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When you finance a home through a lender, you will be required to purchase title insurance to cover the amount of your mortgage loan. At the closing you will be given the option to buy additional coverage to protect your investment.
Before the closing, the title company will order a title report to make sure the sellers actually own the home and that no one else has a legal interest in the property. This process will identify any potential title problems or liens. Title insurance covers you against any future claims that did not appear on the title report. It is a one-time charge that you pay at the closing of the transaction, and it covers your future equity up to a stated maximum amount as your property increases in value. It's a small price to pay to protect such a major investment.
Margery Jordan Intracoastal Realty 1900 East Wood Rd Suite 38 Wilmington, NC 28403 Mobile: 910-619-7414 Direct: 910-509-7414 Toll Free: 866-509-7414 Fax: 910-256-4248 MargeryJordan.com
Margery�s Philosophy:
My real estate philosophy is different from other realtors. I focus 100% of my efforts on providing the most qualified, economical, and satisfying service to each of my clients. With strong attention to detail, I work to solve any issues quickly and efficiently, making each closing a pleasure for my clients. As your guide, you can depend on my expertise, determination, and integrity to help you purchase your new home or sell your current one. Contact me today, and we'll work together to fulfill your goals!
www.MargeryJordan.com
is brought to you by Margery Jordan, real estate for
Wilmington, Wrightsville Beach, Hampstead and Carolina Beach, North Carolina