Welcome Title 2020 It is an exciting time to purchase a first time home, a move up home or downsize to a smaller home. I would welcome the oppurtunity to provide the professional assistance and personal service you need in the real estate complex process of buying or selling a home.  And if building a new home from the ground up is the direction you would like to take, I have the expertise to help navigate the builders process. I know both sides with over 8 years experience as a builders rep. I know how to think like a builder and with a real estate professional, you have a better chance to work to resolve any issues.   Selling a home can be stressful but I can help you along the way step by step.  AT HUFF Realty, a Berkshire Hathaway Affiliate, I am supported by a company that understands the customer's needs in our dynamic and rapidly changing real estate environment.  This enables me to offer the most powerful real estate services which includes financing, title, insurance, warranty, rentals and much more. 

HUFF Realty Title Insurance

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WHAT IS TITLE INSURANCE?
Title insurance is insurance that protects the insured from loss as a result of title defects or that the title to real property is not valid.

TWO KINDS OF TITLE INSURANCE
There are two types of title insurance – a lender’s title policy and an owner’s title policy. To protect their interest in your property, mortgage lenders require buyers to purchase a lender’s title policy. But a lender’s policy does not protect your interest as the homeowner. Your protection comes from an owner’s title policy, purchased at closing and lasting as long as you or your heirs have an interest in the property. Having an owner’s policy will pay for all court costs and related fees associated with any covered title risk. If a claim is found to be valid, your actual loss – up to the face amount of the policy – is covered.

HOW MUCH DOES TITLE INSURANCE COST?
Title insurance rates are based upon filed rates with the state. The one-time investment is directly related to the value of your home; the lender’s policy is based on the loan amount and the owner’s policy is based on the home’s purchase price.

IMPORTANT REASONS TO PURCHASE AN OWNER’S POLICY
Purchasing an owner’s policy protects you from hidden risks which may not be disclosed by even the most thorough search of public records, including:

  • Someone else owns an interest in your title
  • A document is not properly signed, sealed, acknowledged, or delivered
  • Forgery, fraud, duress, incompetency, incapacity or impersonation
  • Defective recording of any document
  • No legal right of access to and from the land
  • Restrictive covenants limiting your use of the land
  • A lien on your title because of a prior unsatisfied mortgage.
  • A lien on your title due to a charge by a homeowner’s association
  • A lien on your title, arising now or later, for labor and/or material furnished before the recording date – unless you agreed to pay for the labor or material
  • Others having rights arising out of leases, contracts or options
  • Someone else has an easement on your land
  • Other defects, liens, or encumbrances