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New York moves to allow title insurance for state land deals

Housing Wire

New York may soon allow title insurance for state land purchases, a shift that could streamline conservation efforts and resolve longstanding property disputes. Proposed changes New York is currently the only state that does not accept title insurance for government land purchases. The change, which was included in Gov.

Insurance 317
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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

Insurance 518
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Buyer agency: a crucial historical shift in real estate

Housing Wire

Moreover, the absence of a buyer’s agent leaves the buyer to navigate the intricate process of drafting offers, negotiating repairs and other terms, as well as understanding legal intricacies such as mineral or water rights, easements, and even the transfer of livestock on agricultural properties to name just a few.

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Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

Scenarios Necessitating Appraisers as Expert Witnesses: Property Disputes : Appraisers are crucial in resolving boundary disagreements, easement issues, or broader disputes over property rights. These evaluations are needed for insurance claims, providing a basis for fair settlements and aiding property owners in recovering from losses.

Legal 148
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Flipping a House Checklist: Steps to Sell for Maximum Profit

Listing Spark

This document verifies property boundaries, easements, and encroachmentsdetails that can impact financing, insurance, and even a buyers decision to move forward.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Valuation for insurance claims. Any existing easements or zoning issues. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

Appraisal 110
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Opinion: The risks when refinancing: Why title insurance is essential 

Housing Wire

One of these is lender’s title insurance, which is as essential when refinancing as it is when buying a property. Title insurance protects the property rights of the homeowner and the lender’s investment (the loan) from any title defects discovered or risks that may appear years later.

Insurance 448