Federal Court in Texas Vacates New FinCEN Anti-Money Laundering Rule. We expect that order will likely be appealed. What happened? On March 19th a federal district court in Texas vacated FinCEN’s Residential Real Estate Anti-Money Laundering rule. This is the third lawsuit that sought to have the rule overturned. FinCEN prevailed in the two other …
At John Bethell Title, we often adapt to last-minute changes and still ensure your closing occurs on time. Beginning March 1, complying with new FinCEN anti-money laundering requirements may make some previously routine last-minute changes delay closings. Under the FinCEN rules, a reportable transaction is a cash sale in which the buyer is an entity, …
Beginning March 1, 2026, title companies must collect and report identity and banking information about buyers and sellers to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) when entities and trusts buy one- to four-family residential properties without traditional financing. Transactions where an entity buyer uses a non-traditional lender are also reportable. These new …
Pop the champagne because it’s time to celebrate with John Bethell Title! Twenty years ago, John Bethell envisioned a title company that clients and team members would want to work with – a company that innovated and improved the closing process, provided an exceptional experience for everyone, and that could help support organizations within the community. …
What’s best for you is what we do, and we plan to get better and better. At John Bethell Title, we constantly look for ways to better serve our customers and save you time in the process. We want all your transactions with us to be smooth and efficient, and sometimes that requires us to …
John Bethell Title always performs a complete search and discloses any recorded covenants and restrictions. We do this at no additional cost to the parties involved. Over the last 2-3 years, more title companies from Indianapolis and areas outside of Bloomington are closing transactions on Monroe County properties. Here’s the problem…many of these companies commonly do …
BLOOMINGTON, Ind. – June 18, 2021 – John Bethell Title Company, an established real estate title and closing operation in Bloomington, Indiana, is excited to announce that one of its longtime team members, Kara Oltman, has become a partner in the company. Oltman has been the company’s executive vice president since 2012. Owner John Bethell …
BLOOMINGTON, Ind. – February, 22, 2021 – Based in Bloomington, Indiana, John Bethell Title Company, Inc. was named as one of the Best Places to Work in Indiana by the Indiana Chamber of Commerce. This statewide survey and awards program is designed to identify, recognize and honor the participating employers in Indiana with the leading …
A frequent question for us is whether or not a property that we’re insuring is or is not a condominium. The answer is important because condominiums have different, and often more restrictive, lending rules.
September 12, 2011 ~ John Bethell, President and Owner of John Bethell Title Company, Inc. announced today that the company has purchased the assets of Bloomington based Best Title Company, LLC from Dan Stewart. The purchase will become effective October 1, 2011.
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