Buying A Home – Title Insurance Basics

Title Insurance Basics! Great Read!

Home Remodeler Blog

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Title insurance is protection against loss if a defect is found in the

title of your property. It pays losses arising through defects in title

or liens and encumbrances. From the deed alone, you cannot

determine what rights, liens or claims may be outstanding against

your title. Title insurance establishes clear title and that all previous

rights or claims of ownership have been cleared away.

 

Title insurance covers errors in deeds, mortgages and other public records.

It also covers liens or claims against the property which become the new

owner’s responsibility after the sale, such as unpaid mortgages, taxes,

sewer/water assessments, contractors liens or judgments. Other possible

claims may include a marital interest by the spouse of a former owner or

by a former owner’s child not mentioned in his will. There may also be an

invalid deed – a previous seller who did not own the property, was…

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How to reduce the competition when buying a home!

It is a buyers Market. You have asked yourself how you avoid the competition. This article gives great points on how to do just that.

livinbythesea

“Mutiple offers”,” highest and best”,”offer declined”, “sold over list price”……most buyers of real estate have heard one or more of these phrases when buyer one a home or condo. Home buyers need to move out of the mindset that it is them a against seller in order to get a good deal. Actually it is buyer verses other buyers. Over half of buyers of real estate faced competition among other buyers when buying a home in 2012. In 2013 the competition has increased as more investors jump in the market and overall inventory has been reduced.
See the article form CNN money.
http://money.cnn.com/2012/09/01/real_estate/home-buying.moneymag/index.html

To avoid or reduce completion here are tips I recommend:
1) Ask you Realtor to let you I ow if anything is coming on the market soon. Often times agents know in advance when a property is going to come on the market. You can be the…

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Breathe Easy

Have a hard time remembering to change those air filters in your home? This is a great way to help with that!

The Mary Cox Team's Blog

iStock_000020770516XSmall.jpgThe benefits of regularly changing the heating and air-conditioning filters are obvious to homeowners; the real challenge is creating a system to make sure it gets done.

A reasonable schedule would be to replace it with a new one-inch pleated filter every 60-90 days. Households with shedding pets should consider replacing them every month. Some people change their filters every month when they pay their electric bills. A simple system would be to set a recurring appointment on your calendar like Outlook or Google.

Filters trap dust, mold and bacteria which can directly affect the air quality and play havoc with your allergies. When a filter is dirty, it prevents proper airflow and allows dust, dirt and allergens to blow through your home. Changing your filter regularly helps to avoid maintenance, improves equipment life and produces increased energy savings.

When shopping for filters, it’s understandable to look for the best…

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Is there Radon or Radiation in Granite Countertops?

Looking at getting Granite Counter tops?

All Points Inspection

Although most of the media’s attention on whether or not granite counter surfaces are a health risk has quieted down, there is always a lingering question with this issue. As a home inspector, I routinely perform radon tests in homes and have also tested on granite personally. I have not found readings that would be alarming …. as matter of fact, radon is commonly present in most northeast Ohio homes BELOW ground level. According to government EPA “…since granite is generally not very porous, less radon is likely to escape from it than from a more porous stone such as sandstone. It’s important to know that radon originating in the soil beneath homes is a more common problem and a far larger public health risk than radon from granite building materials. Also, any radon from granite countertops in kitchens or bathrooms is likely to be diluted in the typical home…

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How To Choose The Right Home Inspector

If you are looking to hire a home inspector for yourself or a client, this is a great read on what to look for to find someone who will get the job done right.

Suzy Goldstein and Charlene Wexler

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What Kind of Knowledge Does the Home Inspector Have?

Look for inspectors who have taken inspection courses such as defect recognition, building sciences and home construction. Good home inspectors will have a general understanding of all the various systems and components in a home. Many have practical experience or a background in engineering, construction or related building trades. Professional home inspectors may also have to know and follow a code of ethics and standards of practice.

What Experience Does the Home Inspector Have?

The skills of a home inspector can be expected to improve with the number of years in business and the number of home inspections done. Experienced home inspectors will be better prepared to assess the condition of the house. Look for home inspectors who are familiar with the type of home you are thinking of buying. Different types of housing can have different types of problems. For…

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