Overcoming Owner’s Policy Objections When the TILA-RESPA Integrated Disclosure (TRID) requirements went into effect, lenders began issuing a new Closing Disclosure to homebuyers. This new form lists the Owner’s Policy of title insurance as an “optional” purchase. While an owner’s title insurance policy has never been required, this “optional” language may spur questions regarding the value of title insurance. Here are some common objections to
Introduction
Residential clients are a huge part of the title industry and our business. We want to provide current and potential customers with as much information as possible. That being said, we have a lot of great articles geared toward those with real estate and settlement needs. Take a look around!
What We Have to Offer
To start, we have a great selection of article on our blog targeted for residential customers. First, we have a great topics guide about title insurance that is for readers who have general questions about title insurance.
After that, you may want to brush up on your mortgage terms. Hey, settlements can be confusing, and we want to take the stress and hassle out of them for residential real estate clients.
Like Something You've Read?
After reading an article, did you see those icons at the bottom? Next, use them to share the post! It would be a great way to show how much you enjoyed it. We want other potential residential readers out there to see and learn from our website.
Also, if you have questions or comments, drop us a line on our contact page! We are always happy to help and see what we can do for you with your real estate and settlement needs.
Conclusion
Finally, residential customers, we want to help YOU. One last page you must visit on our site is our Downloadable Resources page. You will find a TON of handouts and handy information that will aid you through preparing to selling your home to getting to the settlement table.
To conclude, we are here to help, and encourage you to explore the resources we have to offer on our website.
What Is The Title Search Process?
January 30, 2019 / Categories: Buying and SellingWatch to Learn More! We made this video for Friday the 13th, but it still holds value everyday! Watch it to learn about pitfalls to avoid. Title Search Process When you receive the keys to your new home, you may already have an idea about the work that goes into a successful closing. However, few new homeowners recognize the efforts involved in a title search and
Getting Additional Title Insurance Coverage
November 29, 2018 / Categories: Policy Information, Title InsuranceDo You Need Additional Title Coverage? To start, if you previously purchased property and obtained an Owner’s Title Insurance Policy, you may need additional title insurance coverage. Perhaps your policy does not reflect the current value of your property, asking about extra coverage may be beneficial. If you refinance your mortgage or obtain a construction loan/home equity loan to improve your property, it is a
10 Things To Know About Your Closing
November 14, 2018 / Categories: SettlementsGet the Highlights Here! Watch this video to learn about five of the key things you need to know before you close. Next, read the blog post to learn more. 10 Things To Know About Your Closing The search may have been long, but you’ve finally found the home of your dreams. You love its style, floor plan, and views. Additionally, the neighborhood is great!
Why Get Title Insurance?
September 27, 2018 / Categories: Policy Information, Title InsuranceWhy get title insurance, really? Title insurance protects your property rights. It provides coverage for certain losses due to defects in the title that, occurred prior to your ownership. Title insurance protects against defects such as prior fraud or forgery. Surprisingly, these item could go undetected until after closing and possibly jeopardize your investment. Title Insurance Overview When a piece of real property is financed, purchased