How much does Title Insurance cost? The one-time premium is directly related to the value of your home. Typically, it is less expensive than your annual auto insurance. It is a one-time only expense, paid when you purchase your home. Yet it continues to provide complete coverage for as long as you or your heirs own the property. Do I need Title Insurance? Most definitely! Title insurance is a means of protecting yourself from financial loss in the event that problems develop regarding the rights to ownership of your property. There may be hidden title defects that even the most careful title search will not reveal. In addition to protection from financial loss, title insurance pays the cost of defending against any covered claim. Why Do You Need It? Buying a new home is one of life's most gratifying experiences. As you approach the big day of closing, however, all the details can be a little overwhelming. You might easily overlook the single most important step in ...

As most of you are aware, if you watch or read our local news, that Lee County is being hit by multiple homicides. Having a sister being prior law enforcement and then myself, along with my parents being in the real estate industry, we have seen how crime rates can affect many different aspects within several industries in our county. What I would like to know is: 1) Have you started seeing an affect in your business due to the extreme violence? 2) If you have, what are they or what have you heard? 3) What do you think we, as a community, can do to help bring positiveness BACK into our county?

A home-buying tracking service reports all-cash buyers moved into the market at a record pace last year, purchasing homes for themselves and other properties as investments. The Campbell/Inside Mortgage Finance HousingPulse Tracking Survey found a record 33.2% of transactions were all-cash, up from 29.6% from a year earlier. Among investor homebuyers, the proportion of cash buyers was 74%. The survey said cash buyers were driving down prices because they offered shorter and more reliable closings. HousingPulse also indicated many of the purchases were of distressed properties, where banks are more likely to negotiate settlements in an effort to get them off their books. Article brought to you by Old Republic, Real Estate Digest, April 2012, Vol 38 Do you see this as a trend in your business, let Title Junction know!