Our New Cybercrime Insurance Policy. A partnership that protects YOU!

  Buying, selling, or refinancing a home is one of the largest financial transactions a person will make in their lifetime. With the major transfer of funds between parties in these transactions, they are particularly susceptible to cybercrime. In today’s world, it’s a whole lot easier for criminals to steal money online than it is to rob a bank. According to the 2018 FBI’s Internet Crime Report, the FBI reports that they received an average of more [...]

By |2019-07-01T11:10:13-04:00July 1st, 2019|Announcements, In The Press|

Introducing SafeWire + Umbrella! The best protection against wire transfer fraud.

We hope you’ve heard of our new Umbrella program by now and all the great benefits it offers to keep you safe before, during, and after closing. (If you haven’t…be sure to check it out!) Our goal with Umbrella is to keep our customers safe. To best accomplish this, we are always looking for rock stars in the tech and cyber security space. And we certainly found one with our newest partner: SafeChain. SafeChain is the industry leader [...]

By |2019-05-22T12:56:01-04:00May 22nd, 2019|Announcements, In The Press|

Come Under Our Umbrella! Our new program to keep you secure before, during & after closing.

Over the past several years, we’ve noticed a storm brewing in the real estate and title insurance industry. More Affiliated Business Arrangements (AfBAs) have sprung up in the title space. An AfBA is an arrangement made between a title company and real estate agents or lenders that provides financial incentives for referring a consumer to their title company. Unfortunately, there has been a decrease in consumer awareness of these arrangements.  This has led to the perfect storm of [...]

By |2019-05-06T15:00:37-04:00May 6th, 2019|Announcements, In The Press|

Pull For The House! Our new pop tab charity drive.

Liberty Title has an exciting new charitable initiative for 2019! All of our Michigan locations are now participating in the Pop Tab Collection Program for Ronald McDonald House Charities. Ronald McDonald House provides a home away from home for the families of critically ill children. The funds generated from recycling aluminum tabs are used to offset the House’s expenses, which allows more families to benefit from their services. How does the pop tab collection program raise money? Pop [...]

By |2019-03-16T13:53:10-04:00March 16th, 2019|Announcements, In The Press|

Social Engineering: What kind of scams are out there?

Have you ever heard of a Nigerian bank account scam? You know the one about a Nigerian prince who has just been deposed and now needs your help accessing his inheritance. You’ll get rewarded for your assistance of course! You hand over your bank account details in good faith and *poof* your money disappears and you see no reward. These types of scams have been going on since the mid-1990s and are a common pop culture reference. However, [...]

By |2019-02-05T11:55:47-04:00February 5th, 2019|Announcements, Real Estate Sales, Title Insurance News|

Cybersecurity 101 – Back to Basics!

We’ve all heard the stories about digital scammers. Criminals faking wiring instructions, email addresses being hacked, money sent overseas and lost forever. With technology constantly changing and scammers growing more subtle and advanced in their techniques every day, it can feel overwhelming to find ways to protect yourself online. So...let's get back to the basics! Outlined below you will find some basic best practices for ensuring that your most common digital activities are more secure. If you’re looking [...]

By |2019-02-05T11:25:18-04:00January 1st, 2019|Announcements, Daily Productivity, Real Estate Sales|

Why 20% Of Homebuyers May Not Sleep Tonight

Let title insurance be your shield when protecting your property rights! We don't want to scare you! Well, not too much anyway... because it's important to us that you know the value of title insurance! Over the 40+ years we have been in business, we've seen it all and know more than anyone the value of a solid owner's policy that protects you and any heirs (i.e. your loved ones). Each year, approximately 20% of homebuyers fail [...]

How Title Insurance Protects All Homebuyers

Whether you’re purchasing a new or existing home, or refinancing, title insurance protects you against any problems affecting the title to your home.  The Basics There are two types of title insurance: the owner’s policy and the lender’s policy. The owner’s policy protects your property rights as the homebuyer, whereas the lender’s policy insures the financial investment of the bank or lender. If someone else claims ownership of your property, title insurance typically defends you legally and financially.  Common [...]

Agent Found Responsible For Wire Fraud Loss; Do You have $200,000 To Spare?!

A Federal Court has upheld a jury’s finding that a real estate agent and broker were 85% responsible for a wire fraud that cost their client $196,622.67 (Bain v. Platinum Realty, LLC, Dist. Court, D. Kansas 2018). Jerry Bain was working with a real estate agent to purchase a property. To fund the purchase, Bain was instructed to wire $196,622.67 to the title company. Unbeknownst to the parties involved, a criminal was intercepting e-mails exchanged between the title company, [...]

Protect Your Money When Buying A Home: How to Protect Yourself From Wire Fraud Schemes

Obviously, buying a home is a big deal – and not just for personal reasons. Most real estate transactions involve a person’s life savings and any criminal access to this information can be devastating. Hackers try to steal money every day by emailing fake wire instructions. One of the most common schemes? Criminals will use a similar email address and steal a logo and other info to make it look like the email came from your real estate agent [...]

By |2018-08-01T19:30:58-04:00July 1st, 2018|Announcements, Title Insurance News|
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