Purchasing a home is a significant investment, and homeowners often secure title insurance to protect their property rights. While standard title insurance is commonplace during real estate transactions, there are instances where additional coverage becomes necessary....
title insurance
The importance of a preliminary title report
When it comes to purchasing a home, a step many buyers overlook is obtaining a preliminary title report. This report is a document that a title company or escrow agent prepares during the early stages of a real estate transaction that contains information about the...
Do you need title insurance when you buy a home?
The process of buying a home is complex, with many steps to consider. One aspect of this process is the importance of getting title insurance. While some buyers may question whether it is necessary, title insurance provides valuable protection for your significant...
6 frequently asked questions about title insurance for homebuyers
Purchasing a home is a significant financial commitment and involves many considerations. One aspect that often raises questions among prospective homeowners in Florida is title insurance. You need this form of insurance to secure the ownership rights to the property....
Identifying common title defects
Florida homeowners who have a title in their name have the right to occupy, use and own the property on the title. However, if there are unknown heirs or third-party claims, the title defects might threaten the ownership of a property. This can cause legal issues for...
Do you need owner’s title insurance?
If you are buying a home, then you likely know about title insurance and how it can protect against claims in the future. Having this protection is mandatory because it protects the lender’s interests in the event there is a claim. What you may not think about is...
Is there a difference between deeds and titles?
Buying a home is an exciting experience, but it is also stressful. With so many things to consider, you are likely to feel overwhelmed by the process. This is especially true when it comes to the closing. In addition to submitting the proper paperwork and ensuring...
How can I reduce my title insurance cost?
When you purchase a home, you generally pay for the title insurance costs as part of your closing costs. After a long and sometimes stressful house-hunting process, you might feel tempted to accept whatever the bank or your real estate agent suggests. Reconsider...
Protect your property with title insurance
For most people, buying a home is one of the most significant and most fulfilling financial investments they will ever make. Whether you recently purchased a home or just about to close, you may be considering whether you need to buy title insurance. Here's how title...
Is title insurance necessary?
Title insurance protects homebuyers and mortgage lenders from title defects during the purchase. About one-third of all real estate sales involve a defective title. This can jeopardize the valid ownership of the property, its value, and involve other legal damages....