Purchased a fix and flip in 2022. started the work and then was approached by a buyer who wanted to take the property off my hands.. In the escrow period, this buyer discovered during their title search that the home ...
I am reading through schedule B of a title commitment. The general exceptions are listed below. People often talk about the importance of title insurance, and citing examples of an unpaid contractor placing a new lien...
Hey Everyone, I'm new here and new in this business. I recently purchased a detached house (40*100 irregular) and I'm going to fix and flip in few month. Do I need to get a survey and title insurance? Thanks so much f...
I'm in the process of purchasing a 46 unit apartment. The seller of the property is the local housing authority. They sold part of the block to another government agency and agreed to allow access through the apartm...
If you purchase a property and you pay for title insurance and a property abstract, should you receive a copy of the abstract and a title insurance policy?
We just bought a rental property worth ~300K with me, my SO and my in-laws. The title has all 3 of us.
Me and my SO have an umbrella policy worth 1M (which as an aside we are thinking of increasing). How will umbrell...
Hello, Has anyone had to make a title insurance claim for an "Incomplete Title"? I recently went to sell my townhouse and a couple days before closing I was informed that I had an incomplete title. I bought a townhous...
Buying my first house and after being told religiously to get title insurance I made it known I wanted it. The owner marked “abstract of title continued to date” what does that mean? The other 2 options on there is AL...
Fannie Mae and Freddie Mac are searching for methods to open homeownership to low income borrowers. (This is not for investors) There is a trend to use attorney opinion letters rather than title insurance. The title i...
hello all, just curious to see where do you keep property related documents - deeds, title insurance, etc? Are those documents replesible in case of a loss? What is the best place to keep them? Thank you