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Real Estate Tips
Insurance >The Purpose of Title Insurance

When you finance a home through a lender, you will be required to purchase title insurance to cover the amount of your mortgage loan. At the closing you will be given the option to buy additional coverage to protect your investment.

Before the closing, the title company will order a title report to make sure the sellers actually own the home and that no one else has a legal interest in the property. This process will identify any potential title problems or liens. Title insurance covers you against any future claims that did not appear on the title report. It is a one-time charge that you pay at the closing of the transaction, and it covers your future equity up to a stated maximum amount as your property increases in value. It's a small price to pay to protect such a major investment.

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Real Estate Trivia
Q 
Legend has it that when Brigham Young first saw this city in 1847, he exclaimed: "This is the place!"
A 
Salt Lake City, Utah.
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Judy Colvin, REALTOR®, real estate agents and broker for Abilene Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Judy Colvin and Team
RE/MAX of Abilene
2545 South Danville
Abilene, TX. 79605
Direct: 325-793-5077
Raquel Colvin: 325-793-5066
Toll Free: 1-800-234-8021
Fax: 325-695-5313
Real Estate license #: 0340369
Email: judycolvin@number1expert.com

Judy has been giving professional, experienced Real Estate service to families in the Abilene area for over 21 years. The goal of Judy and her team, is to meet and beat your service expectations. The Colvin Team has a result oriented system for a positive Real Estate experience. Please do not hesitate to call or email Judy today.

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