Title Insurance Policies – Major Items Buyers Need to Know

In the last few months, we have had some transactions in which the buyer has waved purchasing the Owners Title Insurance Policy. That is their right to do so as “technically” it is optional. What many buyers don’t take the time to learn are the many upsides and protections Title Insurance Policies provide. Not [...]

2021-05-24T12:52:29-04:00June 2nd, 2017|

Title Commitment vs Title Insurance Policy-The Differences Explained

I had a client closing last month where the buyer (last-minute) needed a real estate attorney to draft up a document/agreement. The buyer went to the attorney who also said: “Do you want me to look at your Title Insurance Policy?” The buyer said sure. The attorney then started saying things like…”hmm, that isn’t good” and [...]

2021-05-24T12:59:21-04:00September 30th, 2016|

Why it is Important to Buy an Owners Title Insurance Policy

In many instances when a homebuyer comes to the closing table to sign what seems like a mountain of paperwork, legally binding them to a property, they don’t always understand the extra $1000-$5000+ for “Title Insurance.”  What many people don’t understand, or sometimes it is not explained that Title Insurance is a 1 time [...]

2021-05-24T13:25:39-04:00July 6th, 2015|