Tampa, Fla. – November 23, 2015 – The Florida Agency Network (FAN), Florida’s largest network of independent title agencies, is proud to introduce Andrea Somers as its Compliance Officer, helping to guide the Florida Agency Network and its embodying agencies smoothly through the current era of heightened compliance expectations and requirements.
“With all of the growth and expansion, as well as changes to our industry, it only makes sense to have a dedicated compliance officer on hand. Andrea is well versed in the underlying regulations within our industry. She will be a great asset to our team.” says Aaron M. Davis, CEO of the Florida Agency Network and its multiple brands. FAN includes Hillsborough Title, Trident Title, Paramount Title, Tampa Bay Title, Cornerstone Title, Homeplus Title, Uptown Title, Bella Title, Performance Title & Escrow, Stronghold Title and Progressive Title Solutions.
As a licensed title agent in the State of Florida for over 14 years, with established proficiency in creating, and training in, corporate policies and procedures, Andrea brings the knowledge, experience, and expertise necessary to ensure all compliance regulations are met within the Network. Entering the title world in 2001, she worked her way through the ranks to become National Vendor Manager at TransContinental Title Company. In that role, she managed third-party vendors nationwide, including all notary signing agents and title abstractors. In 2010, Andrea began managing several different departments within New House Title, LLC, including Contracts, Processing, Closing, Funding, and Post Closing.
“I am so thrilled and honored to be working with such a talented group of people at the Florida Agency Network,” Andrea remarked, “It’s amazing to see the dedication everyone has towards being the industry leader in the State of Florida. I’m proud to be a part of the FAN Family!”
As the Florida Agency Network’s Compliance Officer, she will monitor the application of compliance requirements throughout the FAN Network agencies, ensuring all employees and vendors adhere to established procedures in order to safeguard the Non-Public Private Information (NPPI) of all clients and partners.
Well, as this story shows, there isn't a definitive answer to this question. You should look at each home for its individual characteristics.
Generally, older homes may be in more established neighborhoods offer more ambiance and have lower property tax rates. People who buy older homes, however shouldn't mind maintaining their home and making some repairs.
Newer homes tend to use more modern architecture and systems are usually easier to maintain and may be more energy-efficient. People who buy new homes often don't want to worry initially about upkeep and repairs.
As you’ll see in this video, many of your questions should focus on potential problems and maintenance issues.
Does anything need to be replaced? What things require ongoing maintenance like paint, roof, heating and AC, appliances and carpet?
Also ask about the house and neighborhood focusing on quality of life issues. Be sure the seller's or real estate agent's answers are clear and complete.
Like the video says, ask questions until you understand all of the information they've given.
Making a list of questions ahead of time will help you organize your thoughts and arrange all of the information you receive. The HUD Home Scorecard can help you develop your question list and keep a record for each potential home.
There are some great tips in this video, like:
if possible, take photographs of each house: the outside, the major rooms, the yard and extra features that you like or ones you see as potential problems.
Write things down as you go. And don't hesitate to return for a second look.
Use the HUD Home Scorecard (www.hud.gov/buying/checklist.pdf) to organize your photos and notes for each house.
Yes, the rumors are true! News of the Florida Agency Network's SOC 1/SOC 2 compliance examination, and future expansion plans, is circulating around town.
An Industry News feature in The Title Report goes over the exciting news FAN has announced lately.
Click here to read the article on The Title Report website.
As we show you in this video, in addition to comparing the home to your minimum requirement and wish lists use the HUD Home Scorecard and consider the following:
Bring a tape measure to better answer these questions and write down your measurements.
Imagine the house in good weather and bad and in each season. Will you be happy with it year-round? Take your time and think carefully about each house you see. Keep the scorecard and notes for each one.
Earlier this month, the Florida Agency Network announced plans to invest $5.18 million into expanding its corporate headquarters currently located in Plant City.
Florida Agency Network CEO, Aaron M. Davis, spoke with the Plant City Economic Development Corporation to go into depth on why the Network plans to stay in Plant City, the future of the title insurance industry and Davis’s vision for the future of FAN.
Click here to watch the full video.
To read more on the Florida Agency Network’s expansion plans, click here.
Andrea Somers
Compliance Officer, Florida Agency Network
As a licensed title agent in the State of Florida with over 14 years of experience, Andrea Somers has the knowledge and experience to provide guidance on compliance requirements within the Florida Agency Network.
Entering the title world in 2001, Andrea worked her way through the ranks to become National Vendor Manager at TransContinental Title Company. In her role, Andrea managed third-party vendors nationwide, including all notary signing agents and title abstractors. In 2010, she began managing several different departments with New House Title, LLC, including Contracts, Processing, Closing, Funding, and Post Closing.
In her spare time, Andrea enjoys spending time with her family while relaxing at the beach or checking out local food festivals.
Click here to congratulate and welcome Andrea to the FAN family!
The video puts this in more visual terms, but basically, contact the local Chamber of Commerce for promotional literature or talk to your real estate agent about welcome kits, maps, and other information.
You can get information about school systems by contacting the city or county school board or the local schools.
You may also want to visit the local library. It can be an excellent source for information on local events and resources and the librarians will probably be able to answer many of the questions you have.
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