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Tag: lien

Standard v. Enhanced: New construction

Written by Federal Title on .

Part 5 of a series Too often we hear prospective homebuyers or real estate agents dismiss the need for owner’s title insurance coverage because the property is "new or in a newer development." In fact, nothing could be further from the truth...

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Standard v. Enhanced: Mechanic’s liens

Written by Federal Title on .

Part 4 of a series As a homebuyer, you have the choice in the type of owner’s title insurance coverage. Throughout this series of comparing the two types of coverage (Standard Coverage vs. Enhanced Coverage) you have observed that the primary...

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Protect yourself from unreleased trusts

Written by Guest on .

An unreleased trust is a prior Deed of Trust on a property that has yet to be released from the property at the Land Records Office. This does not mean that it is still an active loan or that there is a balance owed. In fact, the loan has...

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Releasing a mortgage lien

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A lien is a legal claim against property that must be satisfied when the property is sold. The lien provides notice that the bank has a secured interest in the property and guarantees the bank that the property cannot be sold or transferred...

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