Monday, November 27, 2006

Lawrence Walsh: Dirty deed has Baldwin couple up in arms

If you Google "The Closing Specialists" or "Diane Cipa", the link for this Post Gazette article will pop up. To my knowledge, Lawrence Walsh never did a follow-up piece. The claim was settled shortly after publication. Mr. Gruendl decided to accept the $650 offered by Al Watterson of Lawyers Title. A friend or acquaintance, after reading the article must have helped the Gruendl’s understand that

Thursday, November 16, 2006

I am a title insurance agent.

Everyday I work with prevention of title claims prior to closing and correction of title problems that are discovered later. Over my morning coffee, these are the problems on my desk to work out this morning:1. File closed in 1999 with owner title policy. The insured just received notice of revival of a state tax lien from 1997 in the amount of $696. I’ll be reviewing our search file to see if

Saturday, November 11, 2006

Is title insurance enough protection?

Human beings we are, and it’s “people” problems at the heart of it all. Humans make mistakes; some steal, and most are poor communicators. An owner title insurance policy will protect the homebuyer from many of the risks, but not all.A consumer should also buy a current up to date survey, making sure the surveyor actually does field work and research. The drawing should accurately show the

Tuesday, November 7, 2006

REAL LIFE TITLE INSURANCE COST COMPARISON

We occasionally collect HUD-1 Settlement Statements as proof of the sale of a residence to clear lender conditions. The following cost comparison is based on HUD-1 Settlement Statements prepared by three different title insurance agents for closings that took place in 2006. The fourth title agency quoted is The Closing Specialists® using our standard fee schedule. All quotes have been adjusted to

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