prevention measures we employ. When a new transaction is opened with Ticor Title, our escrow teams send the videos via text message to the buyers and sellers on that transaction.

When a new transaction is opened with Ticor Title, our escrow teams send the videos via text message to the buyers and sellers on that transaction.

If you’re a buyer or seller in the beginning stages of a transaction, these videos are for your benefit, to orient you for success. If you’re a Real Estate industry professional, please encourage your clients to take one minute to watch their video. There are two important points in the videos that will help buyers/sellers have an optimal closing experience.

Secure Emailing & Fraud Prevention

Secure correspondence is vital to preventing wire fraud. And with added protection comes added sophistication.  A member of our team will contact the buyer/seller with instructions to register for secure emailing, which provides protection throughout the transaction. The few moments it takes to set up secure correspondence may make the difference between success or losing a life’s savings. 

How We Can Work Together to Expedite the Transaction

At the open of a transaction, buyers and sellers receive a package from our escrow team to complete, which helps us gather the necessary and required information to perform our services. Buyers and sellers are encouraged to please return the completed package as soon as possible so we may process the file expediently.

Ticor Welcomes April Richter, Lisa Christensen and Rhonda Snyder

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HERE WE GROW AGAIN!

We are thrilled to announce the addition of April Richter, Lisa Christensen and Rhonda Snyder to the Ticor Title team.  They each bring a depth of experience and a customer oriented approach to building business that will provide tremendous value to our clients in the Puget Sound region.


April Richter

April works as a closer in our Ticor Title Lynnwood office, with a proactive approach that focuses on stress-free transactions for her clients. 

She started her career in 1989 at an independent escrow firm, later accepting a position with a major title company where she became a top performer closing a variety of transactions including foreclosures, short sales, 1031s, resales, refinances and builder & new construction. With 30 years in the industry, she has seen a lot of changes but one thing remains the same; the importance of positive and proactive communication during the closing process. Her goal is shared by her entire team here at Ticor Title Lynnwood.

April enjoys giving back to those in need, serving the community through Sandwich Sunday in Pioneer Square Park and trips to Mexico with the group Feeding Los Cabos Kids. In her free time she likes to hang out with her rescue dog Chance and enjoys boating when the weather permits.


Lisa Christensen

Lisa is our Branch Manager for Ticor Title Bellevue, where she oversees the Bellevue branch in closing real estate transactions from start to finish. This includes both purchase transaction as well as refinances.

She has worked in the real estate industry in many different capacities, starting in land development, then moving into a paralegal position for a real estate attorney where she was eventually drawn into the escrow department during the mid-90’s refinance boom. Lisa has also owned her own mobile signing company, before taking a job in title and escrow where she obtained her LPO license. While managing one of the highest-volume closing desks she was asked to take on the task of managing her branch. She eventually moved into a state manager role where she discovered her passion for leading, mentoring, and the joy of helping others grow.  Lisa thrives on being detail oriented and loves organization.

Lisa enjoys reading and traveling anywhere there is water and a beach, but most of all spending time with her husband, daughter, pups and friends.


Rhonda Snyder

Rhonda Snyder has recently joined the Ticor Title Sales Team, and she is eager to provide additional support and value on behalf of our Everett and Lynnwood branches.

Rhonda is very well-rounded with over 30 years  in the real estate industry.  She has experience as a Realtor, Managing Broker and Owner of a real estate company as well as working in title and escrow services for over 15 years. She has a vast knowledge of our business and leverages that knowledge to help our partners accomplish their goals

In Rhonda’s free time she enjoys cooking, golfing, and traveling to warm places. 


April Richter
LPO / Escrow Closer 
425-434-4012

april.richter@ticortitle.com
19020 33rd Avenue W 
Suite 550
Lynnwood, WA 98036

Lisa Christensen
Escrow Branch Manager / LPO / Escrow Closer
425-586-6955

lisa.christensen@ticortitle.com
11400 SE 8th St Suite 110
Bellevue, WA 98004

Rhonda Snyder
Sales Executive
425-327-5834

rhonda.snyder@ticortitle.com
19020 33rd Avenue W 
Suite 550
Lynnwood, WA 98036

Washington Uniform Common Interest Ownership Act – FAQs

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In March of 2018, Governor Inslee signed the Washington Uniform Common Interest Ownership Act (WUCIOA) and it took effect on July 1, 2018. The bill created a new chapter in the Revised Code of Washington that governs the formation, management, and termination of condos, co-ops, and planned communities (Common Interest Communities or “CICs”). Below is a summary of the who, what, when, where, and why of the act.

Who does the act apply to?

All new common interest communities meeting minimum requirements, or existing communities who “opt in” by amending existing CCRs.

What does the act do?

  • Applies to the Formation, Management and Termination of “Common Interest Communities” (CIC)
  • Affects how new CICs are created in Declaration of CCRs and Map
  • Existing HOAs and Condos may Opt-In by Amendment
  • Affects new Construction Sale of Units by requirement of Public Offering Statement
  • Affects Re-sales of Units by requirement of Resale Certificates
  • Form 22CIC must be completed on MLS Purchase and Sale Agreements for properties that are CICs.
  • Typically any new Plat or Condo which has 13 or more “Units/ Lots” and bills dues over $300 per month

When did the act take effect?

Effective July 1, 2018

Where does the act apply?

Washington State

Why was the act created?

  • To create standardization of certain aspects of CCR’s/ HOA’s/ COA’s, in connection to individual units of real estate which share Common Interest Areas.
  • To promote transparency in Boards and standardized access for Owners to Board meetings and information.
  • To Standardize Notice of Meetings of Board and to extend collections on unpaid dues to 6 years recovery.
  • To Provide ample information to new Buyers with Public Offering Statements and Re-Sale Certificates, with mandatory time to review before purchasing Unit.
  • To provide Associations with simplified remedies to revise outdated CCRs.

Questions on your transaction?

Call Ticor Title Company for clarification on how WUCIOA impacts the Title in your transaction.

Ticor Title Officers/branches

AUBURN CPU  
Randi Elliott – Title Officer 253-393-9812
   
BELLEVUE  
Mike Wilson – Title Officer 253-765-7258
   
EVERETT  
Charie Winburn – Title Officer 425-586-6969
Christina Hughes – Title Officer 425-434-4005
Georgia Hallett – Sr Title Officer 425-586-6966
   
PUYALLUP  
Danny Osborn – Title Officer 253-904-1144
   
SEATTLE LAKE UNION  
Reid Vance – Title Manager 206-393-0921
   
GIG HARBOR  
Sean Barragan – Title Officer 253-904-1150
   
SPOKANE  
Adrienne Kerbs – Title Officer 509-742-5310
   
SPOKANE VALLEY  
Matt Buster – Title Officer 509-742-5306

Escrow Signing out of the Country by a Member of the Military

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Commanding Officer as Notary

Settlement agents often close transactions involving principals who may be actively serving in the United States Military and stationed abroad. The principal’s commanding officer can act as the notary. The form acknowledgment is not one created by the settlement agent, instead it is created and attached by the commanding officer.

Sample Acknowledgement

Below is a sample acknowledgment used to acknowledge the signature of a member of military. Notice it does not have a notary seal. That is perfectly acceptable and it will not be rejected by the recorder’s office for recordation. All recorder’s offices have samples of acceptable acknowledgments, including the below sample military acknowledgment.

Sample form of Military Acknowledgement
This article was originally published in Fraud Insights.

Introducing LiveLook Interactive Prelims

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Prelims Never Looked so Good

Our recently implemented LiveLook title document delivery system provides 24/7 real-time access to all information related to a title insurance transaction. The visually pleasing and intuitive interface is mobile-friendly resulting in greater convenience, improved accessibility, and a better overall closing experience. 

Our clients and consumers may access their title reports, exception documents and an easy-to-use summary page with color categorized exceptions that help to visually prioritize and address issues that may impede the closing process.

What do I get with LiveLook Prelim?

  • Reviewing your title report just got easier!
  • Easy to read summary page including yellow and red flagged exceptions
  • Quick links to Underlying Documents, Property Taxes, Supplements, Easements, CC&Rs
  • Vesting Deed and Exhibit A
  • Share feature allows you to send your LiveLook report to others
  • Option to sign up for title updates
  • Provides access to Request Updated CPL and Proposed Insured

What are Yellow and Red Flagged Exceptions?

Yellow Flags are items you typically expect to see on a title report but require some action such as Deed of Trust or current property taxes. These items likely have to be paid at closing.

Red Flags are items you would not expect to see on a title report and could impede the closing, such as liens judgements, and court actions. Also included are items that present challenges such as HERO, Solar and Credit Line Deed of Trust.


How to access the LiveLook Report

How do I access the LiveLook Report?

When you receive your Preliminary Report, you’ll notice that we’ve added a LiveLook link on the cover page.  Click the link to access your interactive report.

How do I share my LiveLook Report? 

Look for the Share button at the top of the LiveLook report. You’ll see a popup box that allows you to send the report via email.

How do I sign up for LiveLook update notifications?

Simply click the Follow button at the top of your report and enter your email address to be notified automatically when there’s an update to your report.  

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