Showing posts with label Pennsylvania. Show all posts
Showing posts with label Pennsylvania. Show all posts

Friday, August 22, 2008

the affiliated title agency took the deal - almost without insurance

In PA title agents aren't permitted to perform services without the issuance of title insurance. This case was interesting because the lender - a local bank doesn't require title insurance. When we get an order from them - which is rare - we always call before processing to confirm that the buyer has requested our services and that they are purchasing title insurance.What I found most

the affiliated title agency took the deal - almost without insurance

In PA title agents aren't permitted to perform services without the issuance of title insurance. This case was interesting because the lender - a local bank doesn't require title insurance. When we get an order from them - which is rare - we always call before processing to confirm that the buyer has requested our services and that they are purchasing title insurance.What I found most

Thursday, July 24, 2008

query: must escrow accounts of title companies be interest bearing in PA

The answer is no. If you have funds that will be held after closing, you can request that it be placed in a separate interest bearing account. Keep in mind that this is extra work for the title agent and there may be a service charge. Any escrow set-up in PA does carry a mandatory $25 escrow set-up fee - even non-interest bearing escrow.

query: must escrow accounts of title companies be interest bearing in PA

The answer is no. If you have funds that will be held after closing, you can request that it be placed in a separate interest bearing account. Keep in mind that this is extra work for the title agent and there may be a service charge. Any escrow set-up in PA does carry a mandatory $25 escrow set-up fee - even non-interest bearing escrow.

Wednesday, June 25, 2008

no BS...this is true. Pennsylvania has an incredibly stable real estate market.

The Pittsburgh area isn't the only region in Pennsylvania where housing prices have been relatively stable and doing better than many other areas of the country. In fact, the state as a whole has outpaced the nation in its ability to avoid a steep decline in home prices, according to an analysis carried in the latest edition of "The Pennsylvania Realtor" a newsletter published by the Pennsylvania

no BS...this is true. Pennsylvania has an incredibly stable real estate market.

The Pittsburgh area isn't the only region in Pennsylvania where housing prices have been relatively stable and doing better than many other areas of the country. In fact, the state as a whole has outpaced the nation in its ability to avoid a steep decline in home prices, according to an analysis carried in the latest edition of "The Pennsylvania Realtor" a newsletter published by the Pennsylvania