Don't Buy Your New Home Without This
October 6, 2016If you're winding down on a home purchase, it's easy to think of title insurance as just another line item in an otherwise costly and paper-heavy process. However, it's a small price to pay when you consider what's at stake: Title defects, including phony deeds or surprise heirs to the home, could throw into question your claim to the property and lead to costly legal fees if you wind up going to court. ALTA member George Holler, principal of Holler Law Firm, told CNBC that there are variations in how the industry operates across the country, even within a given state.
These Common Title Problems Can Snag Your Home Closing
June 21, 2016In almost all real estate transactions, there are title issues that must be cleared up in order to transfer ownership of the home from the seller to the buyer. ALTA worked with The Washington Post to help inform readers of the various title issues that are found during a title search, what title professionals do to resolve issues and why title insurance is a homebuyer's best option to protect their property rights.
Title Company Helps Florida Couple Keep Home
March 8, 2016Kris and Rebecca Kraft faced losing their home of three years, even though they never missed a mortgage payment and never even did business with the bank trying to take the house. Now, the couple’s title insurance company, Old Republic, is stepping in to help. The insurance policy will cover a title mix-up that was missed when the Krafts bought their home.