A very important concept to understand as part of home ownership is the importance of home title insurance. An owner’s title policy protects the buyer, as opposed to lender’s title insurance. As the name implies, the latter provides coverage only to the lender. If a title’s chain of ownership is challenged this difference can be a very significant distinction.
The current real estate market is increasingly turning toward investment in potential cash-flowing properties – and your raw land may exhibit great potential for buyers.
If you’re interested in selling land, you already have the advantage of a ripe market. However, investors are looking for specific characteristics when seeking out new opportunities.
Because there are so many decisions to make when purchasing a home, some parts of the process may seem confusing. This confusion is especially evident when it comes to the intricacies of title insurance.
First National Title Company (FNTC) takes the mystery out of the title search and insurance. Both are always recommended before closing on real estate. With attention to detail and professionalism, FNTC guides our clients from purchase agreement to closing.