Thursday, July 30, 2009
You need to watch this video.
Lessons to take away from it:Always read your title insurance commitment prior to closing.Always buy a professional survey prior to closing.This homebuyer did neither. Buying real estate is a major purchase and a consumer must participate with a thinking cap on.When you shop for your title insurance and settlement services, confirm that you will have a title insurance commitment for your review
You need to watch this video.
Lessons to take away from it:Always read your title insurance commitment prior to closing.Always buy a professional survey prior to closing.This homebuyer did neither. Buying real estate is a major purchase and a consumer must participate with a thinking cap on.When you shop for your title insurance and settlement services, confirm that you will have a title insurance commitment for your review
Wednesday, July 29, 2009
BTW - I loved reading the comments by PA AG Tom Corbett.
I think our AG folks here in PA have their heads around the issue. He gets it. The only weakness in the thought process, in my opinion, is that I still do not think they understand the real defalcation picture. Perhaps our industry has swallowed the problem and it's not easily seen by the public. That's a big bank of losses and Mr. Lipshultz was serious when he implied that competition might
BTW - I loved reading the comments by PA AG Tom Corbett.
I think our AG folks here in PA have their heads around the issue. He gets it. The only weakness in the thought process, in my opinion, is that I still do not think they understand the real defalcation picture. Perhaps our industry has swallowed the problem and it's not easily seen by the public. That's a big bank of losses and Mr. Lipshultz was serious when he implied that competition might
Tuesday, July 28, 2009
Monday, July 27, 2009
new Closing Services Letter approved for PA...cost $75
The PA Department of Insurance has approved the amended rate filing submitted by TIRBOP. TIRBOP withdrew it's request for a premium overhaul following pressure by the office of the Attorney General.So, the only change is to the CSL which extends coverage to buyers and lessees. Effective 9-14-09.
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