When it comes to title insurance, there are plenty of misconceptions out there, according to Bryan Nazor, a title and real estate closing expert at Main Street Title in New Jersey. Title insurance proves that the title showing ownership of a property is legitimate and protects the lender against claims against the title. A title insurance policy is paid in a one-time premium at the close of the escrow, Bryan Nazor said.
Bryan Nazor shared four little-known facts about title insurance that just might surprise you and help you be a little more knowledgeable about this form of insurance.
1. Title insurance is not just in the United States
Title insurance exists in plenty of other countries than just the United States, Bryan Nazor said. Other countries that offer title insurance include Canada, Australia, New Zealand, the United Kingdom and China, to name a few.
2. A clean property title involves searching public records
One of the most important things a title and real estate closing expert like Bryan Nazor does is search public records to obtain a clean property title. These public records include visits to clerks of courts, register of deeds and other offices to look for judgments, special levies and taxes, mortgages and other records. This can be a nitty-gritty part of the process of obtaining title insurance, according to Bryan Nazor, but it is crucial that it is done thoroughly.
3. Title insurance protects property owners from a wide number of issues
Many people do not even realize just how many issues they are protected from when they have title insurance, Bryan Nazor said. Some of those things include forged deeds, owner impersonation, wills not probated, missing heirs, falsified records, birth or adoption after the date of will, fabricated powers of attorney and confusion from the similarity of names. Title insurance policies also can cover fraud, undisclosed heirs, liens against the property, spousal claims and forgery. In addition to all these, Bryan Nazor said additional coverage can be added to a title insurance policy.
4. Title insurance is important for both residential and commercial transactions
Main Street Title serves attorneys, homeowners looking to refinance, home buyers, first time buyers, lenders, investors, mortgage brokers, builders, developers and residential and commercial realtors. It is important to be aware that title insurance is a must-have for many transactions, Bryan Nazor said.
To learn more about real estate title insurance and Main Street Title, visit www.mainsttitle.com.
Title and Real Estate Closing Expert Bryan Nazor Gives the Lowdown on the Role of a Title Company
Just what is a title company and what will they do? Many first time home buyers (and even veteran home buyers) have this question, said Bryan Nazor, a title and real estate closing expert at Main Street Title in New Jersey.
It is the job of a title company to conduct research to prove the title showing ownership of a piece of real estate is legitimate, Bryan Nazor said. It then issues the title insurance to protect the lender against claims that may arise from disputes. Title insurance can help protect against claims or liens on a property and is essential, Bryan Nazor said.
Most people do not question that they should have health insurance, car insurance, life insurance, and even pet insurance, but they are baffled at the idea of title insurance, according to Bryan Nazor. However, title insurance is just as sensible as any other type of insurance. “Lots of people already have title insurance and don’t know it or they just don’t know what it is and what it can do for them,” Bryan Nazor said.
Title insurance policies protect against events that occurred in the past of the property and the people who owned it. For example, when you buy a house that has had several owners, Bryan Nazor explained that home renovations may have been made illegally or not up to code at the time they were performed. It can be hard to know your home’s full history, but title insurance protects against that. A title company like Bryan Nazor’s does the legwork of searching public records, from visits to clerks to digging up information on special levies and taxes.
A title insurance policy is paid in a one-time premium at the close of the escrow. At Main Street Title, the process of getting a clean title and title insurance is streamlined and as smooth as possible. Searches of your property’s history are ordered the same day your application is received and return within two to three days.
Bryan Nazor said both purchasers and lenders should have title insurance to be insured against any possible unforeseen title defects. “The seller, the lender and the buyer are all beneficiaries of title insurance,” Bryan Nazor said. There is a separate insurance policy for lenders that insures the priority of the lender’s security interest, while a standard title insurance policy insures the homebuyer.
To learn more about real estate title insurance and Main Street Title, visit www.mainsttitle.com.
Curious About the Basics of Selling Your Home? Bryan Nazor Gives the Lowdown
When it comes to figuring out how to sell your home, professionals like title and real estate closing expert Bryan Nazor and real estate professionals are an invaluable resource. A lot of people assume they already know everything about buying a selling a home, but especially if it is your first time (or you have not done it in a while), there are a few steps that must be done in order to make the process as smooth as possible. Bryan Nazor broke down the basics of selling a home so you don’t have to figure it out the timeline on your own.
The first step is to make the decision to sell your home and establish an asking price for it, Bryan Nazor said. A real estate agent can be helpful in setting your asking price. They are aware of the market value of the home and what similar homes typically sell for. However, if you are not comfortable with your real estate professional’s advice or suggestion, it is always an option to get a second opinion from another well-respected professional, Bryan Nazor said.
A real estate professional is well worth the investment, even though it is tempting to some to sell their home on their own. A real estate professional will require a commission on the house. A for-sale-by-owner arrangement can be complicated and requires much more of your personal time, Bryan Nazor said. He recommends newcomers to home selling utilize a real estate agent. People who do not have a great deal of time on their hands to be deeply involved in the process should also find a real estate professional, Bryan Nazor advised.
If you have a real estate professional, they will manage the marketing of the home and guide you in preparing the home to show potential buyers. Everything from signs in the front lawn to MLS listing will ensure that eyes get on your house and potential buyers come to see it.
When one of those prospective buyers makes you an offer on the house, you have the option to accept the proposed purchase price or to make a counteroffer to the buyer. When you are both able to reach an agreement on the price, your real estate professional will work with a title insurance agent like Bryan Nazor to draft the paperwork.
Then, the real estate professional will schedule a date for you to meet with the home buyer for the closing. The closing meeting is where the transaction is finally completed and ownership of the house is transferred to the buyer. After this, pop the champagne and pack your belongings up: you have officially sold your home!
Bryan Nazor Shares Rewarding Experience Coaching U.S. Club Soccer
Coaching youth soccer can be a rewarding experience, and you don’t have to be a soccer pro to do it, said Bryan Nazor, who has coached young people for years. He has coached the National Youth Soccer Program, U.S. Club Soccer and U.S. Soccer Development Academy. Here are four reasons Bryan Nazor encourages people to consider coaching youth soccer.
- You don’t have to be an expert to coach youth soccer
If your cleats are a little dusty or it takes you longer to warm up than it used to, never fear. Bryan Nazor said adults of all abilities can coach soccer. In fact, the organizations he works with provide resources that teach coaches how to work well with young people, drills, warmups and more.
Bryan Nazor has played professional soccer in three different countries (Honduras, Croatia and Argentina), but he said many coaches in the leagues do not have as much experience. The important thing is a willingness to learn and have fun with the players, Bryan Nazor said.
- Coaching youth soccer is a good exercise
For those who have trouble dragging themselves to the gym, coaching youth soccer is an excellent way to get outside and get some exercise, Bryan Nazor said. You can work up a sweat, get some vitamin D and brush up on your soccer skills along with the players, Bryan Nazor said.
Studies even show that volunteering combats depression increases self-confidence and provides a sense of purpose, so it’s good for your mind as well as your body.
- Coaching youth soccer benefits the community
Volunteering your time in the community is a rewarding, gratifying experience, Bryan Nazor said. It makes it possible for young people in your area to have the opportunity to play soccer and enjoy learning valuable life skills, which feels good.
- Coaching youth soccer is fun!
All the other benefits are important, but Bryan Nazor said one of the best reasons to coach youth soccer is that it is fun. He loves seeing the players have a good time and get the hang of skills after working hard on them. He has connected with people in the community and gotten to know them better.
And at the end of the day, nothing beats being able to run around a field or teach a skill to a young person, Bryan Nazor has found. It is an enjoyable way to give back to the community and impart his passion for soccer to the next generation.
Home Improvements That Suit Your Pets, With Advice from Expert Bryan Nazor
When you begin to plan your home improvements, it is important to keep in mind your furry family members, said Bryan Nazor, a title and real estate closing expert at Main Street Title in New Jersey. Some remodels will benefit just your pets, while others may have benefits for the whole family. Either way, when you’re working on a home remodeling project, it is always a good idea to consider what changes could benefit your pets and make everyone’s lives a little easier, Bryan Nazor advised. These unique updates to a house can increase its value, as well.
The American Pet Products Association found that 68% of U.S. households own a pet, so it only makes sense that people would be interested in pet-friendly home remodeling. Bryan Nazor said more people are choosing to keep their pets in mind when they make remodeling plans and find creative ways to make the space comfortable and fun for their dogs or cats.
A simple home improvement that many pets will love is to add heated floors to your home. In the winter, cats and dogs will benefit from the coziness and comfort of heated floors just like their humans do, Bryan Nazor said. According to Warmup, floor heating is energy efficient, easy to run, provides more design space and freedom and is easy to install, making it a smart choice for humans as well as comfortable option pets will love.
Another solution to consider is installing wood floors in light to medium finishes. This is easier to maintain than a carpet with pet scratches and accidents, and the lighter color conceals the appearance of scratches. Linoleum and wood floors are also easy to clean and remove pet hair from, while this can be a challenge with carpets, Bryan Nazor pointed out.
If hard surfaces all over are not for you, consider stain-resistant fabrics and carpeting, Bryan Nazor suggested. Many people even use fabrics and rugs that are similar to their pet’s fur color so the appearance of shedding is minimized.
More pet-specific remodels can also be implemented as you update your home. Disguised litter boxes that look like furniture, platform beds for dogs, cat trees and cat ramps can all be a nice touch. Many of these solutions cost less than purchasing its counterpart at the pet store, plus you can make it exactly the way you want.
All these suggestions are worthwhile considerations as you plan out your home remodel, Bryan Nazor said, as they can add value to a home and improve your quality of life as well as your furry friend’s.
Title and Real Estate Closing Expert Bryan Nazor Shares Checklist to Care for Your House this Season
Summer is no exception, said Bryan Nazor, a title and real estate closing expert in New Jersey.
Make sure to get to these maintenance items this season, or hire someone in the neighborhood to help out, so your home is set for summer and ready for the next season.
Here are five of Bryan Nazor’s top home maintenance to-dos for summer.
Check your detectors
This one should be on your to-do list every season. Give your smoke and carbon monoxide detectors a check to make sure they are functioning correctly. To test your smoke detector, press and hold the “test” button. If the sound it emits is not loud, it’s time to replace the batteries. Check the carbon monoxide detector by holding down the “test” button and listening for two beeps. It only takes a few minutes to make sure your detectors are fully operational and it’s something every homeowner should be on top of, Bryan Nazor said.
Spruce up your yard
Summer is a prime time to make sure your yard is in top shape, Bryan Nazor said. A layer of mulch, an edged lawn, some blooming plants (that are watered regularly) can make all the difference in your home’s appearance. You don’t have to spend a lot of money to make sure your yard is looking its best all season.
Check for leaks
Do an inspection of your hose and any exterior faucets for leaks. If it’s just a tiny hole in a hose, you can use electrical tape to patch the leak. Just a little leak can add up to a big waste of water and money over the course of the summer, Bryan Nazor advised, so do due diligence to ensure everything is in good shape for the summer season.
Clean up your deck
If you have a deck or porch, summer is the time to give it a good cleaning from pollen and dirt. Additionally, you should inspect your deck for signs of rotting or nails that are sticking up and could be a hazard. During the winter, the deck may have warped and could need a little TLC. Consider resealing the deck for the summer as well.
Bryan Nazor recommends making sure your fans and air conditioners are ready to keep you cool all season. Ceiling fans can be cleaned with a rag to get dust and debris off them, while air conditioner filters should be cleaned or replaced before you run them. For homes with central air, Bryan Nazor suggested having them serviced professionally to ensure they are fully clean and operational and to help you beat the heat.
“Landscaping is a key to your home’s “curb appeal” and summer landscaping changes can be an excellent tool to add value to your home,” said Bryan Nazor, a title, and real estate closing expert and president of Main Street Title & Settlement Services.
“Especially in the summer season, it is natural for homeowners to use landscaping as a way to add value and aesthetic appeal to the home, but it is important to use your time, energy and money in ways that truly maximize value for the home,” Bryan Nazor said.
“Too much landscaping can actually be seen as a problem for prospective homebuyers who may not want to spend the majority of their summer on upkeep. An elaborate garden will catch the eye of particular home buyers, but not everyone will be enthused about the maintenance and man-hours it requires,” Bryan Nazor said. If you want to add value to your home, try these simple, relatively inexpensive ways to do so through landscaping.
1. Flowers and Trees
This one may seem obvious, but of course, the fauna of your front yard will be an eye-catching landscaping device. They are affordable and make a dramatic change. Try to time flowering plants around when you stage your home for sale, so everything is looking its best and in full bloom. “Trees have excellent aesthetic value,” Bryan Nazor said, “and also help keep home energy costs down in the winter and summer with their shade and wind-breaking.”
2. Edging and Mulch
“Sometimes it pays off to keep it simple and focus on lawn care and upkeep. It really makes all the difference in the yard’s appearance,” Bryan Nazor said, “and it’s quick and inexpensive to do.” A lush, well-groomed lawn with no weeds and a neatly trimmed edge can give the whole yard a quick facelift. In the same vein, mulch in the yard to highlight the flower beds and well-trimmed and edged lawn looks great, is budget-friendly and even helps keep weeds out of the flower beds.
3. Building Features in the Yard
“Perhaps a little less inexpensive than the previous options, adding features to the yard can have a big payoff for the value of your home and its overall appearance,” Bryan Nazor pointed out. Whether you go for a frugal retaining wall or go crazy with sculptural focal points, a patio, deck or terrace. A re-done driveway can also make a big difference if it is necessary.
Title and Real Estate Closing Expert Bryan Nazor On Title Insurance and Why You Need It
Title insurance is important for many reasons, and it can be hugely beneficial in many cases, said Title and Real Estate Closing Expert Bryan Nazor.
When it comes time to buy a house, there are many confusing aspects of the process. Lots of paperwork, meetings, numbers flying back and forth, but do not get overwhelmed by all of it, Bryan Nazor advised. “A lot of people already have title insurance but they don’t even know they do and they don’t understand what it is,” said Bryan Nazor. “At Main Street Title and Settlement Services, we demystify the process as thoroughly as possible.”
You probably have other types of insurance already: car, life or health insurance, so you know that insurance protects against potential events in the future. You also know that this insurance is paid for with monthly or annual premiums.
A title is the evidence that the owner lawfully owns a particular piece of property, so title insurance protects that evidence that a property is rightfully yours, Bryan Nazor said.
When it comes to title insurance, a title policy will ensure against events that occurred in the past of the property and the people who owned it, Bryan Nazor explained. Instead of monthly payments, though, title insurance requires a one-time premium, which is paid at the close of escrow.
Bryan Nazor said title insurance covers all claims from defects. Defects include another person claiming ownership interest, improperly recorded documents, fraud, forgery, liens, encroachments, easements and any other items specified in the actual title insurance policy.
“I recommend purchasers and lenders get title insurance so they are insured against possible title defects,” Bryan Nazor said. “The buyer, seller and lender all benefit from title insurance, so there’s really no downside to it.”
When it comes to title insurance policy types, there is a standard policy and a lender’s policy. The standard policy insures the new owner (or the homebuyer), while a lender’s policy insures the priority of the lender’s security interest.
Bryan Nazor is the President and COO of Main Street Title and Settlement Services in New Jersey. He manages the day-to-day operation of the title and finance divisions at the company. Bryan Nazor is recognized by his peers for his knowledge, efficiency and insight into successful corporate management and investing. Main Street Title and Settlement Services is known for their advocacy of their clients and for their transparency in making the buying and selling process as seamless as possible.
Title and Real Estate Closing Expert Bryan Nazor on Purchasing a Home for Millennials
Forbes recently released their 2019 real estate forecast of what home buyers, sellers, and investors can expect. After the tumultuous home-buying scene of 2018, title and real estate closing expert Bryan Nazor said experts are keeping a close eye on predictions for what direction the market will take.
“One of the biggest trends we saw is that millennials are predicted to keep buying homes in spite of the rising mortgage rates,” Bryan Nazor said. 2020 is expected to be the peak millennial home buying year, Forbes reported. Millennials will account for 45% of mortgages, compared to 17% of boomers and 37% of Gen Xers.
Part of this is due to the fact that the largest cohort of millennials turns 30 years old this year, which is a peak home-buying years. Older Millennials (in their mid-30s) will have more options to move up in their home ownership, while younger millennials are hitting the peak age to purchase their first home.
Bryan Nazor works at Main Street Title & Settlement Services, which equips millennials to prepare to purchase a home and provides title insurance services, appraisals, closing, escrow and recording services, and other services relating to real estate transactions. Bryan Nazor said the company sees many millennials purchasing their first or second home this year, in line with Forbes’ prediction.
Bryan Nazor shared the top five tips he shares with millennial home buyers to set them up for success with their first home ownership rodeo.
- Plan a budget and contact a real estate professional to guide you through the process of purchasing a home. Doing your research on a great real estate agent and on a realistic budget are key components in having a smooth experience with no unpleasant surprises, Bryan Nazor said.
- Research available lenders to finance your home. After your down payment, what financing options are available? Compare lenders to see what they offer and what you can expect. The real estate agent you chose in step 1 can suggest lenders and help you decide on the right one for you. A lender will pre-qualify you for a loan so sellers will take you seriously as a buyer.
- Start looking at possible homes with your real estate agent. This is the fun part! Don’t forget your budget or lose sight of the most important factors in your home.
- Once you find the home you would like to purchase, the real estate agent will make an offer on your behalf. A counter offer may be offered in return, and the real estate agent and the home seller will negotiate until they find a price that suits everyone.
- Your real estate agent will work with a title insurance agent to draft necessary paperwork for the sale of the home, said Bryan Nazor. You will meet with the home seller for the closing, which is when you officially become the owner of the home.
Youth Soccer Coach Bryan Nazor Shares Experience With National Youth Soccer Program
The National Youth Soccer Program (U.S. Club Soccer), exists to “transform the lives of America’s youth through the game of soccer.” For many people, including Bryan Nazor, a resident of Chestnut Ridge, New York, working with this youth soccer program has been inspiring and fulfilling.
U.S. Youth Soccer is a non-profit organization that provides a path for young people who want to break into playing soccer. The program teaches core values, like respect, integrity, teamwork and excellent, which Bryan Nazor said is an important component and allows the coaches to act as mentors in addition to teaching the game of soccer.
The organization was founded in 1974 and today has more than 3,000,000 players between ages 5 and 19. Most of the 300,000 coaches in the organization are volunteers like Bryan Nazor. These coaches spend their time educating and improving the lives of young soccer players in their community.
“Being a youth soccer coach has been more rewarding than I could have imagined,” said Bryan Nazor. “I get to work with motivated, talented kids and give back to my community in a tangible way.”
Many resources are provided to coaches from U.S. Youth Soccer, so those who are first-time coaches can be equipped with the tools they need. These resources include lesson plans, rules of the game, video clips, articles on coaching and even workshops and presentations to train coaches.
“The lesson plans were valuable to me in learning how to structure a soccer practice,” said Bryan Nazor. “At first it can seem intimidating, but there are lesson plans for all ages so you can teach them the skills they need, whether they are 6 years old or 16.”
Bryan Nazor said it was helpful to have a guide of listening to and communicating with players provided to him. Even those who are fans of professional soccer and have been watching or playing for years may not understand how to communicate effectively with players, which is one of the key components of being a good coach, Bryan Nazor said. “One of the best things I learned was to avoid the common pitfalls of communication in coaching, including avoiding bias and hot words.”
The organization hosts numerous youth soccer programs for every level and interest, including the U.S. Youth Soccer National Championship Series, U.S. Youth Soccer National League, U.S. Youth Soccer Olympic Development Program, Soccer Across America, Soccer Shots and more. To learn about the program offered, visit usyouthsoccer.org for details.