Archives
Imagine that you purchase, in the state of Georgia for example, the home of your dreams, only to find out a few months or even years later that your home can be taken from you due to some legal glitch that wasn’t covered under your Georgia Title Insurance Policy. Many homeowners don’t consider purchasing a [...]
Title insurance is an insurance policy that provides an indemnity against loss or damage for many covered title risks relating to real property, including coverage in the event someone else claims an ownership interest in the insured property or in the event that the priority and enforceability of a lender’s mortgage on title is challenged.Title [...]
1. Order your optional survey within 7 days of closing.2. Decide if you want owner’s title insurance.
Although it is not likely, in some rare instances a person who has purchased a Tampa real estate ends up facing a problem with the title to the home. Unfortunately, in a very small number of cases, that title blemish ends up being found after the closing has occurred and after the purchaser has taken [...]
In order to protect themselves from possible claims from other persons, the lenders will most definitely require a home property title insurance. The main reason for this matter is the fact that otherwise, the lender would risk loosing large amounts of money. So, why not thinking ahead about the worse and trying to minimize these [...]
The last step in the process of buying Tampa real estate is the home closing. After this, there are important documents that you need to keep. You don’t necessarily need original copies, but it would be better if you have them in file for future reference.The following are the closing documents that you need to [...]