
Guest Blogger- Frank L. Defazio, Realtor & Attorney After years of representing buyers in Philadelphia I decided it was time to write a post that would give advice to anyone dipping their toe in the Philadelphia Real Estate market. The current economy has pros (low interest rates) and cons (high unemployment, shaky economy) like any other but I firmly believe that one thing holds true in any economy – the advantages of buying far outweigh renting for most people in most cities. Here is some advice that I can offer after … [Read more...]
Philadelphia Title Insurance Rate Change
Philadelphia Title Insurance is set to change due to a Rate Simplification submitted by the Title Insurance Rating Bureau of Pennsylvania (TIRBOP) and approved by the PA Department of Insurance. The new rates are effective July 1, 2012. There are no longer any rules regarding the length of time since the last insured transaction there is just one simple rate for refinances. The same is true for Philadelphia title insurance pursuant to a Philadelphia home purchase, one single rate for a purchase. The simplified rate tables … [Read more...]