If you have purchased a home you have been required by your lender to provide title insurance.
That mystery thing called title insurance that seems to be a big cost can save you a lot of money when ownership or other property issues arise from a purchase.
The other words that are rarely talked about is the chain of title. This means the title company looks at the previous owners to make sure your ownership in the property is transferred clearly to you. The lender wants to make sure you have ownership too since you are using the home and land as collateral for the purchase.
I have an article that discusses title insurance and many more subjects on my website.
Just follow the link below by clicking on it and you will have many questions answered concerning Title Insurance.
http://www.flexitrealtymichigan.com/WhyTitleInsurance
Knowing more will help you have an easier time with your purchases and sales of real estate.
If you live in the Grand Rapids or the West Michigan area, are not under contract and would like to sell or buy a home....give me a call. It could save you thousands! FlexIt Realty designs selling and buying programs to meet our clients' needs. Your call is always confidential and you are never pressured.
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Call Toll Free: 877-667-4699 Local: 616-784-2360
Email: garywhite@FlexItRealty.com
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