Posts Tagged ‘preliminary title report’
Confused About Title Insurance
Question: We are purchasing for $140,000 cash a one-half acre lot in the New River area. Although we are buying the lot as an investment, we are confused about title insurance. My father is a broker in Utah and he says that, even if we don’t plan to build a home on the lot, we…
Read MoreNeed Title Insurance Policy If Any Dispute as to the Ownership of Disputed Property
Question: We live in a subdivision in south Scottsdale. We have had the same neighbors for more than 20 years, and we have always known that the concrete block wall between our two homes encroaches two feet onto our lot. Our neighbors are now selling their home. They want us to sign a warranty deed…
Read MoreTitle Company Wrong, but Buyer has No Recourse
Question: Our family has owned a convenience market in Glendale for more than 30 years. The lot next door to us has always been vacant. I remember my father saying years ago that if this lot was developed we might have a problem with parking. Last year we were notified that the owner of…
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