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All agents are NOT alike! Find out why the OUR FLORIDA AGENT Team are top real estate experts. Call us: 561-716-9620.

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School Reports in Wellington, Royal Palm Beach and West Palm Beach, Florida
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Real Estate Tips
Titles >Do You Really Need Title Insurance

When a home is purchased, title insurance is one of the closing cost items on the closing statement. This insurance protects the buyer from defects in the title that are not discovered until after the closing. There are two kinds of title insurance--coverage that protects the lender for the balance of the mortgage if the buyers have a loan, and coverage that protects the buyers' equity in the property.

It is prudent to purchase owners' coverage because most of the title problems that arise after a closing are not from a sloppy title search, but are the result of inaccurate information in the public records. The ownership chain goes back a long way, and fraud or misrepresentation anywhere in the chain could mean big problems. Title insurance will protect you if a wife or husband did not properly sign off on the ownership papers or if the property was sold as part of an estate that was later disputed. Most people do not have to deal with the title insurance company after the closing, but this coverage could save your investment if a problem arises.

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Real Estate Trivia
Q 
On what famous American street can you find the most expensive retail space for rent anywhere in the world?

A 
Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot.
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Carol O'Brien, Danny Sneade and Beth Saifman, REALTOR®, real estate agent and broker for Wellington, Royal Palm Beach and West Palm Beach, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol O'Brien, Danny Sneade and Beth Saifman
Keller Williams Realty

12008 South Shore Blvd., Suite 101
Wellington, FL 33414
Cell: 561-758-8593
Fax: 561-472-1233
Info@OURFLORIDAAGENT.COM

Carol and Danny have spent the last fourteen years dedicated to real estate sales, leasing and property management in Wellington, Royal Palm Beach, West Palm Beach and Lakeworth, Florida.

Beth Saifman serves as the Team's Buyers Agent. Beth has over five years real estate sales and leasing experience.

So, if you are considering buying or selling a home or would just like to have additional information about real estate, please do not hesitate to call or e-mail them.

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