This week, I interview Tim and Debra Galli. They have been a trusted business partner of mine for over 20 years. Luckily for me, they are THE Title insurance agents. Watch the video to learn all about Title Insurance.
- So in simple terms, what is title insurance?
- How does it protect the buyer? What is this type of title insurance called?
- How does it protect the lender financing the property? What is this type of insurance called?
- Why do we need title insurance on transactions?
- What are the different sources title insurance companies use to do research on the properties?
- How does title insurance use the statement of information form title requires on a transaction?
- Do you remember an interesting situation where title insurance had to come in and fix a problem?
- Are there any other questions I should have asked that I didn’t?