Virginia Court Rules to Prohibit Title Company Home Warranties

On January 4th, 2017, the State of Virginia ruled that Title Company Home Warranties are no longer able to be provided to buyers at closing in return for business. If you don’t know this practice it goes like this: In many areas of the country, including the Northern Virginia, Washington DC, and Maryland areas, [...]

2021-05-24T12:56:09-04:00February 10th, 2017|

Title Commitment vs Title Insurance Policy-The Differences Explained

I had a client closing last month where the buyer (last-minute) needed a real estate attorney to draft up a document/agreement. The buyer went to the attorney who also said: “Do you want me to look at your Title Insurance Policy?” The buyer said sure. The attorney then started saying things like…”hmm, that isn’t good” and [...]

2021-05-24T12:59:21-04:00September 30th, 2016|

Settlement Agent vs Title Company – What is the Difference?

As Real Estate agents and Mortgage Lenders you deal with a lot of different companies when closing your transactions.  If you are in the Northern Virginia/Washington DC area hopefully you deal with just Stewart Title when it comes to your Real Estate closings.  Do you ever notice that some of the companies you deal [...]

2021-05-24T13:36:31-04:00November 3rd, 2014|