The Difference Between a Deed and a Title
Many homebuyers and sellers are overwhelmed not only by the process of buying and selling a home, but also by the terms and legal jargon involved. From escrows and encroachments to deeds, titles, and adverse possession, it’s easy to be confused. Title Partners of South Florida serves Broward County, Miami-Dade County, and Palm Beach County…
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The “E’s” of Home Closings
Title Partners of South Florida, a title company for home purchases, has been taking a look at common home loan closing terms. We’ve learned about deeds, adverse possession, title searches, earnest money, and more. Today, we thought we’d take a look at more “E’s” of title insurance terms, in addition to earnest money since there…
Common Title Insurance Terms
Title insurance protects both the buyer and the lender from financial loss in case there is a problem with the title to the home in the future. There is lender’s title insurance and owner’s title insurance. Lender’s title insurance (insurance that protects the lender) is required by Florida law. Although owner’s title insurance is not…
Tips for Shopping for Title Insurance
As a title agency, Title Partners of South Florida works with real estate agents, buyers, and sellers of homes. We have made it our mission to help everyone involved by making the title aspect of home ownership and home selling smooth, efficient, and easy. We’ve been exploring title insurance in-depth so that you have a…
Is Title Insurance Required in Florida?
Title insurance can be confusing, and we are asked all the time if you have to have it for your home here in Florida. The answer can be tricky, which is why we’re taking the time here to explain title insurance in brief and if you need to have it. Title Partners of South Florida…
Who Pays for Title Insurance in Florida?
When buying a home, especially as a first time homebuyer, it can seem completely overwhelming. From everything you have to do, such as putting down an offer, putting down earnest money, getting a home inspection, and packing up your belongings, your days are filled to the brim and probably overflowing. When it comes to paying…
The History of Title Insurance Companies, Part 2
In our previous blog post, we took a look at how the need for title companies emerged. This was mainly due to the fact that fraud was prevalent, and the fact that many people were having financial liabilities crop up after they bought their home that were the result of the previous owners. With so…
The History of Title Insurance Companies, Part 1
Title insurance came about as most insurances did — to fulfill a need. Title insurance protects the buyer from financial loss should something be found wrong with the title to their property after the final closing has occurred. Potential problems include unknown claimants to the property, liens, back taxes owed, and more. When you purchase…
What is the Cost of a Title Search?
Most people know that you when you purchase a home, the closing takes place at at title company because they handle the title work (or the deed) to the home. This is probably most people’s understanding of what a title company does, which is true. One of a title company’s main jobs is making sure…
What is the Cost of Title Insurance?
Like all types of insurance, title insurance is a safeguard against what might happen in the future. You purchase car insurance in case you get in a car accident. Similarly, you purchase title insurance in case a problem arises with the title of the home you are purchasing. However, Title Partners of South Florida, says…
What is a Title Company?
You are about to buy your first home. You are feeling very excited, maybe a bit overwhelmed, and maybe a bit scared. After all, buying a home is a big deal, and you want everything to be perfect. You may even have begun looking at new furniture for your home and discussing new paint colors…