Housing Wire
DECEMBER 16, 2022
Much of the expense is invested in the efforts of land title professionals to review the title and purchase title data from local governments. Having owner’s title insurance means the cost of defense and legal fees that typically would be the homeowner’s responsibility instead are paid by the title insurer.
Housing Wire
APRIL 6, 2021
Elaine Marshall, North Carolina Secretary of State, described it as a “win-win-win for home buyers, the business sector and the government sector in making the mortgage closing process less time consuming, less stressful, and even more secure.” Full e-Closings reduce the use of paper, legal fees, mailing and courier costs.
Housing Wire
OCTOBER 13, 2022
Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for.
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