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 Update on Land America Commonwealth/Fidelity

Created by:
Linda Grissette, Licensed Real Estate Broker,  St. Charles,  MO

Date: December 2, 2008, Number of Replies: 0


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I just talked to my local Land America Commonwealth rep and got the latest
information on the merger. The deal should be effective by the first of the
year. Fidelity is re-insuring all of the Land America Commonwealth title
insurance, so there is no problem them. What Fidelity is getting out of the
merger is new market areas, like here in St. Louis. She said that the only
reason they are declaring the 2 subsidary companies bankrupt is that
Fidelity didn't want them....just like I thought.

Linda Grissette, GRI, e-PRO Certified, Certified e-PRO Trainer, JIM * The
Best Seller GMAC Real Estate, St. Peters, MO * Mailto:Linda@Grissette.com
Check out my real estate products...with special pricing at
http://www.RealEstateMarketingHelp.com/Special.htm

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