Why Not Both?

FEB 04, 2020

There is a popular meme that comes from an Old El Paso taco kit.  In the commercial a family is unable to decide between soft taco shells or crunchy shells until a dark haired young girl solves their problem with a simple question: Why not both?  This one statement is celebrated by the family and the commercial launched her into meme stardom for any time people don't believe they should have to choose between two excellent options.

What does that have to do with title insurance?  Read on!

Whether it's a brand new building or an old fashioned home, unexpected and often complex title issues can arise.  That's why most lenders require the purchase of a new title insurance lender policy.  This type of policy is almost always required for home purchases of any size.  It protects the lender from financial losses due to title claim issues.  The challenge is that it ONLY protects the lender's interests.

This can leave the buyer at risk when it comes to anything they've invested, like a down payment, or any equity they have built along with whatever appreciation or property improvements have occurred.

This is where the wisdom of a taco-loving, meme-girl is vital.  Why not both?

Why not both, indeed: ensuring that BOTH the lender and the buyer is protected is why many real estate professionals recommend buyers also purchase a title insurance owner's policy. If issues do occur, this type of insurance will be your defense, potentially resolving the claim issue in your favor.  If the claim isn't resolved in your favor, the title insurer will reimburse the homeowner, not only for the value of the mortgage but the homeowner's insured investment.  Further, the title insurer has a responsibility to defend the homeowner's interest, so they will be responsible for paying the legal fees associated with their defense of the claim!

Don't take the chances with what is many family's single, largest investment.  Talk to your realtor or speak to a local title agent about making sure you get both!


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We've all been to the movies and seen the common mistakes made in horror movies.  We scream "Don't split the party!" or shake our head in dismay when someone tries to read the dark book out loud as a "joke."  We think that if the zombies did rise, we'd know better and would survive.  Maybe - but maybe not!

Earnest Money or deposit funds may be mailed or wired to one of our offices.  Please contact our office directly for wire instructions.

MAY 26, 2020

Closing costs are the final hurdle between a buyer and their new home.  It can also represent a surprising chunk of money. So, it's no surprise there are a lot of questions.

DEC 28, 2020

Imagine this: You're in the final few days before closing on your dream home. You already sold your new house and living. You're in the final few days before closing on your dream home. You already sold your new house and living

We are often asked: what's the difference between a title exam to provide title insurance and an opinion of title completed by an attorney?  The differences mainly come down to cost, the level of risk, and remedies offered to the landowner.

Although you may not typically speak with your closing agent until you are well into the purchase process or possibly not until the day of closing, it is a good idea to consider the closing agent early on, introduce yourself, and be sure the agent has all your contact details, phone numbers, e-mail and mailing address. Your realtor or mortgage broker can help you find the best partner for you and help you make contact!

MAR 21, 2020

We have been advised and have direct knowledge of increased attempts to victimize buyers/borrowers by fraudulently diverting their closing funds to an account that is not that of the title company.  In this current environment, many people are distracted, overwhelmed, and working in an environment of modified and sometimes, relaxed protocols.  Parties to the transaction are anxious to complete their closings before implementation of further restrictions that may impact the timeline of their closing.  Consequently, they may not be taking the time to understand and follow protocols that are critical to the security of their closing funds.  Real estate and lending professionals should: