Title Insurance
Conditional Title Report Is Not Title Insurance
Question: We were interested in purchasing 40 acres of land in Buckeye. Our broker ordered a condition of title report from the title company. The cost was $350. This condition of title report showed the 40 acres to be free and clear. We also ordered a feasibility study from an engineering firm for the 40…
Read MoreNo Title Insurance for Encroachment
Question: We bought a home in Anthem with a “clean” title insurance policy. A few months after we moved into the home, we noticed that the block wall in our backyard on our property between us and our neighbor was collapsing. The collapsing was due to the neighbor’s landscaping that encroaches onto our property. Our…
Read MoreWrongful Release of Earnest Money to Buyer by Title Company
Question: My husband is a USAF jet pilot. We were stationed at Luke AFB for three years, but we were recently transferred to Eglin AFB in Florida. We temporarily are living in base housing, but we wanted to buy a home as soon as possible after the sale of our Glendale home. When we moved…
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