James Savitz

BUYING VACANT LAND

BUYING VACANT LAND

Most real estate agents are concerned by the prospect of representing purchasers that are attempting to purchase vacant land for the purpose of constructing a residence.  If the purchasers are working with a developer or builder that is familiar with the issues and pitfalls and that has a staff to determine feasibility, it is not very …

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A REVIEW OF TITLE INSURANCE: BASIC VS. ENHANCED COVERAGE

A REVIEW OF TITLE INSURANCE: BASIC VS. ENHANCED COVERAGE

Real Estate Agents, as well as consumers, are generally familiar with title insurance which requires a one-time premium payment to guarantee clear title to property for the duration of the purchaser’s ownership.  Traditional lenders will always require that a policy of title insurance be purchased to insure that there is no loss or claim that …

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