by koredesign | Jan 24, 2018 | LLT, News
Lawyers Land & Title Services, LLC announced the recent opening of its new office in Nashville, Tenn. Located on the third floor of the state-of-the-art Gulch Crossing building, Lawyers Land & Title Services is hopeful this expansion will better accommodate the real estate market in Davidson and surrounding counties.
The Gulch office will be an extension of the company’s headquarters in Murfreesboro, Tenn., meeting the increasing demand of real estate closing services in the metro area. This is the second office location for Lawyers Land & Title Services since its founding in 2010.
“We have investigated the possibility of opening a second location over the past year. After much thought, we have determined that a location in Nashville would best serve the needs of our customers,” said J.D. Kious, Lawyers Land & Title Services attorney and president. “This company was founded during the downturn in 2010, so our growth is reflective of growth in the market.”
The Gulch is a dynamic mixed-use LEED certified community in the heart of Nashville. The neighborhood was the first LEED ND neighborhood in the South with a strong focus on connectivity, walkability and public transportation. Conveniently located on the southwest border of Nashville’s Central Business District just two blocks from Music City Center, the vibrant urban development and redevelopment is home to the very best in urban living, office, retail, restaurant, entertainment venues and hospitality.
The addition of the Gulch office is part of a larger effort to streamline services provided by Lawyers Land & Title Services. It comes on the heels of the newly allocated residential and commercial divisions of the company within the last 18 months.
Lawyers Land & Title Services, LLC is a full service title company offering a wide range of real estate closing services throughout the state of Tennessee for clients of all types, including builders and developers, commercial property investors, lenders, individual residential property owners and first time home buyers.
by koredesign | Jan 22, 2018 | LLT, News
Loan approvals and mortgages could be delayed, but experts think the housing market would bounce back.
With a dispute in the Senate over the immigration program DACA still unresolved, the government shutdown continues for a third day on Monday morning after Congress’s failed attempts to pass a spending deal that would fund the government through mid-February.
A Senate vote on an agreement that would end the shutdown and fund the government for another three weeks is scheduled for noon ET Monday. Whether the plan will gain enough support from Democrats is unclear, according to CNN, but until business as usual resumes, homebuyers and sellers could be in store for headaches — but not any long-term setbacks.
During a shutdown, the Internal Revenue Service (IRS), Social Security Administration and the Department of Housing and Urban Development (HUD) furlough large swaths of workers, significantly delaying mortgage approval until work resumes.
Banks and private lenders will operate as usual, housing experts told Inman News. But the mortgage applications they approve or deny include tax records and financials requiring certification. Fannie Mae and Freddie Mac, despite being government-sponsored enterprises, are not government agencies — and therefore are not affected.
At HUD, which oversees the Fair Housing Act, nearly all of the agency’s approximately 8,500 employees are prohibited from working during a shutdown, which puts a halt to all “meetings, visits and appearances” by HUD employees. Borrowers who apply for loans through the Federal Housing Administration (part of HUD) or the Department of Veterans Affairs will face delays.
National Association of Realtors President Elizabeth Mendenhall emphasized that a long-term shutdown could pose larger problems for the housing market and called on senators to vote in favor of a budget extension Friday.
On Thursday, House Republicans voted to extend a budget deadline past Friday, but without concessions on immigration, including permanent protection for so-called Dreamers in the federal DACA program, 45 Senate Democrats and five Senate Republicans voted against the measure, triggering the shutdown.