First American Natural Hazard Disclosures Now Offers Proprietary Tax Disclosure Reports
-New Reports Educate Buyers and Sellers While Keeping Cost of Disclosure
Reports Competitive-
IRVINE, Calif., Jan. 28 /PRNewswire-FirstCall/ -- First American
Natural Hazard Disclosures (FANHD), a member of The First American
Corporation (NYSE: FAF) family of companies and a leader in the real estate
disclosure report industry, announced today that it has launched the FANHD
California Property Tax Disclosure Report(TM), creating a cost-effective
choice for real estate professionals and their clients.
A property tax disclosure report is used to alert homebuyers to current
and future taxes, fees and assessments that will be imposed on a property.
This type of information can prevent unnecessary surprises in the
home-buying process. Much of the information is also required to be
disclosed by California law.
FANHD recently invested in acquiring and further developing its own tax
information database as a way to offer customers more choices in the
marketplace. FANHD's new tax disclosure report provides an additional
resource for California's real estate professionals and competitive prices
for homebuyers and sellers.
"First American's tax disclosure report provides multiple benefits to
real estate professionals and their clients," says Gino Blefari, president
and chief executive officer of Intero Real Estate Services. "The reports
provide excellent liability protection for consumers and assist the
industry in keeping prices competitive, which is always in the best
interest of the consumer."
Additional information on the FANHD California Property Tax Disclosure
Report may be obtained by calling 800.527.0027 or visiting
http://www.fanhd.com.
About The First American Corporation
The First American Corporation (NYSE: FAF) is a FORTUNE 500(R) company
that traces its history to 1889. With revenues of $8.5 billion in 2006, it
is America's largest provider of business information. First American
combines advanced analytics with its vast data resources to supply
businesses and consumers with valuable information products to support the
major economic events of people's lives, such as getting a job, renting an
apartment, buying a car or house, securing a mortgage and opening or buying
a business. The First American Family of Companies, many of which command
leading market share positions in their respective industries, operate
within five primary business segments, including: Title Insurance and
Services, Specialty Insurance, Mortgage Information, Property Information
and First Advantage. More information about the company and an archive of
its press releases can be found at http://www.firstam.com.
Media Contact:
Carrie Gaska
Corporate Communications
The First American Corporation
(714) 250-3298 -- cgaska@firstam.com
Mark Seaton
Investor Relations
The First American Corporation
(714) 250-34264 -- mseaton@firstam.com
SOURCE The First American Corporation
RELATED LINKShttp://www.vsda.org
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