Bob HilleryCR PropertiesI am often asked about why title insurance is an important item in a transaction; it can be confusing to consumers who are not involved with frequent real estate transactions.The following comprehensive title insurance information is provided courtesy of First American Title Insurance Company, it is a useful read which will likely elicit several “aha” moments; enjoy!
What is an uninsured deed?
An uninsured deed is a deed that has not been examined by the title company. Most issues arising from uninsured deeds come from quitclaim deeds or grant deeds when family members, especially spouses, or other persons are added or removed from a property’s title, often for little or no consideration. When a person is added to title, liens recorded against th
