Month: March 2017

Common Title Obstacles and How to Avoid Them

March 10, 2017

Title insurance exists in order to protect you from title problems that may have been unbeknownst to you until after you closed your transaction.

All of your hard work has finally paid off because you just found your dream house. This dream house of yours may be new to you, but every house has a history. Upon buying your house, you are not given the piece of property, you are given title–which is the owner’s right to possess and use the property. But there may be some issues of which you were unaware that may arise once you are all settled into your new home. If these issues arise, what are you to do? You are now the legal owner of that title. Title insurance can help. Here are a few common obstacles that can arise with your title insurance. read more

A Look Ahead: Our Guide to the 2017 Orange County Real Estate Market

March 10, 2017

Title insurance and real estate transactions go hand in hand.

Owning a home continues to be one of the most important parts of the American dream. If you’re about to embark on your journey towards homeownership, it’s wise that you know what lies ahead. By educating yourself about the local Orange County real estate market, you’re able to effectively prepare yourself for your future transaction of buying a home.

Check out what 2017 has in store for the Orange County real estate market.

Prices on the Rise read more

How Does Title Insurance Protect You Against Hidden Risks?

March 10, 2017

Don’t wait until it’s too late: Title insurance protects you. 

A title insurance policy protects a real estate owner or lender against any loss or damage that they might experience because of liens, encumbrances, or defects in the title to said property. Unfortunately, numerous defects and problems can arise to cause an attack or loss of the title to your property. Some of these include problems that were not disclosed or even found by the title search. That’s right; homeowners need to be aware of hidden risks that can cause a total loss of the investment or substantial legal expense defending the title. read more

Is Title Insurance Necessary When Refinancing a Home?

March 10, 2017

What you need to know about title insurance for a refinance.

For those who are buying their first home or refinancing their fifth, title insurance is a must. The choices that you make around buying and financing a property are some of the biggest that you’ll ever make, so it’s important that you protect yourself, your investment, and have quality coverage in place. This is where title insurance comes in handy, even when you’re refinancing!

A New Policy for the Original Loan

For those who are thinking that they already bought title insurance when they secured their home loan, be aware that a new title insurance policy must be bought when refinancing. The original lender’s title insurance policy protects the lender’s interest on the original loan. As you’re refinancing that loan, a new policy must be put in place to protect the new lender’s interest for the new loan. read more