Title Insurance
Judgment Lien Against Principal Residence Prohibited
Question: We are in escrow to sell our Gilbert home. When our daughter went to UCLA four years ago, we guaranteed payment of her credit card. Although our daughter is doing fine now, she dropped out of UCLA and never paid the balance on her credit card. We were sued as the guarantors of her…
Read MoreNo Title Insurance Coverage Generally If Home Is In Floodplain
Question: We purchased a home on a five-acre lot near Payson. Two months after we moved into the home there was an overflow of the nearby creek which flooded our entire backyard. Apparently 25% of our five-acre lot is in the Town of Payson’s flood plain. We immediately reviewed our title insurance policy to see…
Read MoreDivorce By Publication May Be Necessary for Title Insurance
Question: My three children and I have been living in an apartment in central Phoenix since my husband left us three years ago. My mother died last year and I recently received a cash inheritance of $225,000.00. I have now signed a $225,000 purchase contract for a Chandler home. The escrow company says that my…
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