Category: Mortgage

7 Common Title Defects and How Title Insurance Can Help

12/26/2023

Home with real estate written in a cloud

You bought the house. You’re making mortgage payments, but you may not own the home. Is that even possible?

Unfortunately, yes.

There are certain legal circumstances that could force you out of your home with very little legal recourse. So what could cause this to happen? Title defects.

Title defects—or problems with your legal right to own a property—can have serious consequences and threaten your home ownership. The good news is making a one-time purchase of title insurance can protect your property interests.

But first, let’s look at the five most common title defects.

9 Smart Questions Buyers Ask About Their Real Estate Closing

3/22/2023

Buying a home is a complicated legal transaction. For most people, it’s the biggest transaction they’ll make in a lifetime.

Once the contract has been signed, gotten a home inspection, a termite inspection, and met other contractual requirements, it’s time for your real estate closing.

So, what do you need to know about closing on your home? We’ve got 9 of the most common questions right here.

What are Title and Settlement Services? (A Real Estate Loan Estimate Guide)

3/23/2022

Everything is in place to close on your new home. Your mortgage company has just handed you a loan estimate.

On it you see a cost for title and settlement fees.

For most people, this is an unfamiliar term. What does it mean and why should you pay for it?

Avoiding Buyer’s Remorse: 5 Big Picture Actions to Take Before You Buy

2/22/2022

It’s natural to feel some buyer’s remorse after making the biggest purchase of your life! Buying a home is a life-changing decision, not one you can easily undo so it’s natural to feel some anxiety.

But you can ease buyer’s remorse greatly by simply doing a little more homework before you buy. The following five big picture areas are oftentimes overlooked or not seriously considered by homebuyers.

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What Our Clients Are Saying

Great place to do your home buying with. Tammy knows what she is doing. Carol Ashman

The crew at Lilly Title and Settlement are the best! When they handle a settlement I never have to worry. I never have to ask about the status of a closing because they send me weekly updates and if there is anything I need to know in the meanwhile, they contact me right away. As a busy Realtor that's extremely important. Their knowledge and years of experience are simply unbeatable. In all the years I have worked with them, I have not seen a mistake. Tammy Lilly is meticulous in making sure every document is checked and double checked before it leaves her office. I always trust Lilly Title to operate with total integrity and to always have a positive "can do" attitude! Ed Davis, Realtor

7 Common Title Defects and How Title Insurance Can Help

9 Smart Questions Buyers Ask About Their Real Estate Closing

What are Title and Settlement Services? (A Real Estate Loan Estimate Guide)

Avoiding Buyer’s Remorse: 5 Big Picture Actions to Take Before You Buy

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