Real Estate News
New Reporting Requirement
The Financial Crimes Enforcement Network (FinCen) has a new reporting rule requirement for entities entering into an all-cash residential real estate transaction. This requirement came into effect on March 1, 2026. The escrow closing officer assigned to any given file will be required to report to FinCen, information about the actual individual owner behind the entity. This is not a tax and doesn’t change property ownership rights or values. Ultimately, this is a federal anti-money laundering barometer to increase transparency in all real estate transactions. There is a small fee paid by the buyer in the transaction for this reporting. Buyers using traditional financing vesting in their personal legal names will conduct a purchase without this requirement, business as usual. Please reach out to me with any questions. Our team is here for you!
Is the Math Mathing?
Curious about the right time to buy and/or sell? Knowing the actual math on either side of this decision with help bring a clear picture. It’s natural to estimate what fees and expenses may be. We encourage you to get actual numbers. Involve your team of professionals to assist and support in understanding the actual costs involved in a purchase or sale of real estate. This knowledge may be the definitive information you need to make the best decision for your financial future. We are your team and are available for your call, text, or email.
Your Title Report
Review your title report and be aware of its contents. Confirming your name spelling, marital status, vesting, and policy commitment amount accuracy is of utmost importance. Your purchase and sale agreement will drive these initial basic terms, and the title company will include these details in the report. There are differences between each schedule within the report. It’s imperative to understand what covenants, conditions, restrictions, and/or easements that exist with the property. Have questions? We know title examiners with answers. Call our team for a reference today!
Your Home, Your Future, Our Commitment
Contact Information
Contact us in
Washington at:
Mindy
425-350-8893
mindyhibbard@mhreteam.com
mindyhibbard.com
Tom
425-350-8892
tomhibbard@mhreteam.com
tomhibbard.remax.com
Audrey
425-219-1554
audreykull@mhreteam.com
audreykull.com
Contact us in
Texas at:
Mindy
469-438-0907
mindyhibbard@rmlandmark.com
mindyhibbardtx.com
Tom
469-478-8433
tomhibbard@rmlandmark.com
tom-hibbard.rmlandmark.com
February Housing Market
We are a competent, caring and professional team who take care of you like family. With decades of experience in our respective fields, you’ll find we are knowledgeable experts, ready to guide you through the entire process with nothing left unexplained. Our team strives to make your buying and selling journey a positive one, with your satisfaction our top priority. We provide a full-service real estate experience with consistent communication and absolute transparency. We are standing by to walk you through the process from start to finish, including a comprehensive value proposition, staging, applying our exceptional marketing strategy and finalizing the successful sale of your home. Buyers will benefit not only from our strong home search tools, but also from negotiation expertise and extensive home construction knowledge. We are all committed to making your buying or home selling experience one that exceeds your expectations.
Copyright © 2026 Mindy Hibbard Real Estate Team, All rights reserved.
Our mailing address is:
RE/MAX Town Center | 15117 Main St B106, Mill Creek, WA 98012
RE/MAX Landmark 351 E Highway 243, Suite 150 Canton, TX 75103