Simultaneous Purchases This type of fraud occurs when two or more parties are made an offer on the same property, which they all accept. Multiple offers may be made to a single buyer, and a single offer may be made to multiple sellers. In either case, this scenario...

Real estate agent commissions are usually paid by the seller at the closing of the transaction as detailed in the listing agreement. Real estate agent commissions are usually paid by the seller at the closing of the transaction as detailed in the listing agreement....

Section 1 - Title Insurance protects the property owner from loss. There are a lot of people who take risks, like buying a house, but don't want to consider title insurance. They think that if their home is insured, there's nothing they can do about it. This may be...

How does title insurance work? Let's start with the basics. Title insurance covers unforeseen problems with your title that could prevent you from selling your property in the future, or worse, force you to forfeit it. For example, a tax lien issued by the government...

Don't Spend Every Cent You'll need a down payment and money for closing costs. Perhaps you've already saved up, but if not, another thing to consider is that you should have some savings beyond the purchase price of your home. You'll also have new expenses like...

Research title companies in your area You need to find a title company that is local to you. Since title companies serve the needs of local real estate, you’ll want a company that does business in the area where you own or are looking to purchase property. You should...