Not all education is equal in extrinsic value (economic compensation) or intrinsic value (value to the person). Graduates with a degree in Social Welfare do not typically make much money at all, but many of these people feel extremely rewarded by what they accomplish.
Although this blog is avowedly apolitical, with the results of the recent election, it seems likely that one of the most significant tax benefits for real estate investors will remain intact – the 1031 exchange. A properly structured 1031 exchange allows a seller of real estate to defer taxes on capital gains on the sale …Read more
In my last blog post, I explained the job of underwriting attorneys and our role in evaluating title insurance risk and working with agents and customers to help them get the deal done, while taking risk into account. Specifically, how do we evaluate whether a title insurance risk is acceptable? The primary way is by …Read more
Recently, I had the fortunate experience of being interviewed by the Albuquerque Journal for a story on the value of title insurance. Along with Division President Jennifer Greenwood, we had the opportunity to make a complex process easier to understand and explain the importance of title insurance. As I noted in the story, most insurance …Read more
Home insurance provides coverage in the event your home or belongings suffer damage or complete loss. When you make a claim, the coverage provided is based on the event that caused the damage, also known as a “peril.” A common peril homeowners want on their policy is water damage. There are four separate types of …Read more
A major risk real estate professionals should be aware of is fraudulent wiring instructions. Cyber criminals are increasingly sending false messages on behalf of home sellers, real estate agents, title agents and lenders, and many times these messages involve instructions to transfer money. Here are some precautionary measures you should consider from a risk management …Read more
Hurricane season is here for coastal parts of the country. And while non-coastal areas may not be directly affected by hurricanes, everyone is susceptible to detrimental weather events, such as tornadoes, hail, severe thunderstorms and flooding. As a result, your property could suffer significant damage. Our team at Stewart Insurance and Risk Management wants to …Read more
We have previously given our top tips to consider when selecting home insurance; but what does your home policy actually protect? Whether you are purchasing home insurance for the first time or renewing for your 20th year, understanding the basics of your insurance policy is important so you can better evaluate your options.
After housing and healthcare costs, for many households their next largest expenditure is their automobile or light truck. While the purchase cost for autos is more uniform than housing costs across the country, the same is not true for annual auto insurance. Figuring where the most and least cost states for auto insurance is not …Read more
For many want-to-be homeowners, it’s not the ability to make the monthly principle-interest-taxes-and-insurance payments, but rather the lack of down payment that is blocking them from owning a home of their own. Just like the economy and real estate markets, even down payments vary from one locale to the next. And from time-to-time. From state-to-state. …Read more