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.
