First American Blog - The First Word

Welcome to First American’s blog featuring highlights on home ownership and title insurance. Please also be sure to visit and subscribe to our Innovation Center Blog, our Caring for Our Community Blog and our Economic Center Blog.

Recent Posts by FirstAm Editor

Tips for hosting a successful open house during the winter

Winter isn't traditionally the most popular time of the year to sell a house; the weather is cold and gray, and there's a good chance it will keep potential buyers from wanting to get out to look at homes. Spring is the most popular season for homebuying, but that doesn't mean you're out of luck if you’re looking to sell now.

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Topics: Homebuyer and Seller Education

Are you eligible for a 1031 exchange?

If you own an investment property and are looking to sell, you may want to consider a 1031 tax-deferred exchange. This wealth-building tool can help you sell one investment property and purchase another while deferring taxes, including federal capital gains taxes, state capital gains taxes, the recapture of depreciation and the newly implemented...

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Topics: Commercial 1031 Taxes

What you should know about the Good Faith Estimate [VIDEO]

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What you may not know about the Good Faith Estimate (GFE)

The Real Estate Settlement Procedures Act requires a mortgage lender to issue a Good Faith Estimate to all potential borrowers. When you apply for a mortgage, make sure you receive this form from your lender.

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Topics: Homebuyer and Seller Education

Happy Thanksgiving from First American!

As American as apple pie (or title insurance, for that matter!), Thanksgiving is a time when we can reflect on our blessings and spend time with loved ones. This year, take some inspiration from these great quotes and have a happy and safe Thanksgiving.

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What is a tolerance cure?

NOTE: The GFE is no longer used in mortgage transactions. Visit https://www.firstam.com/ownership/transaction-disclosures/ for information about the new disclosures.

Whether you're new to the homebuying process or a seasoned veteran, the concept of a tolerance cure might still be a little hazy to you. But it's an important to term to know, because...

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Topics: Homebuyer and Seller Education