Protecting Your Home With an Owner’s Policy

by: tim_eckert

March 27, 2019 / Categories: Realtor, Residential

If Only They Had Known Protecting Your Home With an Owner’s Policy There are two types of title insurance: owner’s title insurance, called an Owner’s Policy; and lender’s title insurance, called a Loan Policy. Most lenders require a Loan Policy when they issue you a loan, and the fee is usually based on the dollar amount of your loan. It only protects the lender’s interests

Read More

The Value of Title Insurance

by: tim_eckert

March 19, 2019 / Categories: Commercial Real Estate, Realtor, Residential

The Value of Title Insurance for the Cash Purchaser Owner’s Coverage – An Essential Option Below you’ll find the story of a real claim from one of our underwriters. The facts, outcome, and lessons learned are outlined below and stress the importance of always purchasing an Owner’s Policy of title insurance. Claim Summary Facts An owner’s policy of title insurance was issued in the amount

Read More

Lincoln Lost His Home Twice Because of Title Defects

by: tim_eckert

March 19, 2019 / Categories: Realtor, Residential

Lincoln Lost His Home Twice Because of Title Defects Losing a home is a cruel thing, but life can be cruel—even to those destined for greatness. Abraham Lincoln was born in a meager, one-room cabin on the Big South Fork of Nolin’s Creek near Hodgenville, Kentucky. It had a dirt floor, one window, and a sticky-clay chimney. Lincoln’s father, Tom, had paid $200 for the

Read More

March News Brief

by: tim_eckert

March 07, 2019 / Categories: Commercial Real Estate, Realtor, Residential

March News Brief The Landmark Abstract News Brief is a roundup of noteworthy articles from both the residential and commercial title industry. The March News Brief features several different articles on both the commercial and residential real estate industry. Use the link below to review the March News Brief. News Brief – March 2019 Some of the articles contained within include: Are Closing Costs Tax Deductible Under

Read More