A title insurance policy is typically acquired during the due diligence and closing stages of a real estate sale. This insurance protects the lender and the borrower from issues (and costs) associated with the home’s title. In this review, we take a closer look at title insurance and discuss when a policy is required to […]
How Title Insurance Works for a House
Title insurance is often acquired as a part of the process during a home purchase transaction. For owners, their title insurance policy remains in effect throughout the duration in which they own their home. For lenders, this remains in effect as long as they have money invested in the home (mortgage). In this review, we […]
What to Know About Commercial Land Title Insurance
Commercial real estate transactions are considerably different from residential transactions. Most notably, the sum of money being exchanged is much larger. For this reason, lenders must know they are well protected before they provide a loan for a buyer. Commercial land title insurance is a great way to mitigate financial risk for the buyer and […]
Understanding Your Title Insurance Commitment
A title insurance commitment is provided to the policyholder before the title insurance policy is issued. It is important to have a full understanding of your title insurance commitment and adequately read through the document before you officially start your insurance policy. In this review, we discuss the specifics of your commitment, including precisely defining […]
How A Title Insurance Policy Protects You From Wire Fraud
A title insurance policy is a great way to reduce the risk of complications during a real estate transaction. This may include various types of fraud, along with a range of other benefits. In this review, we discuss how title insurance may be able to reduce the risk of wire fraud occurring and the additional […]