If you’re buying or selling a home, land, or an investment property, it seems like common sense to want to work with realtors, lenders, and title professionals that live in your community. Unfortunately, the majority of businesses that provide those services are large corporations that are more loyal to their stockholders than to their clients. Even worse, they ship as many jobs as they can overseas to take advantage of cheap labor.
No one enjoys paying insurance premiums, but there’s no doubt about the fact that it’s nice to know that you’re covered. This is particularly true when you’re making a major purchase such as a home or other real estate. There are so many things that can go wrong over the time that you own your home or real estate, you owe it to yourself to enjoy true peace of mind.
When you’re purchasing a new home or an investment property, a lot of work has to be done before the deal can be officially consummated. Professionals need to be engaged to prepare for the closing of the transaction, and these professionals must work together to communicate and properly document progress and legal requirements in advance. Most real estate transactions are straightforward, and both parties have an interest in a smooth transaction. Unfortunately, that doesn’t mean that things can’t go wrong. That’s why title insurance is always an important way to protect your investment.