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Homeowners need to be aware of house title theft, a type of fraud that threatens an individual’s ownership of their home.
Protect yourself from deed theft with these free steps. You don’t need to pay a company to protect your your home title.
Endorsements provide coverage for both new and existing homeowners, offering post-policy protection against forgery of a deed ...
The American Land Title Association has created two policy endorsements and updated its best practices to combat seller-impersonation fraud.
Income fraud is when a borrower falsely claims a higher income than they really have in order to qualify for a mortgage on a ...
Consider Enhanced Title Insurance:“Enhanced title insurance is expanded coverage—but be careful,” McGowan advised. “Not all of them cover deed theft, so you really need to understand what you’re ...
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What is title insurance, and do homebuyers need it?
Title insurance offers protection from problems with a property’s title, including liens, ownership disputes and encroachments. There are two types: a mandatory lender’s policy, whose cost is ...
Forged documents Claims from missing or unknown heirs Clerical errors in public records Title insurance costs can vary, but thecost typically ranges from .5% to 1% of the property’s purchase price.
WFG National Title Insurance Company, a subsidiary of Williston Financial Group that provides title insurance and real estate ...
Title insurance policies typically cost a median of 0.67 percent of the property’s sale price, according to data from Fannie Mae. The median cost in dollars is $1,901.
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