How to Protect Title

Question: Three years ago we paid $650,000 cash to buy our Sun City home. At closing, we received a recorded deed and a title insurance policy from our escrow company. There are advertisements, however, on television to buy more title protection to “protect your title” or “don’t let internet thieves steal your home.” Can “internet…

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A New House. Some Old Debt. What Takes Priority?

Question: We want to buy a Phoenix home for $800,000 with a $640,000 mortgage loan. During the Covid catastrophe two years ago, however, our art framing business was ruined. The result is that two credit card companies now have judgments against us for more than $50,000. Our mortgage broker told us that we should still…

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