Title Insurance Policy May Not Save You If You Bought The Wrong House
We always say that you should make sure that you obtain a title insurance policy when you purchase a home. That protection is usually quite valuable. However, if you do not use a real estate attorney and think you are buying one thing when you actually are buying another, you may be out of luck…
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…
Title Insurance May Solve Encroachment Issue
If you are buying a home and find out you may have a title problem, you should talk to the title insurance company to determine if the title problem can be insured over by the title insurance company. Many real estate properties have minor title insurance problems that are small enough that the…
Contractor's Liens and Foreclosures
Worried about contractor's liens? When you buy a foreclosure, check to see if there are any contractor's liens against the property that have survived the foreclosure. Often, the lender will wipe out all other subordinate liens, including contractor's liens, in the foreclosure process. But in some…
Why Buy Title Insurance On a House When You Pay Cash For the Home
If you are making the largest investment of your life, wouldn't you want to make sure you are protected by obtaining and buying title insurance? When you buy title insurance on a house, a title company gives you certain guarantees that you are the rightful owner of the home and certain other title…
Seller and Buyer Closing Costs State By State
Seller and buyer closing costs are usually a mystery, and we frequently receive emails asking us to give sellers more information on who generally gets to pay for survey and title insurance expenses. So, we prepared a list of two of the most popular closing costs paid by sellers and buyers on a…
Title Insurance Problems Arise When A Title Company Fails to Disclose An Association
What is the purpose of a title company? To avoid title insurance problems and issues. A title company's responsibility is to search the public records and inform the prospective homeowner about any issues and problems that affect the title of a property they intend on buying.
Do It Yourself Title Search May Be Incomplete
Can you do a title search for your own property? You may be able to research your property's title and related liens in public records but you may also miss something. Do you need to hire an attorney to help with a title search? Or a title insurance company? Find out what a title search includes and…
Why Buy Title Insurance When Home Is Paid For?
In many places, a home seller has the burden of proving that he or she has good title to the home, which is usually done through buying title insurance. Title insurance companies provide the service of searching the public records and furnishing a report called a title insurance commitment. The cost…
Paying For Owner's Or Lender's Title Insurance
Title insurance companies offer two different types of title insurance policies: lender or mortgagee protection and owner's coverage. Owner's title insurance coverage protects the owner against a loss due to title defects not disclosed to the purchaser at or before the closing of the purchase. The…
Property Lien Destroys Home Sale
When you buy a home you hope that the title insurance company will find all liens against the property in doing the title search. When you discover a lien on your home after closing, it could unravel the sale. To protect yourself it's critical to have the right kind of title insurance, to protect…
A divorced woman wants to make sure the property she's buying from her ex-husband does not have any outstanding liens. Liens may include mortgage loans and home equity lines of credit or HELOCs. An attorney can also help sort out whether there are any outstanding liens and ensure that the title is…
Tenancy In Common And Property Ownership
A father changed the ownership of his property from joint tenants with right of survivorship to tenancy in common. The father later signed a quit claim deed giving his interest in the property to his daughter. What does tenancy in common mean for property ownership? Is the property ownership divided…
Title insurance is a key part of buying a home. Learn more about title insurance from these ThinkGlink.com stories.
Why do I need to buy title insurance? http://www.thinkglink.com/Title_Insurance_Question.htm
Different types of title insurance www.thinkglink.com/Title_Insurance_Policy.htm
What is a…
ThinkGlink Radio Show for Sep 9, 2008
Today on the Clark Howard Show, Ilyce Glink filled in. She discussed the drop in mortgage interest rates and whether now is a good time to refinance. Ilyce also talked about the stock market decline and the disappointing housing numbers causing the sell-off on Wall Street. She took calls about title…
What's Included In A Title Search?
Title insurance protects you and your property. A title insurance company runs a title search before issuing a policy. A title search means looking at public records relating to your property and tracing the chain of ownership. What documents are included in a title search?
Easements Are Common In Subdivision Properties
When you buy a property in a subdivision, your property likely has easements around it. In some cases these easements are for utilities. An easement allows a second party, such as a utility company or neighbor, access to property. Easements are legally documented and it's helpful to consult a real…
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…
The title commitment is the promise the title company makes to provide title insurance. The title insurance protects you if anyone makes a claim against your property. The title commitment is used in conjunction with a survey that illustrates the property.
Learn what a property deed is and why it's important to have title insurance. A deed is a document of conveyance. A deed combined with title insurance guarantees your home ownership. Learn about deeds and title insurance.
What Does Title Insurance Cover?
Title insurance covers property line disputes, easements, bad appraisals, fraud and forgery. Learn what title insurance covers before you buy it. Find out how title insurance protects you and your property.
No Title Insurance? What Could Happen?
What could happen without title insurance? Chicago Title's Gina Giannelli describes bad situations that happened when the property owners did not have title insurance. Buying title insurance protects you and your property.
The cost of title insurance varies depending on where you are buying property. Some states regulate the cost of title insurance. Other states allow for title insurance price competition. Chicago Title's Gina Giannelli explains the cost of title insurance.
How Long Does Title Insurance Last?
What is the dollar value of a title insurance policy? Does title insurance cover the full property value? How do property value changes affect title insurance? Watch this video to learn the answers to these title insurance questions.
Title Search May Delay Deed In Lieu Of Foreclosure
Can a lender foreclose on a home before a deed in lieu of foreclosure can be finalized? A title search can delay a deed in lieu of foreclosure process. In addition, whatever the title company finds during the title search can affect the deed in lieu of foreclosure. How does having a name on a title…
