Blog - Month: December 2020

Month: December 2020

3 Good Reasons to Get Title Insurance

By Andrea Robinson
December 22, 2020 Category: General

People have the future in mind when they buy a house and purchase homeowners title insurance to help protect their future. As a homeowner, there is a need to protect the property against the past and any future occurrences. For many owners, their property is their largest investmentand is worth saving! Lets take a look at three reasons why you need title insurance. Liens for Unpaid Taxes A lien on a property may disqualify a property from being sold. Property liens are legal notices attached to a property title because of unpaid debts. This can make buying a home a lot more complicated. A lien means that before you move forward with your new homes purchasing aspect, you need to research any liens against the property or home. Current Lawsuits or Mistakes in Records Does the future look bleak for the property youre about to purchase? Its a good idea to run a background check to investigate any lawsuits or disputes in records. Its a common problem that the records on your home are not

Northeast Ohio Holiday Events

By Andrea Robinson
December 15, 2020 Category: General

If youre looking for something festive to do in Cleveland this Christmas, here is a guide filled with virtual and in-person holiday events happening across Northeast Ohio this year. Downtown Clevelands Annual Winterfest This celebration is everything that you want out of a holiday season. Winterfest (like most things happening in 2020) will be a little different to accommodate the latest health and safety guidelines. Get the full Winterfest schedule with additional activities using this link https://www.winterfestcle.com. All of the holiday festivities are held from Monday, December 14, 2020 - to Sunday, January 3, 2021. Light Up Lakewood Lakewoods annual holiday celebration has been reimagined. The idea is to capture the spirit of the citys festive traditions with nine days of virtual experiences. The online event will feature new video content posted every night at 7 pm, including a mini-parade, lighting ceremony, musical performances, storytime, and more. Light up Lakewood

Title Insurance Terminology 101

By Andrea Robinson
December 03, 2020 Category: General

A clear title is necessary for any real estate transaction. Title companies must search every title to check for claims or liens of any kind against them before they can be issued. A title search examines public records to determine and confirm a propertys legal ownership and determines whether there are any property claims. There are a lot of details when it comes to understanding title insurance. Instead of becoming overwhelmed, here are some standard terms used to help gain a better understanding. Assessed valuation - the value placed on the county assessors property; used as a basis for computing property taxes. Closing - in some areas called settlement or escrow. The process of completing a real estate transaction during which deeds, mortgages, leases, and other required instruments are signed and delivered, an accounting between the parties is made, the money is disbursed, the papers are recorded, and all further details such as payment of outstanding liens and transfer of