Rich May News: 2006
June 29, 2006
Rich May Client, LandAmerica, Announces KnowYourClosing.com, Home Buyer Web Resource
Rich May attorneys offer home buyers, real estate investors, mortgage lenders, title insurers (such as LandAmerica), developers and real estate brokers counsel and representation on transactions and disputes involving real estate. The firm is pleased to help consumers become aware of this valuable home buyer information portal.
KnowYourClosing.com was conceived and developed by Rich May Client LandAmerica for consumer education, and is designed to be an easy-to-use resource — a primer — for homebuyers. The process of buying a house can seem complex, particularly when it comes to closing. And for many, it’s a new language. Homebuyers often feel they have little understanding of, or control over, the process, even though it’s one of the major financial transactions of their lives.
The site explains the closing process to buyers through brief paragraphs and simple concepts, using a Q&A format. It contains a glossary, as well as links to a wide variety of other websites such as state insurance departments, governmental and independent resources, consumer finance experts and even the major title insurance companies.
According to LandAmerica other online educational resources or sections of sites exist for homebuyers, however they are either too complex, self-promoting, buried within some other marketing-based site or otherwise not very user-friendly. KnowYourClosing.com is written in simple language with a minimum of industry-speak, making it an easy walk through the buying process. LandAmerica’s goal is to keep the site brief, accessible, conversational, and non-technical.
This is public service site is designed to help homebuyers who do not understand the:
1. Closing process, and spend too much as a result
2. Right they have to choose their title insurance company
3. Process, coverage, function, or value of title insurance and
4. Roles, the costs, or where to turn for straight answers during closing
The website features a significant amount of information about the value of title insurance, how it works, and where to find more details.
About LandAmerica
Headquartered in Richmond, Virginia, the companies of LandAmerica Financial Group, Inc. (NYSE:LFG) have been completing and protecting the nation’s real estate investments for over 125 years.
LandAmerica provides title insurance as well as a broad range of real estate transaction services and operate through more than 900 branch offices and a network of more than 10,000 active agents in the United States, Mexico, Europe, Canada, the Caribbean, and Central and South America.
LandAmerica customers include mortgage lenders, real estate developers and brokers, attorneys, and homebuyers.
About Rich May
Rich May’s diverse practice embraces the organization and operation of business ventures, venture capital, private placements, hedge funds, public offerings, technology licensing, mergers and acquisitions, contracts, joint ventures, internet and e-commerce law, employee relations, intellectual property, litigation and dispute resolution, energy, telecommunications, public utilities, wealth planning and real estate. Rich May provides superior legal and strategic counsel through its extraordinary commitment to clients’ success, outstanding professional competence and straightforward ability to communicate. Rich May embraces an entrepreneurial spirit and maintains a mission execution culture that distinguishes Rich May from other law firms.
Rich May combines the stability and experience of one of Boston’s oldest preeminent law firms with the innovative spirit and energy of a venture catalyst intensely focused on serving high-tech entrepreneurs, emerging companies and investors in New England and throughout the United States.
For more information, visit www.richmaylaw.com.
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