When it comes to buying a home, there’s a lot of consumer confusion surrounding title insurance. The most common misperception is that because the lender includes title insurance as part of closing costs, it’s not needed by the buyer.
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When it comes to buying a home, there’s a lot of consumer confusion surrounding title insurance. The most common misperception is that because the lender includes title insurance as part of closing costs, it’s not needed by the buyer.  It’s true. Getting a conventional mortgage as a W-2 employee may be easier than if you’re self-employed, but it’s still doable.
You just have to know upfront the additional hoops you’ll have to jump through to get a mortgage. We break it all down for you here.  There are several reasons why a home goes to auction, but the chief reason is because the property experienced financial trouble.
Foreclosure, not paying property taxes, and outstanding issues with a homeowner’s association are all common reasons for a home going to auction.  It’s true. Many new homeowners think that the title insurance their lending institution insists they buy to close on a home protects the homeowner. That assumption is completely false. |
AuthorLilly Title & Settlement wants you to be an empowered homebuyer! Archives
October 2021
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