What is a Title Commitment?

by: tim_eckert

July 10, 2019 / Categories: Realtor, Residential

A title commitment is a report prepared prior to issuing a policy of title insurance that shows the ownership of a specific parcel of land, together with the liens and encumbrances thereon which will not be covered under a subsequent title insurance policy. The commitment lists, in advance of purchase, title defects, liens and encumbrances which would be excluded from coverage if the requested title

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July News Brief

by: tim_eckert

July 3, 2019 / Categories: Commercial Real Estate, Cybersecurity & Wire Fraud, Realtor, Residential

The Landmark Abstract News Brief is a roundup of noteworthy articles from both the residential and commercial title industry. The July News Brief features several different articles on both the commercial and residential real estate industry. Use the link below to review the July News Brief. Some of the articles contained within include: How the FBI Blocks Fraudulent Wire Transfers Six Things Every Home Buyer,

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June News Brief

by: tim_eckert

June 6, 2019 / Categories: Uncategorized

The Landmark Abstract News Brief is a roundup of noteworthy articles from both the residential and commercial title industry. The June News Brief features several different articles on both the commercial and residential real estate industry. Use the link below to review the June News Brief. Some of the articles contained within include: How to Train Your Team Phishing Prevention Best Practices The Fastest Growing

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The Complete Guide to Understanding and Preventing Real Estate Wire Fraud

by: tim_eckert

May 31, 2019 / Categories: Commercial Real Estate, Cybersecurity & Wire Fraud, Realtor, Residential

According to the Federal Bureau of Investigation, criminals attempted to divert more than $90 billion in wire fraud transfers between June 2016 and December 2018. These “trick and transfer” scams are at the center of Business Email Compromise (BEC) epidemic that threatens nearly all businesses in the United States. The real estate sector has become a prime target for cyber perpetrators, and everyone in a

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Is Title Insurance Necessary During a Refinance?

by: tim_eckert

May 9, 2019 / Categories: Realtor, Residential

Is Title Insurance Necessary During a Refinance? Homeowners look to refinance their home loans for a number of reasons; to take advantage of a lower interest rate, eliminate Private Mortgage Insurance (PMI) or to cash out a portion of their home’s equity. No matter what the reason you are looking to refinance it is important to know that your lender will still likely require you

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