Title Insurance Helps Protect Your Financial Interests and Gives You Peace of Mind

Looking to buy or sell a home in Central Texas? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (254) 690-4321 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today I'm with Dianna Brown from Monteith Abstract and Title and she's going to talk to us about title policy. In my line of work, many of my clients ask me about title policies and how they function.

So, what is a title policy? And why do I need one?

A title policy protects a buyer from any previous defects (liens, judgements, or fraud) in the title of a home. So, if there are any previous unpaid mortgage liens or property taxes (or anything that happened in the past that can affect you negatively), you can claim against that policy and your underwriter would protect you from any damages.

So, for an example, if there was an heir to a property that could not be tracked down, and then showed up one day claiming an interest on the property, your policy would cover you up to face value. You would have to make a claim, and then the insurance company would help to defend that and pay out the policy coverage amount if necessary. All you really have to do when this situation or one like it arises is to pick up your phone and call the title company.

It is critically important to get a title policy, and it is actually required for FHA, VA, and conventional loans. However, you will also want one for a cash transaction because the title policy only protects you up until the time you purchased it. So if you fail to pay property taxes or make payments, you will not be covered for those items.

Title Policies also do not protect you against flood, fire, theft, etc. Those things will be covered under your property insurance, which is a whole different ball game.

Understanding your title policy is important because it can give you peace of mind, and assure you that there is nothing to worry about because you are covered.

So, if you have any more questions about title policy or if you have any ideas about other topics to explore, please contact me because I would be very glad to help you out. You can call me at (254) 690-4321 or email me at Jean@ShineTeam.com

Consider me your #1 resource for Central Texas real estate.

Homemaking Tips to Save You Time & Money

Looking to buy or sell a home in Central Texas? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (254) 690-4321 for a FREE home buying or selling consultation to answer any of your real estate questions.

People don't have as much time as they used to. I can remember my mother never wanting to go to the grocery store because we lived so far out in the country, but nowadays it's time that is keeping me from getting to the store.

I learned some useful tips the other day that will save you time & money.

Wherever you're storing your potatoes, place a few apples nearby to prevent them from sprouting.

If you've bought berries wash them in a mixture of 1/10 vinegar to 9/10 water and let them dry. This should help them to last longer in the refrigerator.

If you've bought a bunch of bananas, be sure to detach all of them from the main stem. Doing this will help to keep each individual fruit ripe because the chemical that ripens & spoils them is spread throughout the stem.

For more tips visit here: http://blog.foodnetwork.com/healthyeats/2013/12/13/time-saving-kitchen-hacks/

Hopefully these tips can help your family save time and money because at the Shine Team we want to help you out in any way possible. Also, if you're looking to buy, sell or invest in Belton, Copperas Cove, Harker Heights, Kempner, Killeen, Lampasas, Nolanville, Salado, or Temple, then please let me know and I would be more than glad to help you.

As always, feel free to contact me. I can be reached at (254) 690-4321 or you can email me at Jean@ShineTeam.com