Marlen and her daughter are buying a house, and a meeting with Anne has the mother and daughter making smart decisions for peace of mind.
Exactly what takes place at the closing is explained. Purposes for Title insurance and how rates are established are discussed. Title insurance insures that the title to your property is clear, with no known liens or encumbrances, such as unpaid property taxes, recorded liens, or street and sewer easements.
Marlen closes on her house and moves in, knowing she has the right insurance.
Visit the American Land Title Association’s website for buyers if you are interested in learning more about title insurance and the closing process.
And as always, if you have any questions, feel free to ask here in the comments, or contact us directly.