KNOW YOUR RIGHTS WHEN BUYING REAL ESTATE

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Mortgage and Lending with America One Mortgage Advisors CA DRE #02062657

Know Your Rights When Buying Real Estate

BUSINESS WIRE Business Wire CanadaApril 16, 2013, 10:46:16 PM EDT

April 16, 2013 02:33 PM Eastern Daylight Time 

WASHINGTON--(BUSINESS WIRE)--As the spring home buying season begins, the American Land Title Association (ALTA) reminds consumers of the importance of title insurance when purchasing real estate and protecting their rights to property.

“Title insurance professionals research the history of a property by scouring through public records to determine whether title problems exist”

"For most Americans, our home is the single largest financial investment we make,” said ALTA president, Frank Pellegrini. “More importantly, it’s where we raise our families, share time with friends and live our lives. While ownership of our home may seem very straightforward, our rights to enjoy our property aren’t always as clear.”

 

“Title insurance professionals research the history of a property by scouring through public records to determine whether title problems exist,” said Pellegrini. “When a title professional finds an issue, they work to resolve it– typically without the consumer even knowing about it.”

ALTA, the national trade association of the land title insurance industry, encourages consumers to shop for their own title professional or title company. Homebuyers can also ask their real estate agent or lender for a recommendation.

For more information about title insurance or to find a company that can issue an owner’s title insurance policy, please go towww.homeclosing101.org.

ALTA President Frank Pellegrini is available Wednesday, April 17, from 9:00 a.m. to 10:00 a.m. Eastern to discuss the real estate closing process and the importance of purchasing an owner’s title insurance policy. Contact Wayne Stanley at wstanley@alta.org to schedule an interview.

About ALTA

The American Land Title Association, founded in 1907, is a national trade association representing nearly 4,200 title insurance companies, title agents, independent abstracters, title searchers, and attorneys. ALTA members conduct title searches, examinations, closings, and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.

 
 
 
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Christopher Shearer is a multi-family / commercial real estate consultant achieving property owners the highest possible NOI through the implementation of optimal rents for the property, accomplished through careful market, property, comparison grid analysis, effective cost control and revenue improvement programs; identify and analyze trends and recommending appropriate strategies to increase a properties maximum efficiency. Expert at Preparing new investment analysis presentations, offering memoranda and marketing materials, including key investment metrics. IRR, COC, DCR, CR etc.

A seasoned professional, with over 15 years' experience in real estate and finance management. A real estate broker licensed in Florida and Virginia specializing in real estate and asset management of multi-family and commercial properties. Christopher is currently pursuing his M.B.A. in real estate, he holds a B.A. in business as well as an A.A. in business management. Christopher has the following state licenses; Virginia Real Estate Broker, Florida Real Estate Broker, Florida Mortgage Broker and Colorado Mortgage Broker.

Contact me for a consultation and analysis of your commercial or multi-family properties.

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