Point Title, LLC

📍 Title Tuesday: What's a Legal Description?

Think your property address is enough to identify your home? Not quite!

A legal description is the official, legally recognized way to identify a piece of real estate. Unlike a street address, it precisely defines the property's boundaries and location.

A legal description may include:
📏 Lot and block numbers
🗺️ Subdivision names
🌾 Section, Township, and Range
📐 Metes and bounds measurements

So why does it matter?

The legal description is what appears on deeds, mortgages, title insurance policies, and other recorded documents. It ensures everyone is referring to the exact same piece of property, helping prevent costly mistakes or ownership disputes.

🏡 It's one of the many behind-the-scenes details that helps make your closing smooth and accurate!

🏡 Title Tuesday: What Is a 1031 Exchange? 💰

Did you know you can potentially defer paying capital gains taxes when selling an investment property? That's where a 1031 Exchange comes in!

A 1031 Exchange allows an investor to sell one investment property and reinvest the proceeds into another "like-kind" investment property, all while postponing capital gains taxes.

📌 Here are a few important rules:
✅ The property must be held for investment or business purposes.
✅ You have 45 days to identify your replacement property.
✅ You have 180 days to complete the purchase.
✅ A qualified intermediary must handle the exchange funds. You can't receive the money directly.

⚠️ A 1031 Exchange does not apply to your primary residence. It's designed for investment and business properties.

Have questions about the closing process for a 1031 Exchange? We're here to help!

We love celebrating happy closings! 🎉

Congratulations to Jonathan and his family on finding the perfect vacation getaway! It was a pleasure to be part of your journey.

A big thank you as well to Heidi Gross Realtor - Coldwell Banker Advantage who helped make this transaction a success!

It was an honor to serve my client Jonathan, his wife Ashley, and their FOUR young boys to find their perfect vacation spot in Rome! Time for fun!




🏡 ✨ Title Tuesday ✨

What is an Easement?

An easement gives someone else the legal right to use a portion of your property for a specific purpose, even though you still own the land.

Common examples include:
🚧 Utility companies accessing power or water lines
🚗 Shared driveways
🚶 Walking paths or access roads

Most easements are completely normal and don't prevent you from enjoying your property. However, it's important to know where they are and what they allow before you buy.

That's one of the many reasons a title search is so valuable, it helps identify recorded easements that may affect the property so there are no surprises after closing.

🎉 Congratulations to these buyers on their new home! 🏡 Wishing you many years of wonderful memories and new adventures in your beautiful place.

A big thank you to Mark at Team Kitowski at KPR Brokers LLC - Real Estate Professionals for your assistance throughout the process! 🤝✨

Successful closing day for Mark! 🎉

Congratulations on another great closing and for helping your clients through an exciting milestone.

Looking for the ultimate real estate experience? Connect with KPR Brokers today.
📲715-598-6367 | 📧 [email protected]

Today's closing had one small challenge... figuring out which Andrea everyone was talking to!

We had three Andreas at the closing table:
🏡 Andrea the buyer
✍️ Andrea the closing agent
💰 Andrea the lender from Nicolet Bank

Thankfully, everyone signed the right paperwork, and we got to celebrate a successful closing! 🎉

Congratulations on your new home! It was a pleasure being part of your journey and a big shoutout to Team Andrea and Liz from The Legacy Group for making it a memorable closing! 🏡❤️

When the closer, lender, and buyer are all named Andrea you must take a picture together!

We are incredibly honored to be voted Best Title Company in Portage County for the 3rd year in a row! 🏆

Thank you to our clients, real estate professionals, lenders, attorneys, and community members for your continued trust, support, and votes. We are truly grateful for the opportunity to serve you and be a part of your real estate journey.

From all of us at Point Title, thank you for making this achievement possible. We look forward to continuing to provide the exceptional service you deserve for years to come!

Beautiful weather, great company, and proud to be sponsoring a hole today! ⛳ A couple of our Point Title ladies are out representing our team at the Golden Sands Home Builders Assoc. Jeff Nygaard Golf Outing!