Monday, October 15, 2018
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Randi F. Rainmaker
CLHMS, GRI, ABR, CCIM, ePro, EcoBroker
Gooder Group
2724 Dorr Ave, Ste 103
Fairfax, Virginia 22031

Office: 703-698-7750
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Why Buy Title Insurance?

When you buy a home, you may be surprised to learn that the title insurance you pay for at settlement protects the lender, not the homeowner. You can, of course, buy your own title insurance to protect your equity. Here are 10 problems title insurance protects you from:
1. Forged deeds or mortgages.
2. Deed from someone who is mentally incompetent or a minor.
3. Deed from a partnership or corporation that is unauthorized by the partnership agreement or corporate bylaws.
4. Deed challenged as being given under undue influence or duress.
5. Undisclosed but recorded federal or state tax lien, judgment, or spousal/child support lien.
6. Undisclosed but recorded prior mortgage.
7. Deed executed under falsified power of attorney or delivered without the consent of grantor.
8. Undisclosed but recorded notice of pending lawsuit affecting land.
9. Undisclosed but recorded easements, boundary or setback agreements, or environmental lien.
10. Deed not properly recorded.
If you'd like more information about title insurance or any other closing costs, give us a call.
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REMODEL Ten Ingenious Ways to Remodel With Beauty and the Best
ENERGY Give Your Home An Energy Check-Up
SMALL ROOMS How To Make A Small Room Look Larger
INVENTORY How Do You Prove You Had It When You Don't Have It Anymore?
BEST ROOFS Pick The Best Roof And Contractor For Your Home
FIRST-AID Pack A First-Aid Kit For Any Emergency
DESIGN User-Friendly Designs For Now And Tomorrow
SPRING CLEANING Spring Cleaning Priorities Vary By Age And Gender
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IDENTITY THEFT Protect Your Identity And Your Credit
 
       
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