Why Title Insurance?
Our job is to ensure your property title is clear and ready for transfer once you are under contract. Don’t let surprises stop your purchasing plans!
Title Insurance is an indemnity insurance, purchased once you’re under contract, to protect against “financial loss from defects in title to real property from the invalidity or un-enforceability of mortgage loans (Wikipedia).”
Sometimes a property’s past is less savory than the current parties involved in a purchase — leans, judgements, and other problems can arise from an property. A title insurance company checks the title for any unsavory associations to the property so you can move forward with your purchase. Once you’ve purchased title insurance your property’s marketability will remain secure through your ownership! Resale will be a breeze.
FROM
OUR BLOG
Longmont Title protects your assets whether you’re buying or selling a home. Keep current on the latest tips and news from our blog!
Real Estate Sales Sag, but Results are Much Better than Expected
I'm going to begin this stats report with a quote from First American Chief Economist Mark Fleming. "Monthly data that looks back 3-4 weeks is old news. We know from the faster moving data - mortgage applications, showings, bidding wars - that April really was the trough, I think, for [...]
Local Real Estate Prices Steady During Pandemic Lockdown
I've been anxiously awaiting these end-of-month stats from April. From all the calls and emails I've received in the past week or two, I can tell many of you have been as well. I'm sure for you Realtors out there it was in preparation for last Monday when y'all could [...]
Longmont Real Estate Sales Break Records Amid Shutdown
Well, amid a global pandemic, real estate sales are booming... for now. We saw a very high number of closings in March, but those were mostly contracts written in February. What we have seen in our offices is a record number of orders in March, which should lead to some [...]