News

So, how do you feel about cranberry sauce? Love it or hate it, there’s no denying that – next to giant roast turkey, mashed potatoes, green beans and pumpkin pie – there isn’t a more iconic Thanksgiving dish than that distinct, rose-colored sweet and tart side. In fact, we eat more than 400 million pounds of cranberries each year—20 percent of that happening on the fourth Thursday of November alone.
That’s why we can’t talk about wire fraud too much. It is National Cybersecurity Awareness Month after all! Recently, we shared some simple tips on how to stay vigilant in your defense against cybercriminals, such as updating your passwords frequently and implementing protocols and guidelines for your teams.
As you’re examining the many expenses related to your potential home loan and purchase, you may have noticed two expenses that seem overlapping at first glance–owner’s title insurance (or the Owner’s Policy) and lender’s title insurance (or the Loan Policy). It makes sense to ask what these are and why they’re there. Both serve as important items for you, and your lender, both now and in the future.
You may already know the difference between a “spot” survey–or Surveyor’s Real Property Report (SRPR)–and a “stake” survey or Boundary Survey (the official legal name). But prospective homeowners or home purchasers would do themselves a favor by learning how a title company considers either to protect your future investments.