What Is Title Insurance? When buying a home, your title—the legal right to own and use the property—can be clouded by hidden issues: old liens, unknown heirs, recording errors, or even fraud. Unlike typical insurance policies, which cover future risks, title insurance protects against issues from the past—preserving your ownership and protecting your investment. Why …
Continue reading “Understanding Title Insurance: Your Shield in Every Real Estate Transaction”
Buying a home is exciting—but it also comes with legal and financial details that can be easy to overlook. One of the most important protections at closing is title insurance. It’s not as flashy as new paint or a renovated kitchen, but it can save you thousands and protect your ownership if past issues surface …
Yes, title insurance is something first-time homebuyers should pay attention to, even though it’s often overlooked. Here’s why: What Is Title Insurance? Title insurance protects against hidden problems with a property’s ownership history—issues that might not show up during the title search but could surface later. These include: Unpaid property taxes or liens Errors in …
Continue reading “Do first-time homebuyers need to worry about title insurance?”
Why You Need a Title Insurance Policy Before deciding if you need to consult with a lawyer for title insurance, it is best to understand why having a title insurance policy is necessary. During the mortgage process, purchasing a lender’s title insurance is mandatory. Yet, some homeowners choose to buy title coverage for themselves because …
Title insurance is a type of indemnity insurance that protects both homebuyers and lenders from financial loss due to defects in a property’s title. Here’s a breakdown of what it is and why it’s important: What is Title Insurance? Title insurance covers issues that might arise with the ownership of a property after the purchase. …
Continue reading “What is Title Insurance and why do you need it?”
It can be challenging to navigate a real estate transaction. This is particularly true for those who don’t have much experience with the field. While hiring a real estate agent is typically recommended, it is often not sufficient. Working with a real estate lawyer is also critical. A legal real estate professional can assist you …
Continue reading “5 Benefits of Working With A Real Estate Attorney”
When you say ”recession’, many people think of the Great Recession of 2008-10, and while that period and others like it devastated the worldwide economy, we’ve learned a lot in the process. During recessions, companies often collapse, people lose jobs and struggle day-to-day… it’s a really hard time for many people. But recessions have patterns, …
What is Title Insurance? If you are refinancing your home or trying to purchase a new home, at some point the term Title Insurance will come up. An unbelievable number of people have no clue what title insurance is but they purchase it every day. In a nutshell, title insurance, is a policy that limits …
Imagine closing on your dream home only to discover a few years later that the seller never had the right to sell it in the first place. This scenario is more common than many homeowners might expect. Bankruptcy complications, multiple owners, and forgotten easements can all transform your dream home into a nightmare. Fortunately, there’s …
