The answer is simple because of our financial security, expertise and level of customer service. Now, more than ever, choosing the right IRC 1031 qualified intermediary (QI) is of paramount importance.
OREXCO, a nationally recognized QI with 19 offices nationwide, has facilitated over 100,000 exchanges. OREXCO's team includes 10 attorneys and nine certified exchange specialists. OREXCO's experienced banking department uses advanced banking software to coordinate the efficient handling and wiring of funds and to provide you with immediate and up-to-date account information.
OREXCO is owned by Old Republic International. ORI is a Chicago-based multi-line insurance company with over $13.2 billion in assets and a total capitalization of nearly $4 billion, which ranks among the nation's 50 largest publicly held insurance organizations. ORI's most recent annual report and other key information may be viewed at www.oldrepublic.com.
Recently, Forbes Magazine commended ORI's conservative underwriting practices and financial strength, noting that ORI's diversified insurance products helped it to prosper despite the present difficult economic market. In particular, Forbes noted while other major mortgage insurers reported large losses for 2007, ORI posted a profit.
OREXCO's corporate parent will provide, upon request, a letter stating that it will reimburse OREXCO's client for any loss of funds if such loss is the result of OREXCO's or its employees' gross negligence, fraud, or dishonesty. This additional protection, combined with the ORI family of companies' financial strength ensures the integrity of your funds while they are held by OREXCO.
OREXCO is covered by professional liability (errors and omissions) insurance with a $5 million aggregate limit and a fidelity bond covering acts of dishonesty or fraud with a $40 million single loss limit and an $80 million aggregate limit.
With a professional staff dedicated to delivering the best section 1031 consulting and service coupled with outstanding financial strength, OREXCO's clients are assured that their transactions will be processed accurately, timely and with the utmost security.

Mariellen Hairston, Esq., is vice president of Old Republic Exchange Company (OREXCO), Wayne, Penn. Tags: