Happy Thursday everyone! Every Thursday we set out to share a tidbit of real estate history with you. Do you know an interesting event, obscure real estate law, or funny real estate story that you’d like to see featured in our series? Then email Jennie with your contribution at firstname.lastname@example.org.
Today’s Throwback Thursday Tidbit:
1980s: The first known home inspection company, Home Equity Loss Protection Services, was incorporated in the 1980s. Christopher Nolan, an investor of distressed real estate (then a nationally recognized real estate expert and speaker for Lowry Seminars), realized a need to have skilled professionals inspect key areas of the home prior to his purchases in order to mitigate the risk of his investments. Thus, he created a business (H.E.L.P) to do so.