What is Contract of Sale Preparation?
Even if you have never purchased property, you probably already know that the process of buying a home or commercial building requires more than just the exchange of property and money. A real estate contract of sale serves as the legally binding contract or agreement between the two parties involved in the transfer or purchase […]
Important Questions to Ask About Title Insurance
Whether you’re buying a house for the first time or the fifth time, there are a lot of different questions and concerns to consider throughout the process. One of the most important aspects of buying a house is making sure that you have ample title insurance. If you’ve never invested in title insurance before, this […]
Is Title Insurance Necessary for Vacant Land?
You may know that you need title insurance for your home, but you may not think you need it for land without a structure on it. In actuality, title insurance is necessary for all sorts of property, including vacant land. Title insurance does not simply cover problems relating to a home that could be overlooked. […]
Owner’s Title Insurance Vs. Lender’s Title Insurance
So, you’re ready to buy your house and everything is going according to plan. As you approach the closing process, you might hear about something called “title insurance”, but you might not know what it is. Today we’re going to be going over what title insurance is and the difference between a lender’s policy and […]
Is Title Insurance Transferable?
If you’re in the process of transferring property to someone else, you may be wondering how this will affect your title insurance policy. Many are understandably confused by the concept, as the rules of title insurance can often be confusing. If you’re transferring property, you’ll be happy to know that most circumstances do not invalidate […]
Do I Need Owner’s Title Insurance for a Condo?
Title insurance is just as available for condominium owners or buyers as it is for those who own larger, standalone properties. When you apply for owner’s title insurance for a condominium, a title search will be conducted to check for any defects, liens, or delinquencies tied to the condo by a previous owner – or […]
Do I Need a Deed When I Sell My House?
You’re ready to sell your home, but there’s one alarming problem: you can’t seem to find your deed. You may have packed it away, you may have misplaced it, or it could have gotten destroyed in a disaster such as a fire or a flood. But, don’t worry–that single physical copy of your deed is […]
What to Look for in a Title Company
When purchasing a home there are hundreds of decisions you have to make. Some of those decisions are easy and have little bearing on the overall process of purchasing a home. Some decisions, however, require a little more research and consideration. Choosing a title company is a big decision, because having a clean title is […]
Who Usually Pays for Title Insurance?
You already know you need title insurance. But when the time comes to pay, who usually pays for a new title insurance policy? With all of the confusion and excitement of closing on your house, knowing which party is going to handle the title insurance is going to take some of the pressure off of […]
Advice for Purchasing a Condo
Are you in the market for a condominium? These properties are incredibly popular all across the nation and for good reason. A condo, short for condominium, is a building owned by multiple people where each unit is individually owned. This type of housing environment brings a unique set of pros and cons. This means, when […]