The Basic Idea Behind Title Insurance Title insurance protects against financial loss from defects in a property's title that existed before you bought it but weren't discovered until after closing — things like a forged signature somewhere in the chain of ownership, an undisclosed heir with a legal claim to the property, a lien that …
Deeds: The Document That Transfers Ownership A deed is the legal document that actually transfers ownership of real property from one party to another, and the specific type of deed used matters quite a bit. A general warranty deed offers the strongest protection available, with the seller guaranteeing clear title going back through the full …
Read more Deeds, Liens, and Closing Documents: A Buyer’s Glossary
Price Isn't the Only Thing on the Table Buyers and sellers often fixate on the purchase price as though it's the entire negotiation, but experienced agents know from repeated experience that closing timeline, contingencies, included personal property items, and who covers which specific closing costs can matter just as much to the other side of …
Read more Negotiating Offers: Lessons From the Closing Table