Our Boca Title services offers great experience in handling investors who want to buy a property. Our key has always been anchored on understanding what we are doing. There are various blunders that you can make particularly when handling the purchase of distressed properties. One of the riskiest parts of this is not conducting proper research before purchasing from the second mortgage that was not well foreclosed to HOA claims. Once the property is available for sale again, Boca Title & Escrow can offer title insurance policies, title searches and handle closings. More so, being a title company that works with Oppenheim Law (a trusted legal adviser), we can assist you to evade various pitfalls associated with purchasing distressed properties.
There has been a lot of news about chain of title and we have factored that in our operation. In fact, we recommend that you buy title insurance to avoid many problems particularly if you are or will be buying property at Foreclosure Sales. In case you are venturing on foreclosures at auction, don’t hesitate to reach us for help with respect to doing the appropriate lien searches before bidding. Title insurance caters for this inherent title defect, enabling the investor to meet not only the price they paid for the property but the fair market worth once the property has been fixed. Hence, our team at Boca Title is able to assist lead you through the whole process. Real estate investors
Boca Title & Escorw can offer title insurance policies, title searches and handle closings. More so, being a title company that works with Oppenheim Law (a trusted legal adviser), we can assist you to evade various pitfalls associated with purchasing distressed properties.
What is Title Insurance?
Title insurance is a kind of indemnity insurance that guards the holder against financial loss caused by faults in a title to a property. Lender’s title insurance is the most prominent type of title insurance. In this case, the borrower buys coverage just to protect the lender. Normally, the owner’s title insurance is compensated for by the seller to guard the consumer’s equity in the property or estate and is prepared independently.
There are two kinds of title insurance available. A real estate owner can decide to acquire title insurance and lenders can choose to do the same as well. Lenders will need title insurance to guard their security interest in the property. More so, a property owner will acquire title insurance to safeguard their investment in their property.