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What do the D.C. attorney general’s actions mean for the future of title joint ventures?

Housing Wire

For more than two years, a storm has been brewing in the title insurance industry. As part of the settlement, the firms agreed to end the practice of giving real estate agents consideration for the referral of title insurance business, and they will cease their title insurance operations in Washington, D.C., Although the D.C.

Insurance 459
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Joint ventures between title firms and real estate companies are under the microscope

Housing Wire

AI-generated image of two lawyers scrutinizing title insurance joint venture agreements. What the investigators are finding — not in every case, but in a majority of the cases — is that the investment is proper and they are paying fair market value for the investment.” Image was created using MidJourney. Section 31-5031.15

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HousingWire Annual: CoreLogic says climate change should be factored into financial analytics

Housing Wire

For example, if a property is exposed to high climate risk, its market value may decline. As professionals are underwriting loans, servicing them or investing in loan portfolios, there is a big increase in the price of homeowners insurance ,” Gallagher highlighted. “And

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Seller impersonation fraud threatens American homeownership

Housing Wire

The listing price of the property is typically set below the current market value to generate immediate interest in the property. Of course, the easiest way for buyers to protect themselves is by purchasing a homeowner’s policy of title insurance, which often has additional fraud protection.

Sellers 370
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How the title industry is addressing the negative effects of heirs’ property

Housing Wire

Even if it is not possible to reach everyone, an heir can petition the court to obtain a non-appealable, final judgment on property ownership by quiet title, determination of heirship or partition statute, depending on state law. ALTA is also seeking to mitigate the effects of heirs’ property through legislative action.

Legal 460
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. About the Author.

Appraisal 309
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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

The property is then listed, typically below market value to generate interest in the listing. Unfortunately, it’s just the latest evolution of wire fraud that affects title companies, law firms, lenders, realtors, and home buyers and sellers.” All of the communications occur through digital or email interfaces.

Sellers 398