This article was posted by a member of the Title Insurance Law Group on Linked In. If you are considering the purchase of a foreclosed property, you may want to read the above article. I hope these buyers purchased title insurance! This article is a case study why title insurance is more important than ever...
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Posts Tagged ‘ Title Insurance ’
The importance of title insurance for foreclosed properties
Talking Title
On Sunday, February 20, we had a chance to talk about title insurance on the Real Estate Radio Network on Faith Talk 1500 am WLQV. Our podcast of the interview can be found here: http://podcast.den.liquidcompass.net/mgt/podcast/podcast.php?encoder_id=96&event_id=648 We count ourselves lucky to have friends like Justin Ford and Kymosh Myrick who are willing to let us...
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Coverage for leasehold interests
Many of our clients are surprised when we mention the availability of title insurance for leasehold interests. A tenant or leasehold mortgagee can protect their interest in leased property by use of the Alta 13 Endorsement. This endorsement protects the tenant’s right to possession for the term of the lease. Why would a tenant ever...
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Land Contracts and Title Insurance
The following blog was reprinted with permission from David Phillips, an underwriter, title examiner and friend. Now more than ever, Land Contract Vendees should obtain a policy to protect their interest. If you want to know why, read on. Have a great weekend – John Shepard Land Contract – Insure Your Vendee Interest A land...
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Proactive Communication – The Title Stoplight
Proactive Communication – The Title Stoplight™ When title insurance is your life, it can be easy to confuse your customer in the technical jargon of the industry. I think it is safe to say that the average consumer does not stay awake at night thinking about the difference in Michigan between owning property as “joint...
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OWNER’S POLICY STANDARD EXCEPTIONS AND THEIR REMOVAL
Owner’s Policy Standard Exceptions and their removal: Many times during my career, I have had a buyer tell me: “My (insert lawyer, realtor or friend here) told me that I need to get my owner’s policy without Standard Exceptions, whatever that means.” This is good advice, but the buyer does not know what a...
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Short Sale Transactions Simplified
Welcome to the Reputation First Title Agency blogspot! At RFT, we know that the Key to Success…is Great Service! The goal of this blog is to keep you informed and to provide you with our thoughts on a variety of topics. Short Sales and Title Insurance – Flip Transactions If you are involved in real estate...
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Reputation First Title Agency
Working hard every day to be Michigan’s Best Title Agency! We are experienced title professionals focused on insuring and closing your commercial real estate transactions. Don’t leave your biggest investment to Title companies that have no experience. Call us today!!!!! Buying a Home Our Agency would like to make your closing a pleasant, stress...
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