When buying a home, whether it’s your first or third, you’ll be asked if you want a title insurance policy, and probably be looking at homeowner’s insurance policies too. Although they may sound the same, especially both the lender’s and owner’s title insurance when combined with the homeowner’s insurance, they each serve very different purposes. …
Do You Need Homeowner’s and Title Insurance Policies? Read More »
Bringing people to your website or to your property listing is hard enough. You have to do marketing, pay for ads in local papers or magazines, and also spend your own time and money on digital platforms like Facebook and Google just to get a buyer lead. After all this work, have you wondered if …
How to Optimize Your Real Estate Listing Photos to Drive More Leads Read More »
When you find the right home, or know what you’re looking to spend, you’ll need to find a mortgage lender. But before you can get approved for a loan, you have to find the home you want to buy so that you can find out if you’ll be approved for enough to cover the cost …
What a Good Faith Estimate Is & The House Buying Process Read More »
One of the most common concerns people that do not buy title insurance policies have after they have purchased their new home is, “what happens if?”. What if the person who sold it to me owed money and there is a lien on the house that wasn’t detected? What if they bought the home from …
Are You Able to Buy a Title Insurance Policy After Closing? Read More »
When buying a home or new property, you’ll be working with both a title company and a settlement agent. Both sound similar, or that there isn’t much of a difference between their responsibilities when it comes to a title company vs a settlement agent, but both of them have very different responsibilities during the house …
Title Company vs Settlement Agent, What’s The Difference Read More »
When you’re closing on a home you’re already expecting mountains of paperwork, confusing contracts that will be presented in legal jargon, and a lot of people asking you to sign things. Some of these people may have titles and work for companies you have never heard of, and that is where closings can get a …
Why You’ll Meet 2 Underwriters When Buying a House & What They Do to Help. Read More »
If you’re looking to sell an investment property, but realized the sticker shock of taxes, you’ve probably come across a confusing option called a 1031 exchange. 1031 exchanges are great for real estate investors because they can save you money, but you have to know the nuances and jargon that comes along with them. This …
How to Sell Your Investment Property & Save With 1031 Exchanges Read More »
When you find the perfect home, and you cannot live without it, you may need to show the seller you’re serious. This is especially true in competitive buyer markets and bidding wars. That is when the term “earnest money” gets brought up. Earnest money is when you send money ahead of time to prove you’re …
Who Holds Earnest Money, Title Companies or Agents & Why. Read More »
Title insurance costs are calculated by multiplying the purchase price of your home by the rate per thousand your insurance company uses. The rate per thousand is a going rate that is used for every thousand dollars that is calculated for the value of your home. A quick example: if the rate is 0.6% for …
No, title insurance is not transferable because it serves as a lifetime guarantee to a legal title, unless that title changes. Since you paid in full for the title insurance during closing costs, it remains yours and is not transferable – not to your spouse, significant other or whomever. If you’re frustrated and upset about …
Is Title Insurance Transferrable After Buying It? Read More »
