RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

What to Know about Title Insurance

December 16, 2015 2:00 am

Purchasing a home is the single largest investment most will make in their lifetime. That investment is protected by title insurance—the cost of which varies across the country. To determine title insurance policy premium costs in your area, the American Land Title Association (ALTA) recommends consulting with a local title company to get detailed information.

In order to make sure a homeowner has clear rights to a property, the title agent will review prior deeds or mortgages, divorce decrees, court judgments, delinquent taxes and child and spousal support payments, utility or other easements and more. This work is necessary to issue the insurance policy and often includes the cost of conducting a title search, examination, correcting errors, issuing the policy, and, frequently, the settlement or closing for consumers.

When comparing fees, it’s important to get detailed information about what services are included in a fee to help ensure equal comparisons. In some states, the seller pays for the owner’s title insurance policy. Some rates may or may not include other services provided by the title company, such as conducting the closing, preparing and notarizing documents and other services. When comparing one rate to another, be sure to get detailed information on what is included in that rate, so you are comparing equally.

Many choose to rely on their real estate agent or mortgage lender for a recommendation for a title company; however, it is important to remember that you have the right to shop for title insurance and to choose your own title agent or company, says the ALTA. There are many factors to consider when selecting a title insurance company, such as local expertise, service standards, market conduct and commitment to the community.

Source: ALTA

Published with permission from RISMedia.


Tradition Trumps Mobile when Holiday Shopping

December 15, 2015 2:00 am

It’s no secret mobile shopping has become more popular than ever, and with the holiday shopping season in full swing, the convenience of mobile stands to drive an increase in browsing and buying via smartphone—but not for every shopper, says Mike Sands, CEO of marketing technology leader Signal.

"Mobile is critical during the holiday season because of the convenience it offers to time-crunched shoppers who can browse or buy the perfect gift for a loved one anytime, anywhere," says Sands. "But even today's busy, always-on consumers still want to enjoy the festivity of the season, and for many, browsing in stores is an important part of getting into the holiday spirit."

As such, many shoppers will endeavor on a cross-channel shopping experience, says Sands.  In fact, according to a recent Signal survey:

• 85 percent of respondents plan to shop from desktops or laptops;
• 82 percent of respondents plan to shop in stores;
• 60 percent of respondents plan to shop on smartphones or tablets.

Why is mobile taking a backseat? According to the survey, security concerns top the list of reasons why respondents are hesitant to make purchases via mobile. Respondents also cited concerns over viewing products on smaller screens and entering information on mobile devices.

Source: Signal

Published with permission from RISMedia.