Title Insurance
Title insurance is
important because, by providing you with an Owners Policy, they insure that you
have clear title to the property. If there are any problems later, you can
always go back to the title insurance company and have them clear it up. Since
it is customary for the seller to pay for the owner’s policy, they have an
interest in which company is used. We sell Pinehurst condos in golf communities.
However, you are going to
pay a fee to the title insurance company, too. This is for the Lender’s Policy.
The lender’s policy insures your mortgage lender that there are no liens or
judgments against the property and that the mortgage will be in first position.
In other words, should you sell the property or refinance it, their mortgage
gets paid first, before any other claims against the property.
This site was developed to
provide information on Pinehurst real estate including Pinehurst Golf
and Waterfront homes, Pinehurst condos, and Pinehurst and Southern Pines
Commercial real estate.
Sotheby's International Realty
Dale
Heck – Realtor/Broker
910-528-4652
