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title insurance: Elkhart REALTOR Evelyn Johnston Lists 70 Something Ways To Lose Your Home Part 8 - 10/03/09 02:53 PM
70 something waqys to lose your home started a while back and you can catch up here.  eWe are talking about the reasons why you would want to use a reputable Title Company when you purchase your residence or any other real estate.  Let's review numbers 71 to 77.
71.  Pre-existing viiolation of subdivision mapping laws.
72.  Pre-existing violation of zoning ordinances
73.  Pre-existing violation of conditions, covenants and restrictions affecting the land.
74.  Post-policy forgery against the insured interest.
75.  Forced removal of residential improvements due to lack of an appropriate building permit (subject to deductible).
76.  Post-policy construction of … (0 comments)

title insurance: Elkhart REALTOR Evelyn Johnston Lists 70 Something Ways To Lose Your Home Part 3 - 09/26/09 08:10 PM
Are you ready for items 21 to 30 of the 70 something ways to lose your home?  If this is your first article on this, please go back to part 1 of 70 something ways to lose your home. Elkhart REALTOR Evelyn Johnston continues:
21.  Deed affecting property purported to be separate property of grantor, which is in fact community or jointly-owned property.
22.  Undisclosed divorce of one who conveys as sole heir of a deceased former spouse.
23.  Deed affecting property of deceased person, not joining all heirs.
24.  Deed following administration of estate of missing person, who later re-appears.
… (0 comments)

title insurance: Elkhart REALTOR Evelyn Johnston Lists 70 Something Ways To Lose Your Home Part 2 - 09/26/09 07:33 PM
Here I will talk about reasons 11 to 20 in part 2 of 70 something ways to lose your home.  If you missed the first 10 ways to lose your home you can read part 1 here. We are talking about the importance of obtaining Title Insurance from a reputable and financially secure company, like Metropolitan Title Company here in Elkhart.  According to Scott York, here are the next reasons you could lose your home:
11.  Deed challenged as being given under fraud, undue influence or duress.
12. Deed following non-judicial foreclosure, where required procedure was not followed.
13.  Deed affecting land … (0 comments)

title insurance: Elkhart REALTOR Evelyn Johnston Lists 70 Something Ways To Lose Your Home Part 1 - 09/26/09 06:58 PM
Not a very pleasant thought, to lose your home, let alone 70 something ways to lose your home, and there is probably many many more reasons besides those I list in which you can lose your home says Elkhart REALTOR Evelyn Johnston.  Metropolitan Title Company provided the list, something to get your mind thinking about what assurances you have when you purchase Title Insurance...
Some of these items will also stop a Short Sale from being approved as well.  Let's take a look and see what not to do...
Forged deeds, mortgages, satisfactions or releases - well, yes, forgery is never a … (0 comments)

title insurance: How is Your Elkhart County Indiana Home's "Pink Slip"? - 04/10/08 06:10 AM
When consumers purchase automobiles and they are paid in "pink slips" to indicate they own the vehicles. And when Home Buyers purchase real estate (or real property) "titles" are transferred.But what happens if the Seller does not have a "clear title" to convey? Perhaps there was an irregularity in one of the past transactions involving the property. Suddenly, the home buyer may find himself or herself out thousands of dollars 0 and not owning any property.Today, that does not happen - if a title company is involved. As title company's job is to search out every past transaction involving the property … (0 comments)

 

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