Types Of Real Estate Title Insurance
Types of Title Insurance
There are two types of title insurance:
1) Lenders title insurance, also called a Loan Policy
2) Owner’s title insurance.
Most lenders require a Loan Policy when they issue you a loan. The Loan Policy is usually based on the dollar amount of your loan. It protects the lender’s interests in the property [...]
North Carolina’s closing costs, lowest in the nation
Are you on the fence about whether or not to move to North Carolina? Have you been renting in North Carolina, and think now may be the time to take advantage of the buyer’s market? A recently published article by MSN states that North Carolina has the lowest closing costs in all of the United [...]
OJ Simpson Needs a Self Directed IRA for his family!
Good Morning Investors,
I think by now everyone has heard the news that OJ Simpson was convicted on 12 charges……Guilty! Some will say that this is payback for his acquital on the double murder charges back in 1994. In any event, OJ had great council as far as protecting his assests.
The brown family tried everything that [...]
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TITLE AGENT ERRORS AND OMISSIONS CLAIM AND TITLE POLICY
FROM FAQ RECENT ENTRY:
> Comment:
> Interesting idea, although flawed.
>
> Your title insurance company will only process a claim if there has been a loss (or an imminent danger of one. i.e., an attack on the title), and only then if it is not of the insured’s doing (or could have been prevented through action by [...]
Foreclosure Offense: Notice to Title Agent and Carrier
The title agent that performed your closing probably was aware that securitization of your loan was in process and therefore knew that the real parties in interest and the fees paid between undisclosed parties had not been disclosed to you and in fact were actively hidden, because you would have known that the nature of [...]
Buying Your Home – A Starting Point
eys to Smart Home Buying
Buying a home is one of life’s most important investments and exciting adventures. Even experienced buyers, however, can find this complex process a bit overwhelming. We will guide you every step of the way. In addition to the crucial step of locating and presenting properties that match your search criteria, we [...]
Essentials of Purchasing a New Home
Essential is a term similar to must haves, and if you are planning to buy a new home there are many essentials that are necessary to make it a great home buying experience. Like the following;
A You need to have the money to pay for your new home, if you don’t have the cash for [...]
Lease-Options or Rent To Own.. How they SHOULD work! Part 2/2
Lee’s Notes: Matthew Griffith, my Indianapolis Real Estate Lawyer, has an interesting article on how to properly do a lease-option/rent to own contract.
Lease-Options
(Part 2 of 2)
In addition to the matters discussed in Part 1 of this 2-part article, the following ideas should be considered by landlords and other parties to lease options:
Analyze the Tax [...]
Seven Reasons to Use a Land Trust
The land trust is a very powerful tool for the savvy real estate investor. A land trust is a revocable, living trust used specifically for holding title to real estate. Each property is titled in a separate trust, affording maximum privacy and protection.
Here are seven reasons to use land trust for titling property to real [...]
PANAMA REAL ESTATE FAQ
SECTION 1: BUYING TITLED PANAMA REAL ESTATE.
Q: Is it safe for foreigners to buy Panama Real Estate?
A: Yes, it is absolutely safe. Panama is a foreign investors’ heaven. The state laws protect and encourage foreign investments particularly in real estate sector. Constitution of the Republic of Panama safeguards private property. Thousands of foreign nationals carry [...]
Questions and Answers about Real Estate Closings in North Carolina
Today, I want to provide some information about Real Estate closings in NC. My primary focus is going to be on residential properties, but some of the information may be applicable to commercial and other types of transactions, but my primary purpose is to discuss residential Real Estate closings.
The way that I think with will [...]