Where Can I Find Real Estate and Title Insurance?

Real Estate

UNITYONE.com

I signed my contract already, what do I do next?

If your contract has already been signed, you are now looking forward to an uneventful closing on the closing date stated in your contract. Sometimes, there are obstacles that you must face which can cause delays and extra time may be required on those issues. If the sale depends on the buyer’s ability to obtain a mortgage or qualify for a mortgage, please remember that the lender is not a party to your contract, although the lender may try to meet the anticipated closing date.

What is meant by Title?

"Title" is the foundation of ownership property. It means that you have a legal right to possess that property and to use it within the restrictions imposed by authorities or limitations on its use-superimposed on the basic right to possession by previous owners.

What is Title Insurance?

The legal answer is "the application of insurance principles to hazards inherent in real estate titles."

Do I need Title Insurance?

Most definitely! Title insurance is a means of protecting yourself from financial loss in the event that problems develop regarding the rights to ownership of your property. There may be hidden title defects that even the most careful title search will not reveal. In addition to protection from financial loss, title insurance pays the cost of defending against any covered claim.