Best Title Insurance Company for Consumers

  What is the purpose of each of my home insurance policies? If you’ve ever been party to a home transaction, you’ve encountered several different types of insurance. There’s title insurance and mortgage insurance — and homeowner’s insurance is also mentioned at closing. But what are the purposes of these distinct types of insurance? Is each required? Here’s a look at the three different types of insurance involved in a home transaction, the importance of each and the differences between them. 1. Title Insurance A title review is designed to uncover any liens or encumbrances tied to a property being sold. A purchaser acquires title insurance to protect him or her from any unexpected burdens that went undetected during the title review. Given that a home transaction represents a six- or seven-figure investment for the purchaser, title insurance is an important purchase that provides full protection for that significant investment. 2. Mortgage Insurance If you’re struggling wit

There are many reasons why the real estate market may be somewhat appealing to some right now. For the first time since the recession, there has been steady and consistent growth that has investors cautiously optimistic about getting back into the market. With additional government tax incentives for first-time buyers and a significant portion of the population considering purchasing a home to be a wise investment, quite a few will be looking to take advantage of near-record-low interest rates. However, before any investor dives into the waters, whether experienced or not, it is important to research and consider a few key steps in order to successfully purchase a property. Here are five steps that buyers should follow. 1.        Prepare Finances - Before applying for property, it is obviously important for investors to know their budget. However, financial preparation goes much further than just budgetary concerns. It is advisable to research credit scores among the different r