This page will help support you understanding the Buyer responsibilities for Title Insurance. If you need to fill out your BUYER information form please use the form at the bottom of this page. It will be sent directly to your closing team.

You Don’t Have to Train Your Dog
…but it’s a smart idea.

You don’t have to buy an Owner’s title insurance policy, but it’s a smart idea.

You Don’t Have to Train Your Dog
…but it’s a smart idea.

You don’t have to buy an Owner’s title insurance policy, but it’s a smart idea.
You Don’t Have to Train Your Dog

For most people, purchasing a home is one of the single largest investments we ever make. As you near the day of your closing, all the paperwork and little details can become overwhelming. It can be very easy to overlook one of the most important steps in the settlement process – purchasing owner’s title insurance on your new home.

MOST PEOPLE DON’T THINK ABOUT IT, BUT YOU CAN LOSE YOUR HOME BECAUSE ANOTHER PERSON LEGALLY HAS A RIGHT TO IT. PURCHASING OWNER’S TITLE INSURANCE GIVES YOU PEACE OF MIND AND ENSURES YOU ARE COVERED.

For most people, purchasing a home is one of the single largest investments we ever make. As you near the day of your closing, all the paperwork and little details can become overwhelming. It can be very easy to overlook one of the most important steps in the settlement process – purchasing owner’s title insurance on your new home.

MOST PEOPLE DON’T THINK ABOUT IT, BUT YOU CAN LOSE YOUR HOME BECAUSE ANOTHER PERSON LEGALLY HAS A RIGHT TO IT. PURCHASING OWNER’S TITLE INSURANCE GIVES YOU PEACE OF MIND AND ENSURES YOU ARE COVERED.

CUSTOMER REVIEWS

Excellent title company and Cindy took really good care of us. Would recommend to anyone who needs a professional company for title work. — Carl Marotzke

The BESTEST! No other Title Closer is more experienced and knowledgeable as Crystal! ALWAYS happily available for answers on files! Gosh, too many positive superlatives necessary than this space can hold! Thank you Crystal, Cindy and Teresa for all your grrreat service!, always!! — Realtor Judith Ann New

You Don’t Have to Train Your Dog

CUSTOMER REVIEWS

“Excellent title company and Cindy took really good care of us. Would recommend to anyone who needs a professional company for title work.” — Carl Marotzke

“The BESTEST! No other Title Closer is more experienced and knowledgeable as Crystal! ALWAYS happily available for answers on files! Gosh, too many positive superlatives necessary than this space can hold! Thank you Crystal, Cindy and Teresa for all your grrreat service!, always!!” — Realtor Judith Ann New

There are many issues that can impact your home or commercial property title, such as: tax liens, forged signatures in the chain of title, recording errors, title search errors and claims by missing heirs and/or an ex-spouse. Plain and simple, Title Insurance protects you from future loss if a covered claim against your property is made.

There are two types of title insurance:

There are many issues that can impact your home or commercial property title, such as: tax liens, forged signatures in the chain of title, recording errors, title search errors and claims by missing heirs and/or an ex-spouse.

Plain and simple, Title Insurance protects you from future loss if a covered claim against your property is made.

There are two types of title insurance:

AN OWNER’S POLICY protects you and provides assurance that your title company will stand behind you, if a covered title problem arises after you buy a home.

YOUR HOME IS YOUR MOST VALUABLE MATERIAL ASSET. IF THE POTENTIAL LOSS OF YOUR HOME ARISES FROM A COVERED TITLE PROBLEM, AN OWNER’S POLICY WILL PROTECT YOU.

AN OWNER’S POLICY protects you and provides assurance that your title company will stand behind you, if a covered title problem arises after you buy a home.

YOUR HOME IS YOUR MOST VALUABLE MATERIAL ASSET. IF THE POTENTIAL LOSS OF YOUR HOME ARISES FROM A COVERED TITLE PROBLEM, AN OWNER’S POLICY WILL PROTECT YOU.

A LOAN POLICY protects the lender for the amount of the loan. If you only have a Loan Policy, you are not protected if a problem materializes with your title.

Title insurance is about protection; protecting YOUR HOME, YOUR FAMILY, AND YOURSELF. IT IS ABOUT PREVENTING A MISHAP, or lessening the severity of its impact. Unlike most insurance policies, title insurance is a one-time-only fee. An Owner’s Policy will protect you as long as you and your heirs have an interest in the property

A LOAN POLICY protects the lender for the amount of the loan. If you only have a Loan Policy, you are not protected if a problem materializes with your title.

Title insurance is about protection; protecting YOUR HOME, YOUR FAMILY, AND YOURSELF. IT IS ABOUT PREVENTING A MISHAP, or lessening the severity of its impact. Unlike most insurance policies, title insurance is a one-time-only fee. An Owner’s Policy will protect you as long as you and your heirs have an interest in the property

HOW TO PREPARE FOR YOUR SETTLEMENT

The search may have been long, but you’ve finally found the home of your dreams. You love its style, floor plan, and views. The neighborhood looks great. You’ve also done the hard work of reaching an understanding with the seller on price, signed a purchase agreement, and made an earnest money deposit. The home inspection went well, your loan has been approved, and your excitement builds as the big day of closing approaches. For most of us, the purchase of our home is the single biggest investment we ever make, which is why no one wants any last-minute problems to threaten the transaction. Please take a moment to review these points. They will help ensure a successful, trouble-free transaction.

Do I Need Owner’s Title Insurance?

Most definitely! Title insurance is a means of protecting yourself from actual financial loss in the event that problems develop regarding the ownership rights to your property. There may be hidden title defects that even the most careful title search will not reveal. In addition to protection from a covered financial loss, title insurance pays the cost of defending you against any covered claim.

Can My Title Company Handle The Settlement?

Yes, Realty Title Solutions acts as a central clearinghouse for the parties involved— collecting necessary documents and providing customary settlement services. We are fully prepared to work with you from the beginning of your transaction all the way through to conclusion. When you work with your friends at Realty Title Solutions, you can be confident that you are working with those knowledgeable in how to ensure a successful transaction.

But The Lender Already Requires Title Insurance. Won’t That Protect Me?

No. There are two types of title insurance. A Lender’s Policy only insures your lender that the mortgage it gave you is a valid lien on the property. Most lenders require this type of insurance and will typically require the borrower to pay for it. An Owner’s Policy, on the other hand, protects your ownership interests in the property. Title troubles from previous owners, such as improper estate proceedings or pending legal action, could put your equity at serious risk. If a valid claim is filed, in addition to covering any actual financial losses up to the face value of the policy, your title insurer has a duty to defend you against any covered claims.

Should I Shop Around For The Best Title Insurance Deal?

Absolutely. Some states closely regulate rates. Others permit open competition, which often results in significant differences in rates and services. Depending where you live, it pays to investigate your options carefully in order to obtain the most complete coverage and the best service. You also want to work with a title insurer that responds readily to your needs and performs its complex tasks with great accuracy. It is vital, too, that you choose a title insurance company with the financial strength and stability to meet its obligations, through good times and bad, over the long term.

At a minimum, you will want to have the following items complete or in hand when you come to the closing (please confirm with your settlement officer, as practices vary by state):

Buyer

  • Cashier’s check(s) or certified check for amount due to settle.
  • Proof of purchase of insurance for fire, casualty, etc.
  • Invoices for any unpaid taxes, utilities or assessments
  • Photo identification (passport, driver’s license, or state-issued identification card)
  • Documentation required by the lender, even if already provided
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1227 SE 47th Street, Cape Coral, FL 33904 • Tel: 239-344-DEED (3333) • Fax: 239-242-2014

© 2021. Realty Title Solutions, LLC. * All rights reserved. Website by Visitivity Inc.

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1227 SE 47th Street, Cape Coral, FL 33904
Tel: 239-344-DEED (3333) • Fax: 239-242-2014

© 2021. Realty Title Solutions, LLC. * All rights reserved. Website by Visitivity Inc.

https://floridarealtyteam.com/wp-content/uploads/2021/06/271-2713890_bbb-a-plus-logo-better-business-bureau.png