Amazines Free Article Archive
www.amazines.com - Monday, November 18, 2019
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133320)
 Advice (160949)
 Affiliate Programs (34735)
 Art and Culture (73688)
 Automotive (145679)
 Blogs (75053)
 Boating (9840)
 Books (17212)
 Buddhism (4124)
 Business (1328542)
 Business News (426309)
 Business Opportunities (366263)
 Camping (10962)
 Career (72734)
 Christianity (15843)
 Collecting (11637)
 Communication (115054)
 Computers (241954)
 Construction (38996)
 Consumer (49680)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20387)
 Dating (45776)
 EBooks (19687)
 E-Commerce (48204)
 Education (185253)
 Electronics (83497)
 Email (6392)
 Entertainment (159830)
 Environment (28937)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110900)
 Fashion & Cosmetics (196389)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310272)
 Fitness (106103)
 Food & Beverages (62867)
 Free Web Resources (7938)
 Gambling (30225)
 Gardening (25106)
 Government (10513)
 Health (629515)
 Hinduism (2205)
 Hobbies (44040)
 Home Business (91556)
 Home Improvement (251349)
 Home Repair (46127)
 Humor (4823)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29546)
 International Property (3485)
 Internet (190983)
 Internet Marketing (146334)
 Investment (22824)
 Islam (1167)
 Judaism (1356)
 Law (80486)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98770)
 MLM (14136)
 Motivation (18213)
 Music (27003)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129616)
 Organizing (7803)
 Party Ideas (11855)
 Pets (38080)
 Poetry (2234)
 Press Release (12674)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126621)
 Recreation & Leisure (95272)
 Relationships (87552)
 Research (16158)
 Sales (80321)
 Science & Technology (110220)
 Search Engines (23453)
 Self Improvement (153101)
 Seniors (6232)
 Sexuality (35942)
 Small Business (49284)
 Software (82995)
 Spiritual (23465)
 Sports (116079)
 Tax (7658)
 Telecommuting (34066)
 Travel & Tourism (307385)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11727)
 Website Design (56822)
 Website Promotion (36567)
 World News (1000+)
 Writing (35769)
Author Spotlight
MAXWELL JIANG

My mission is to help one million people recover from their exes, to provide valuable information so...more
RAJESH THAPALIYA

I am in Nepalest tourism industery working since 2000 as a trekking porter to the senior tour leader...more
ANISH SAH

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more
DELORES KEEPER

Delores Keeper has been playing chess for over 50 years. Some tournaments, some teams (when she was ...more
RAHUL JOHN

The venture glorifies your life with the essence of sumptuous features that carries you in the world...more


E&O Policy Steps in When Real Estate Deal Goes Wrong by James Laduke





Article Author Biography
E&O Policy Steps in When Real Estate Deal Goes Wrong by
Article Posted: 11/15/2013
Article Views: 325
Articles Written: 3
Word Count: 430
Article Votes: 0
AddThis Social Bookmark Button

E&O Policy Steps in When Real Estate Deal Goes Wrong


 
Insurance
Talk to anyone who has been through the process and they’ll likely agree that buying or selling a home is one of the most significant, emotional, satisfying, and potentially frightening and frustrating events in one’s life. Take Sharon and Sam, for example—a teacher and an entrepreneur, recently retired, who decided to sell their sprawling three-level home and downsize so they could be free to travel the world now that they have time on their hands. The agent they selected to put their home on the market was a reputable agent with lots of experience with homes in that area, and a large client base to whom she could present the property. Just weeks after an open house, the retired couple received an offer for their home, and accepted the full-price offer with pleasure. Little did Sam and Sharon know that happiness would soon turn into a headache and ultimately a lawsuit. That’s because, when it comes to errors and omissions, real estate professionals—no matter how experienced—can make a mistake that ends up causing harm to their clients.

A fast-moving deal moved just a bit too fast

The couple’s agent, Judy, worked with the buyer’s agent who represented some very aggressive buyers who insisted on closing escrow in a matter of a handful of days. The parties agreed to a very accelerated schedule but in the midst of the rapid-fire inspections, contingencies, exchanges of special requests, and exceptions, Judy made a critical error; she missed completing a document that was critical to the deal closing on time. Between the new owners being upset about not being able to move in as initially scheduled (and demanding compensation for the delay), and Sharon and Sam being upset about the late closing, which caused them to have to postpone travel arrangements (with substantial charges for the last-minute reservation changes), the costs resulting from the mistake amounted to several thousand dollars.

Coverage protects in the event of mistakes

Fortunately, Judy had purchased errors and omissions real estate coverage as part of a comprehensive insurance package recommended by her professional insurance agent. Judy found that the policy covered her for the mistake, so rather than having to come out of pocket to reimburse the parties for their losses. Talk to a professional agent to learn more about this important coverage, because with so many complexities and moving parts involved in every sale—and the fact that people, even experienced professionals, are capable of human error—the risk of making a grave error in the course of conducting business cannot be denied. Call an agent today.

Related Articles - errors and omissions real estate professionals, errors, omissions, real estate, professionals,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
STEVE BURGESS

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license