Related to my 2015 BLOG post - Several different (14) types of insurance for real estate
Stewart Title Information
First American Title Information
Atlanta's Seth Weissman's thoughts on Title Insurance
American Land Title Association - Trade Association of Tittle Companies upholding standards for their members.
Examples of what problems may happen during your ownership:
- Documents recorded during the time period between title examination and closing;
- Unrecorded documents that may give other individuals or entities an interest in the property;
- Encroachments by fences, driveways or other structures;
- Forged documents;
- Invalid or fraudulent probate of wills and estates;
- Improper foreclosure;
- Incorrect marital status of owner;
- Invalid or contested divorces;
- Liens filed by contractors or others who have not been paid for labor, materials or services provided on the property;
- Previously undisclosed heirs with claims to the property;
- Tax liens;
- Transfer of the property by a minor or mental incompetent;
- Property line disagreement; and or
- Mistakes in the public records.
The Best Title Companies and Tips for Choosing Yours
Top Ten Claims in the Title Industry
The number one claims category in 2017 and every year since 2010, in Virginia and nationally, is search and exam. Title companies paid on average 25% of all claims dollars on search and exam issues.
8-11-2021: Does this mean title insurance cost will be lower for borrowers? First American Title Opens Clear2Go® Automated Title Decision Engine to Title Agents
8-26-2021: At least one closing attorney provides link for Title Insurance Quotes: Sherman & Phalen
