Service: Closings
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Navigating the NAR Settlement Amid New DOJ Scrutiny: Essential Insights for Realtors, Brokers, and Buyer
U.S. District Judge Stephen Bough’s recent approval of the National Association of Realtors’ (NAR) $418 million settlement in the Sitzer/Burnett antitrust case marks a significant shift in real estate commission structures. However, the U.S. Department of Justice (DOJ) has expressed concerns that certain provisions may still hinder competition, indicating that further scrutiny is likely. Key…
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Jim Dressman
Jim is a former managing partner and current DBL Law partner practicing extensively in the areas of Banking & Commercial, Business & Transactional, Estate Planning & Probate, Real Estate and Tax Planning & Compliance. He represents profit and nonprofit entities and individuals in financial transactions, business mergers and asset acquisitions and sales, and real estate…
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Title Insurance: Your Shield Against Property Ownership Nightmares
When you’re buying a new home or real estate property, it’s an exciting time filled with possibilities and dreams of the future. However, amidst the excitement, it’s essential not to overlook one crucial aspect of the transaction: title insurance. Excel Title Services is here to emphasize the importance of having title insurance and working with…
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Commercial Real Estate Purchasers – Be Diligent With Your Due Diligence
It is all too easy to toss aside a commercial real estate purchase agreement once signed. However, it is important for the purchaser of commercial real estate to be aware of the terms of the agreement. One of the most critical terms is the deadline by which the purchaser must complete its due diligence for…
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Protecting Buyers and Sellers: The Importance of Title Companies
The Greater Cincinnati real estate market has seen strong growth despite industry setbacks caused by the COVID-19 pandemic. Real estate professionals attribute this to low interest rates and inventory shortages. While the longevity of the current growth is unpredictable, the need for title companies is constant. What do Title Companies do? Through their title agents,…
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Tips For Purchasing Title Insurance
There are many reasons why it is important for a real estate owner and mortgage lender to purchase title insurance. Title insurance protects owners and lenders from hidden hazards resulting from liens, encumbrances and defects in the title to the property. These hidden hazards threaten the investment in the real estate, which oftentimes is substantial.…