Some first-time homebuyers may find themselves looking at their closing disclosure and notice a charge for mortgage insurance to be collected every month. So, what is mortgage insurance? We’re here to demystify what it is and offer guidance on how to get it removed! Stay tuned. Mortgage insurance allows you to buy a house with …
When buying a home, the first thing on your mind is likely to pay for the home. Unless you’re able to shell out cash for the transaction, you should start to think about applying for a mortgage. While there are many options for mortgages now, the most popular conventional mortgages are fixed or adjustable-rate mortgages. …
The Great Mortgage Debate: Fixed-Rate or Adjustable-Rate? Read More »
Ever thought of investing in a vacation rental? There are approximately 785,000 investors with the same idea, making up a $64 billion market and over 2.4 million rental homes. But where do you start? This blog will explore the two most popular apps for vacation rentals, Airbnb and Vrbo and their benefits and downfalls for …
VRBO vs. Airbnb: Key Differences for Real Estate Investors Read More »
When it comes to real estate settlements in the United States, there is no one-size-fits-all approach. The processes involved in closing a real estate transaction can vary significantly from state to state and even from county to county. Understanding these differences is crucial for both home buyers and sellers to ensure a smooth and successful …
While title companies don’t deal with supernatural issues, we do see some spooky things on title from time to time. This blog will explore some of the scariest things that can happen in a real estate transaction. Remember that the best way to avoid these problems is with the one-time purchase of Owner’s Title Insurance. …
Four Terrifying Title Issues Homeowners Can Avoid with Title Insurance Read More »
As a title company, we constantly advocate the importance of obtaining owner’s title insurance during your home purchase to protect yourself against ownership claims on your property. We’ve even argued that it’s one of the most important steps you can take during a real estate transaction; however, there are other safeguards that homeowners should …
Why You Need More than Just Title Insurance to Protect Your Home Read More »
Encroachment in real estate is when a homeowner builds on or uses a portion of a neighbors property without permission. This includes fences, walls, and sheds, trees and gardens, or other landscaping that grows over or is built across the property lines. An encroachment doesn’t always have to be something you can see either. One …
The chain of title is a record of all property owners from the original to the current one, and the transactions that have taken place. It is where you can look to see who has owned the property and how it was transferred. This is the first place to look if there are any claims …
The Chain of Title and How it Impacts Real Estate Ownership Read More »
A habendum clause is a section in a real estate deed that specifies the details of a property transfer. Included in this portion are the properties transferred, the transfer recipient, and the transfer period’s length. There’s a good chance you’ll also find the designated heir or heirs who will inherit this asset.  This section of …
If you have no other way to access your land by vehicle except your neighbor’s driveway, then you have discovered an easement appurtenant. An easement appurtenant is the right to use a portion of another person’s adjoining property for a specific purpose, like a drainage easement that allows you to divert water onto or through …
An Easy-to-Understand Guide to Easement Appurtenant Read More »
