Once you have signed the contract, gotten a home inspection, and you’re ready to close. As you review the closing costs, you see a line for property title search. It may not be a term you’re familiar with but it’s a critical part to the successful ownership of your new home! What is a Property Title Search? […]
If you want to get a larger home than you could normally afford, buying a foreclosure can be a good option. Foreclosed homes are significantly more affordable than standard homes for sale, but they can also come with unique risks that you don’t have with an ordinary purchase. Before you invest in a foreclosure, it’s
Seller Impersonation and Title Insurance Fraud is a rising concern in real estate transactions. This occurs when fraudsters pose as legitimate property sellers or agents to deceive homeowners and defraud them of their money. This type of fraud can have severe financial and legal consequences for the victims involved, and it is important to be
Purchasing a home is a significant financial commitment with a small margin for errors. If you have already purchased a home but now want a different mortgage rate, a different lender or even new terms, mortgage refinancing may be right for you. However, a refinance can come with important changes and issues that you may not expect.
Due to the ever-changing world with the recent COVID-19 Pandemic many towns in Connecticut have made their land records available online. As a professional Connecticut title search company, we will always promise our clients the proper compliance while performing every title search. Only a professional Connecticut title searcher can know the details that every independent
A Title Search is the process of retrieving documents evidencing events in the history of a piece of real property, to determine relevant interests in and regulations concerning that property. In the case of a prospective purchase, a title search is performed primarily to answer three questions regarding a property on the market: A title
Liens have come to be quite a necessity in most real estate transactions that involve mortgages and creditors. This is because creditors need to have a guarantee that they would get full repayment on the money they are lending, other than just words and promises. What are Liens? A lien is a legal claim on
It’s true. Getting a conventional mortgage as a W-2 employee may be easier than if you’re self-employed, but it’s still doable. You just have to know upfront the additional hoops you’ll have to jump through to get a mortgage as self employed. We break it all down for you here. Disadvantages of Self-Employment for
It’s important to know which warranty you are getting with your new home to avoid issues in the future. In real estate, there are several types of deeds that act as vehicles to pass on ownership. Covenants Deed VS. Warranty Deeds; These documents track the sale and purchase of any given property over the years.
Regardless of record-breaking home prices and interest rates for mortgages being at an all-time low, real estate deals still fall apart all the time! Here are some of the reasons why… The Seller Doesn’t Have a Clear Title If the title of the home is unclear when conducting a title search, this may cause a