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Showing posts with the label common title problems

Is Your Property's Title Valid?

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Imagine going through the whole process of buying a home , moving and settling in, and then finding out a year down the road that you don't actually own the home due to an improperly filed titling issue. How could you have known or avoided such a mishap? Everything seemed so clear and smooth during the closing process. But then someone asks if you had a title search done or purchased title insurance , and you slowly blink in response. And this is where it all begins to make sense... this is why you shouldn't have declined title insurance. While some may feel like title insurance is an unnecessary expense, the one-time upfront cost of coverage can be the one thing that can save your property rights in the event of a dispute or titling error. The peace of mind alone is worth it! So how does a title company determine whether a title is valid? This week, we're sharing with you some of the things we look for and the steps we take to ensure a clean title. What Do We Look F...

Forgery: An Increasingly Common Problem in Real Estate Deeds

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If you have personally never been a victim of real estate forgery, you may not be aware that these things happen. Real estate forgery is a real thing and it can happen to anyone who owns property or is in the process of purchasing property. Typically, the only way you can ensure you will not become a victim of loss of property due to a forged deed is by purchasing title insurance . Arrowhead Title, Inc would like to help you understand what real estate forgery is and how to prevent it from happening to you. How Does Real Estate Forgery Happen? Forged deeds are exactly what it sounds like; a fraudulent scheme where someone forges the homeowner's name on a property deed and uses that title to claim ownership of that property. You may be asking yourself, how can someone get away with this? How this happens is the person who commits the fraud usually manages to have the deed notarized using false identification. After the document is falsely notarized, the scammer can record the...