House to consider bill to change TRID rules
“TRID Improvement Act of 2017” could give lenders more regulatory leeway The House of Representatives could soon consider a bill that would bring several changes to the Consumer Financial Protection Bureau’s “Know Before You Owe mortgage disclosure rule”, also known as the TILA-RESPA Integrated Disclosure rule…
What Do We Do? (According to Zillow)
A title company makes sure that the title to a piece of real estate is legitimate and then issues title insurance for that property. Title insurance protects the lender and/or owner against lawsuits or claims against the property that result from disputes over the title….
Why companies are flocking to Richmond
Richmond has scored some big business wins recently. Not only are companies like Owens & Minor choosing to expand their existing presence in the market, but the metro area is drawing new tenants who are relocating from other major cities or opening new operations in…
SCAM ALERT!
If you’ve been following our blog recently, you’ve probably noticed that we’ve talked a little bit about security and privacy. We’d like to share a very real story that happens more often than you’d expect and explains why we’re in business. A buyer finds a…
The Bizarre Ways Your Home Can Be Taken from You Legally Part 2
Think paying your mortgage on time every month means you’re safe from losing your home? Think again. There are many bizarre ways your home can be taken from you legally. Or, even if you don’t lose your home, the value of your home can be…
The Bizarre Ways Your Home Can Be Taken from You Legally
Paying your mortgage isn’t always enough to keep your home. You can pay your utility bills and property taxes … be a model citizen – and you can still be at risk of losing everything and having your world turned upside down. Without any warning….
Never Buy a Foreclosed Property without Doing This First
Foreclosed properties at higher risk for having title defects You should never buy a foreclosed property without a thorough title search AND title insurance – here’s why. First example: Look at the Massachusetts Supreme Court case U.S. National Bank Association vs. Antonio Ibanez in 2011….
Questions to Ask Your Agent about Title Insurance
Title insurance is not something in most people’s day-to-day vocabulary, unless you are in the construction, mortgage lending, or real estate industries. And yet, when you use a loan to purchase property, you are required to buy title insurance in every state except for Iowa….
Safe Harbor Title Company Opens New Office in Fredericksburg, Virginia
Answering strong demand for expert title insurance and settlement services, Safe Harbor Title Company has opened a new office in Fredericksburg. The office is located at 4903 Plank Road, Suite 203, and employs two full-time title agents. “Fredericksburg is an underserved area, as far as…
Fighting Back Against “Social Engineering” Cyberattacks
Any time large amounts of money change hands — as they do in most real estate transactions — nefarious hackers are nosing around, searching for a way in. That’s why Safe Harbor Title Company guards vigilantly against cyberattacks. We use encrypted email to communicate with…