|
|
THE VILLAGES, FLORIDA HOWEY-IN-THE-HILLS, FLORIDA |
|
| Home Page | Contact Us | |
Courtesy of Carlin Washo, REALTOR®
Five Things to Understand about Title Insurance
-
It protects your ownership right to your home both from fraudulent claims against your ownership and from mistakes made in earlier sales, such a mistake in the spelling of a person’s name or an inaccurate description of the property.
-
It’s a one-time cost usually based on the price of the property.
-
It’s usually paid for by the sellers.
-
There are both lender title policies, which protect the lender, and owner title policies, which protect you. The lender will probably require a lender policy.
-
Discounts on premiums are sometimes available if the home has been bought within only a few years since not as much work is required to check the title. Ask the title company if this discount is available.
www.REALTOR.org/realtormag Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® . Copyright 2003. All rights reserved.
Click here for printer-friendly format
Contact Us
20 years serving Lake & Sumter Counties including The Villages and Howey-in-the-Hills.
Contact Carlin Washo at 352-455-1730 for all of your real estate needs.





