Title Insurance
One of the fees you pay when you buy a home is for title insurance. Title insurance assures the lender that you own the home free and clear, with no liens on it. When you buy title insurance a title company will run a title search to check public records for information on the home. Who pays for the title insurance varies by state - sometimes it's the buyer, sometimes the seller. Learn the ins and outs of title insurance here.
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Unpaid Property Taxes Found One Year After Land Contract Signed
Added November 5, 2009 by Ilyce R. Glink
Unpaid Property Taxes Found One Year After Land Contract Signed
Land contract -- also known as installment contracts for deed -- are complicated documents. If you are not careful, you could end up in a mess. Some issues that can lead to problems in a land contract are title issues, including unpaid real estate and property taxes. But unpaid taxes could be the lesser of some of the title problems you can encounter using a land contract. This reader found unpaid property taxes from years earlier about a year after entering into the land contract.
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Easement
Summary:
What is an easement? An easement allows a second party, such as a neighbor or utility company, access to your property. An easement is limited to a small part of a property usually and it stipulates the property's condition after the second party accesses the property. You can find out your…
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