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!
One Local Market Surpasses $1.3M in Average Price
In a real estate environment that’s seen increasing prices for years now, we are keen on noting barriers when they are broken. Most recently, in 2020, the yearly average sales price in Longmont finally blew past $500,000. That same year the Carbon Valley surpassed $400,000 in average price. Sellers love [...]
Where is the Largest Supply of Affordable Homes?
Another great article from First American Title's own Odeta Kush. Where Can Potential First-Time Home Buyers Find the Largest Supply of Affordable Homes? Written by Odeta Kushi, Mar 23, 2021 6:30:00 AM In 2020, a combination of record low mortgage rates and millennials aging into homeownership boosted demand against a [...]
Sales Slower as Prices Rise Faster in Longmont Market
The new look stats are finally here! They aren’t any easier to create, but there is more consistency from month to month in the size and shape of the boxes and graphs. The best part is that giant head in the top right corner was shrunk to an acceptable [...]