Home Buyers Should Know How To Protect Themselves

By
Real Estate Agent with Tierra Antigua Realty
Title Insurance they are paying for when buying a home. In Home Buying 103 I briefly covered the different types of policies buyers should be looking for. Questions to ask:
  • What type of coverage am I getting?
  • What type of policies are available?
  • How much will additional coverage cost?
  • What does each type of policy cover?

A recent home buyer, who happens to be an agent in our office, has faced numerous mechanic’s liens on his newly acquired property. Not paying attention to the type of policy he received from the title company, he ended up with a standard policy. Now he has over $15,000 in liens against his property with no insurance to cover. I solicited the assistance of Dina De La Ossa, Escrow Officer, to help explain. READ MORE

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Rainmaker
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Jason Schweiger
Network Funding LP - Auburn, WA
Loan Originator / Branch Manager NFLP
I feel title insurance is good, but there ought to be a way to supplement and keep the cost down.
Oct 04, 2007 05:59 PM #1
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Rainmaker
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Douglas Trudeau

MBA, Assoc. Broker, Selling Tucson Real Estate
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