When you close on the purchase of a new home, you’ll be issued a title insurance policy. What is title insurance, and why is it so important for you to have it? What is title insurance coverage? Title insurance protects you against any disputes over the ownership of your home after your purchase it. Your… Read more »
Having clear title to a property is a crucial part of any transaction between buyers and sellers. What does it mean to have clear title, and why is it important? Definition of clear title A clear title in real estate means that the owner has unrestricted ownership of a property. The property is not subject… Read more »
When buying a house you expect to spend money beyond the sales price for some repairs or remodeling. Buyers don’t expect to have to pay to clear a lien against the property for unpaid taxes, and the prospect is intimidating. What is a tax lien? If you love a house that has one, should you… Read more »
Up until you buy your first home, your experience with insurance may be limited to auto, life and health coverage policies. When you buy your first home, you’ll encounter a slew of new types of coverage, including title insurance, homeowner’s insurance, flood insurance and maybe even something called an “umbrella policy.” To minimize the head-spinning,… Read more »
