Many homeowners believe that selling a home themselves (without an agent) is a great opportunity to save money when it is time to move into a new space, which may often be true. However, there are several things to be aware of when purchasing or selling a home without the assistance of an agent. Since […]
How Much Does Title Insurance Cost?
Title insurance protects mortgage lenders and homebuyers against certain problems or defects with a title during and following a transfer of property ownership. If there is a title dispute during the sale of real estate, the insurance company will generally pay for legal damages covered by the insurance policy. Title insurance premiums can range from […]
What is a Real Estate Settlement?
Buying or selling a home is often a long, tedious process with many variables involved. One part of the process that everyone can look forward to is the closing. Also referred to as a ‘real estate settlement,’ the closing on a home is the final step before the buyer receives the keys, documents get recorded […]
What Is Owner’s Title Insurance?
Errors in property ownership records are more common than you think. If you are in the process of purchasing a home, your lender may have spoken to you about owner’s title insurance. This type of insurance covers potential damages in the event that a third party contests your ownership of a property. While most lenders […]
How to File a Mechanics Lien
If you are concerned about getting paid for your work as a contractor, you may want to consider filing a mechanics lien. A lien prevents the owner of a piece of private property from selling, refinancing, or transferring ownership of the property until it has been paid by the property owner. In this guide, learn […]