What is a Lender’s Policy in Title Insurance?
When it comes to purchasing residential real estate, title insurance is an important consideration for both homebuyers and lenders. While many people are familiar with owner's policies, which provide coverage for the homebuyer's interest in the property, lender's...
What is an Owner’s Policy in Title Insurance?
Title insurance is a policy that homeowners purchase to protect themselves and their lenders from defects or issues that may arise with the title of a property. At the time of real estate closing, homeowners purchase an Owner's Policy, which is a specific policy that...
Is Home Title Lock Insurance Worth It? What Florida Homeowners Should Know About Title Theft
Quick Summary "Home title theft" is real but rare — and a forged deed is legally void from the moment it's filed, so it never actually transfers your ownership, even though it can cloud your title until it's cleared. "Title lock" services don't lock anything or...
Real Estate Closings in Florida: What You Need To Know Before You Close
Your title insurance company will be responsible for the facilitation and execution of your contract. The role of a title company is to ensure the integrity of a real estate transaction by confirming the legal status of the property, the satisfaction of all terms of...
What Is Title Insurance in Florida, and Do You Really Need It?
Quick Summary Title insurance protects your legal ownership of a property against problems buried in its history — unpaid liens, forgery, missing heirs, or record-keeping errors that existed before you bought but surfaced after closing. Florida sets title insurance...
From A to Z: Here Are The Real Estate Terms You Should Be Familiar With
– A – Abstract of Title A condensed history or summary of all transactions affecting a particular tract of land. Acceleration Clause A clause in a mortgage that allows the lender to demand payment of the outstanding loan balance for a variety of reasons including...