http://landrecs.com/blog Jeanne Johnson & Associates, Land Title Abstracting, Title Searching, Title Exam, Closing, Real Estate Education Thu, 26 Jun 2008 17:01:42 +0000 http://backend.userland.com/rss092 en A Philidelphia online Newspaper, RoxReview has a must read story about title theft and how they plan to combat the bad guys. Here is an excerpt about the ploy: ...thieves find houses that are vacant and obviously have not been looked after. They use public records to learn when taxes and water ... http://landrecs.com/blog/2008/06/26/laws-change-to-protect-consumer-when-recording-deeds/ Here is a post from a Tulsa, OK paper that is typical of the misunderstanding of the Abstracting Industry. It's claims are ridiculous, absurd, unfounded and downright annoying. Read it to see why we need to educate the world about our jobs as title abstractors. http://landrecs.com/blog/2008/06/23/title-abstractor-news-article-absurd/ From online blogs today, we see horrendous discussions of “how do we get around the RESPA Law?” Here are some prime examples: Builder Incentives Any ideas on how to give an incentive to get a builders business RESPA legal? As an incentive for the builder to give me his business, I would ... http://landrecs.com/blog/2008/06/21/this-is-why-we-need-respa-reform/ Situation: An acquaintance of yours plans to walk away from her four-bedroom house in a close by subdivision and let the property fall into foreclosure. But before doing so, she hopes to lock in the purchase of another home nearby. She comes to you for advice. She can find the ... http://landrecs.com/blog/2008/06/20/buy-a-new-home-bail-on-the-old/ Americans are failing. It is happening right before our eyes. A Nation once so proud is failing quicky. We are happy to spend money on Fancy Coffee Drinks and Nintendo Games. We are happy to run up credit card debt to get what we want today . But when it ... http://landrecs.com/blog/2008/06/18/americans-fail-the-grade-when-it-comes-to-basic-economics/ Only occasionally do we find news with facts that point out that title insurance is a good and valuable product. In this blog article, and comments, we see that someone has an understanding of a real estate title problem and of a product that takes card of the problem. ... http://landrecs.com/blog/2008/06/14/god-bless-america-and-title-insurance-blog-article/ We all know the bad apple loan officer, title agent or appraiser. We all know the consumer, who anzious to move into that new home, signed on for a bad deal. Well, RESPA is looking to help out that consumer. The vast majority of consumers shop for a mortgage focusing not ... http://landrecs.com/blog/2008/06/12/proposed-respa-changes-are-a-good-thing/ Due to the multitudes of bad loans written in the last few years, and the subsequent foreclosure problems, the government is trying to institute what I call a “Bozo-proof” approach to the loan. So how do you take a complex set of mortgage documents and make them “easily understandable?” Answer: ... http://landrecs.com/blog/2008/06/12/the-hud-miranda-script/ The future of a Title Plant is no longer in Title Insurance; it is in Real Estate Information (REI). Real Estate Information is a huge market, much bigger than title insurance. After all, real estate is our country’s biggest asset by far. Every day we see examples of farming REI ... http://landrecs.com/blog/2008/06/06/a-foggy-look-into-future-of-the-old-title-plant/ As is typical of our industry, we are always engrossed in something. Currently the talk is potential RESPA changes, Fraud, and the Woes of a Weak Market (along with that age old fist-fight about the fairness of aba’s of course.) And these issues certainly do affecting our day to ... http://landrecs.com/blog/2008/06/05/a-foggy-look-into-the-future-of-title-agents/