4 Reasons to Buy Title Insurance

Kevin Evanoff

Before closing on a home, a standard precautionary and critical step that must be taken is purchasing title insurance. While a title represents the ownership of a property, title insurance is vital to a homebuyer as it protects both you and the lender from claims that have been, or in some cases will be, placed against the property. Without title insurance—which is different from either homeowners insurance or mortgage insurance— you are putting yourself, your family, and your home at risk.

Here are 4 reasons to buy title insurance:

  1. Without a clear title, you may lose your home.

A home is likely the single largest acquisition you will ever make, so protecting your investment and personal property is a must. If you choose to forgo your right to title insurance and a claim is later filed against your property, you could end up not only losing your home and property…

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How to Buy a Home in Your 20s

housing buzz blog

Homeownership is one thing that you don’t have to put off!

Your 20s are the start of an exciting time in your life. You may hit important milestones during this time like graduation, your first job, and marriage so why not add owning your first home to that list!  These steps can help get you in the right mindset to prepare to purchase a home at a young age.

  1. Budget– Plan out all of your expenses (yes, ALL of them). It is important to have an organized method where you can see exactly what your expenses will be and how much you can afford.  This way you don’t fall in love with a house that is out of your price range.
  2. Be realistic– Time to think about what it is you MUST HAVE in a home and what you can live without. As nice as an in-ground pool…

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First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living

What do YOU think??

Mortgage & Real Estate News

First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living Some first-time home buyers are on a tight budget when making their real estate purchase, and there may be an inclination by many to purchase a smaller property, such as a condo, rather than the home they truly want. While there may be some initial financial benefit associated with buying a smaller property, there are a few benefits associated with splurging and buying a larger home as a first purchase. By analyzing these benefits, first-time home buyers can make a more informed decision about how to proceed.

Costs Associated With Upgrading In The Future

Some people will purchase a smaller property initially with the goal of later upgrading to a larger property. This can provide the home buyer with the initial benefits of building equity, taking advantage of tax benefits associated with real estate ownership and more. However, there are costs associated with selling property, including closing costs, real estate…

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