Tag: policy

Owner’s title insurance: Encroachment from neighboring property

Written by Federal Title on 2012-04-26.

Part 3 of a series Just recently, during our underwriting review of an upcoming closing, our office discovered that the subject property — we will call it LOT 1 — was severely encroached upon by the improvements of the neighboring lot, which...

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...

Owner’s title insurance: Is it worth the price?

Written by Federal Title on 2012-04-20.

Part 1 of a series While a homebuyer is required to pay for the lender’s title insurance premium, the owner’s title insurance is optional to the homebuyer, and sometimes homebuyers who are looking to shave dollars off their closing costs...

Standard v. Enhanced: New construction

Written by Federal Title on 2012-03-21.

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...

DC title insurance rates decrease

Written by Federal Title on 2011-03-31.

It seems like prices never go down. Gas prices have gone up, taxes have gone up, the 5-cent bag tax has increased the cost of shopping, etc. And yet, sometimes, if you look closely enough, you can find prices that actually do drop. In this...

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Tag: policy

Standard v. Enhanced: New construction

DC title insurance rates decrease

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