Insurance is one of the few products that people buy hoping that they will never have to use, but there’s nothing like the peace of mind that comes from knowing that you’re covered. Most people understand how health insurance, car insurance, and homeowner’s insurance works, but title insurance is a little bit different.
Once your final offer on a new home or investment property is accepted, you’ll still have some work to do to assist in the closing of the property. The property has to be inspected, financing (if applicable) has to be secured, and numerous documents and legal filings have to be executed. No matter how many times that you’ve bought or sold a home, the process can be quite intimidating.
Even though we complain about paying the premiums, we wouldn’t dream of going without health insurance, car insurance, or homeowner’s insurance! There are simply too many things that can go wrong, and insurance is the only way to ensure true peace of mind for ourselves and our families. As a home buyer, you also owe it to yourself to invest in title insurance to protect yourself from “title clouds.” Common title clouds include clerical errors, liens due to unpaid taxes or legal judgments, and even the occasional case of fraud or forgery.
Whether it’s your first home or your last home, buying a new home is a big move,. Most people only buy a new home 3-5 times over their lifetime, and it’s one of the most detailed processes that they’ll ever go through. That’s why it’s so important to partner with the right professionals to make sure that the process goes smoothly from the time that the offer is accepted, all the way up to closing.
We can all agree that e-mail and the internet are some of the greatest inventions of our time. We use them every day for business, entertainment, and up to the minute news updates. Unfortunately, they are also great tools for criminals to target victims throughout the world. Whether it’s damaging computers with viruses or stealing personal information, there are millions of people that are up to no good. That’s why it’s so important to always be vigilant. Most of the perpetrators are overseas, and their victims rarely recover their financial losses.