Housing Wire
DECEMBER 16, 2022
For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products. Diane Tomb, ALTA CEO Contributor.
Housing Wire
OCTOBER 13, 2022
Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money.
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Appraisal Buzz
MAY 6, 2024
Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. In some markets, the answer is increasingly yes.
D Fritz Appraisals
JUNE 15, 2021
Your mortgage must also be eligible for mortgage insurance through Canada Guaranty, CMHC or Sagen (previously known as Genworth.) . The mortgage insurance premium is based on the loan-to-value ratio of the first mortgage only. These can include: Additional legal fees- Since you will be closing on two mortgages, your fees may increase.
Will Springer Realtor
MAY 7, 2024
Increases in adjusted basis can result from: The cost of additions and improvements to the house Money spent to restore the property after damages or loss Legal fees incurred with the property Decreases in adjusted basis can result from: Receipt of insurance payments due to a casualty loss or theft Tax credits for home energy improvements “If (..)
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