What is Title Insurance, and why do you care?

What is Title Insurance, and why do you care?

What is Title Insurance?

First things first: the word "title" refers to your legal right to own, use, mortgage and sell real property. Title Insurance is there to protect your legal interest, and often that of your lender, in your property.

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Everything You Should Know About 'Closing Costs'

Everything You Should Know About 'Closing Costs'

We've all heard the term "closing costs", have you been provided with an explanation of what that really means. I've outlined below things that constitute closing costs for both a sale, and a purchase. It is important to understand closing costs for a purchase do not come out of your mortgage funds. You will have to come up with this amount before the transaction closes. For a sale the closing costs would come off of the top of the sale price.

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