Posts Tagged ‘title insurance’
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…
Read MoreA 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…
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…
Read More