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What is Title Insurance?
Title insurance provides coverage for certain losses due to defects in the title that, for the most part, occurred prior to your ownership. Title insurance protects against defects such as prior fraud or forgery that might go undetected until after closing and possibly jeopardize your ownership and investment.
What Is Escrow
Why do I need an Escrow account for the purchase of a home? What exactly happens in Escrow? The video below will explain Escrow and why it is necessary for a smooth and safe transfer of ownership. Stay tuned for more videos explaining home purchases.
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Happy 105th Birthday Coldwell Banker!
105th Birthday Cake for Coldwell Banker
PARSIPPANY, N.J. (August 26, 2011) – Coldwell Banker Real Estate LLC celebrates its 105th birthday, reflecting on the history of the brand and the changes to the real estate industry since the founding of the company on August 27, 1906 in San Francisco.
“As a brand, Coldwell Banker has navigated the real estate industry during two World Wars, the Great Depression and countless recessions,” said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. “While the world and our industry are in a different place now than 105 years ago, the dream of homeownership is still alive and vital.”
Coldwell Banker was founded by Colbert Coldwell, and later Arthur Banker, in San Francisco, California to bring ethics and integrity to a real estate industry that had lost its way after the 1906 earthquake. Out of the ashes of a severe earthquake, Colbert Coldwell and Arthur Banker built the company from the ground up and began a legacy of excellent service for people buying or selling homes. Coldwell Banker Real Estate employees at the company’s headquarters in Parsippany, N.J., celebrated the occasion with a festive cakedesigned to reflect the company’s commitment to innovation and the development of new technology.
“We believe Coldwell Banker agents are the best in the real estate business and they exemplify that strong heritage of ethics and integrity established by Colbert Coldwell and Arthur Banker,” said Budge Huskey, president and chief operating officer, Coldwell Banker Real Estate LLC. “Coldwell Banker continues to advance the brand, and the industry, through innovation and technology that helps people find information about homes anytime and anywhere.”
As an innovative leader in real estate, Coldwell Banker has launched various new tools and apps over the past year that bring consumers fun and informative ways to engage in the home buying and selling process. Some of these include a new Real Estate App for iPad, On Location videos that provide a look into different neighborhoods from the comfort of home, as well as new tools for homebuyers in the properties section of coldwellbanker.com.
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