Why 20% Of Homebuyers May Not Sleep Tonight

Let title insurance be your shield when protecting your property rights! We don't want to scare you! Well, not too much anyway... because it's important to us that you know the value of title insurance! Over the 40+ years we have been in business, we've seen it all and know more than anyone the value of a solid owner's policy that protects you and any heirs (i.e. your loved ones). Each year, approximately 20% of homebuyers fail [...]

How Title Insurance Protects All Homebuyers

Whether you’re purchasing a new or existing home, or refinancing, title insurance protects you against any problems affecting the title to your home.  The Basics There are two types of title insurance: the owner’s policy and the lender’s policy. The owner’s policy protects your property rights as the homebuyer, whereas the lender’s policy insures the financial investment of the bank or lender. If someone else claims ownership of your property, title insurance typically defends you legally and financially.  Common [...]

Agent Found Responsible For Wire Fraud Loss; Do You have $200,000 To Spare?!

A Federal Court has upheld a jury’s finding that a real estate agent and broker were 85% responsible for a wire fraud that cost their client $196,622.67 (Bain v. Platinum Realty, LLC, Dist. Court, D. Kansas 2018). Jerry Bain was working with a real estate agent to purchase a property. To fund the purchase, Bain was instructed to wire $196,622.67 to the title company. Unbeknownst to the parties involved, a criminal was intercepting e-mails exchanged between the title company, [...]

Protect Your Money When Buying A Home: How to Protect Yourself From Wire Fraud Schemes

Obviously, buying a home is a big deal – and not just for personal reasons. Most real estate transactions involve a person’s life savings and any criminal access to this information can be devastating. Hackers try to steal money every day by emailing fake wire instructions. One of the most common schemes? Criminals will use a similar email address and steal a logo and other info to make it look like the email came from your real estate agent [...]

By |2018-08-01T19:30:58+00:00July 1st, 2018|Announcements, Title Insurance News|

The FAQs of Title Insurance

Buying a house involves lots of decisions, considerations, and, of course, paperwork. One key piece of the process that can get lost in the shuffle is not only purchasing title insurance but also understanding what exactly is title insurance. So let's start with the basics: what is title insurance? Below we have compiled some #title101 questions for homebuyers using concise language that all real estate agents can use when breaking down the basics for their clients. What is title? Title [...]

Why Do I Need Title Insurance? Honest Abe Could Have Answered That!

Talking about title insurance can sometimes seem like a snooze, which can lead to folks brushing past the topic in their closing or not taking the time to research and purchase the best Owner’s Policy for their new place. But wait! Did you know that Abraham Lincoln lost his home (twice!) due to a title issue? Title insurance is a key facet of protecting one of the biggest investments of your life. Check out this little parable from our [...]

Closing Time: 6 Steps Every Homebuyer Should Expect

Get owner’s title insurance and buy your home with confidence Your long home-buying journey is almost over. You found the home you love, the seller agreed to your offer and now it’s time for closing. Of course, there’s a lot to think about right now, and the last thing you want is something­ to go wrong. So make sure you work with an experienced closing agent to help ensure the details come together and everything runs smoothly. As soon [...]

7 Reasons Why Every Homebuyer Needs Title Insurance

Buying a home is an exciting and emotional time for many people. To help you buy your home with more confidence, make sure you get owner’s title insurance. Here’s why it’s so important for you. 1.   Protects Your Largest Investment A home is probably the single largest investment you’ll make in your life. You insure everything else that’s valuable to you—your life, car, personal property, health, pets, jewelry, etc.—so why not your largest investment? For a one-time fee, owner’s [...]

What Every Realtor® Should Know About Title Insurance

Make sure all of your clients are protected You’re a real estate agent, so you know that buying a home can be overwhelming for many of your clients. Homebuyers can easily feel confused and frustrated by the mounds of paperwork they have to sign. Plus, all the fees associated with closing can sometimes be a surprise even to an experienced buyer. Title insurance is one of those items often misunderstood by homebuyers at closing, yet its value is tremendous. [...]

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