Tag: claim

Owner’s title insurance: Case of forgery after infidelity

Written by Federal Title on 2012-06-30.

Part 6 of a series Fraud is a common cause of title claims, and it's practically impossible to detect in many cases because there is no way for the title agent to know about the fraud until after the fact. As we've discussed before, title...

Owner’s title insurance: Seller fraud and HELOCs

Written by Federal Title on 2012-05-21.

Part 5 of a series During our 16 years of business Federal Title has, on three separate transactions, paid out claims on owner’s title insurance policies due to a seller committing fraud by securing a home equity line of credit (HELOC) immediately...

Owner’s title insurance: Case of clerical error

Written by Federal Title on 2012-04-23.

Part 2 of a series Our most recent real-life case involved a $65,000 claim and a tax sale purchase, which occurs when a government agency auctions off properties with delinquent property tax bills. The homebuyer almost lost $65,000 in equity...

Haven’t received your DC Tax Abatement exemption?

Written by Federal Title on 2012-02-15.

I applied for DC Tax Abatement as part of my closing. I did not get my letter from the District of Columbia saying I got tax abatement and that I am exempt from real estate taxes for the next five years, and my lender is still collecting...

Title insurance and known title defects

Written by Federal Title on 2011-03-11.

“Don’t worry about it – title insurance will cover it!” … This is what I keep hearing from agents when they talk to their clients about potential title insurance issues: “Don’t worry about it, you are getting title insurance –...

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Tag: claim

Haven’t received your DC Tax Abatement exemption?

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