Blog Archives

Title Insurance Vital to Protecting Homebuyers – Part II

*Part II

Unlike most other types of insurance, you pay a one-time premium at the time of your home purchase for coverage that continues as long as you or your heirs own the property. Depending on where you live, the cost of an owner’s policy is marginal when a lender’s policy is also being issued.  This “simultaneous issue” discount means you do not pay full premium for owner’s and lender’s policies. You may even split settlement costs with the seller for the lender or owner’s policy. Depending on the state, rates are set by the state’s Department of Insurance or by the companies themselves. Consumers should ask their local title company how rates are determined and what services are included in the rate for where they live. Read the rest of this entry

Your Worst Real Estate NIGHTMARE!

This is one of those stories that you may not actually believe unless you heard it directly from the person himself.  And, even hearing from him…my jaw didn’t want to lift from the floor!  I had dinner with a client last week and he divulged an embarrassing and horrific story of a real estate deal gone wrong.  It’s the very essence of WHY we buy title insurance.  However, in this case, it didn’t help him… Read the rest of this entry