TOP-RATED TITLE INSURANCE AGENCY IN GAINESVILLE, FL
Why Do I Need Title Insurance When Buying Real Estate?
Title insurance protects both you and the lender against any potential title defects or problems that may come up in the future.
PROTECTION AGAINST TITLE DEFECTS
Title insurance provides coverage for a variety of title defects, such as undisclosed liens, title fraud, and forgery. This protection ensures that the buyer is not held responsible for any previous ownership claims.
COST-EFFECTIVE SOLUTION
Title insurance is a one-time cost that provides ongoing protection. This makes it a cost-effective solution compared to other forms of insurance, as it covers potential issues for the entire time you own the property.
PEACE OF MIND
Buying a home is one of the biggest investments you'll make in your life, and title insurance gives you peace of mind knowing that your investment is protected against any unexpected title issues.
PROTECTION FOR LENDERS
Lenders require title insurance to ensure that they have a valid and enforceable lien on the property they are financing. If a title defect were to arise, title insurance would provide the lender with the necessary protection to ensure they are not at risk of losing their investment. Your lender will require this.
SERVING BUYERS AND SELLERS IN GAINESVILLE AND THROUGHOUT FLORIDA
Title Insurance & Real Estate Services Made Simple.
Who wants to deal with the frustrating delays and edge of your seat stress that comes from wondering if things are going to be done right and on time? Buying a home or making a real estate purchase can be stressful. Let us help you make this quick & easy.
With us, you get
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Simplicity
We do away with confusing jargon and make the process easy to understand
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Speed
We streamline the process, so you don't have to wait around for the last piece of this important milestone
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Flexibility
We'll meet you where you are and when it's convenient to your schedule to sign your closing documents
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Advanced technology
We leverage industry-leading software and tools, like Qualia, simplifying the process without security
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Clear communication
We keep you apprised of the process and timeline, so there's no guesswork
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Compassionate service
We understand buying or selling your home may be tied to some of life's most joyous and most painful milestones and are here to support you
With them, you deal with.
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Confusion
You may be lost in a sea of overwhelming paperwork and lawyer-speak
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Delays
You could get stuck waiting around for them to get to your paperwork and stuck in meetings you don't need to be in
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Limited availability
They want you to work around their schedule and come to their office
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Outdated technology
You might be trapped by dinosaur technology, creating obstacles at every step
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Unanswered questions
You'll be left waiting around unsure of what comes next and when
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Being treated like just another number
Most firms simply don't care about the why behind the home selling process
Our Process
1. Order Title Search
2. Prepare Closing Documents
3. Prepare Settlement Statement
4. Get Lender Approval And Cut Checks
5. Both Parties Signing Closing Documents
6. DONE - Without Frustrating Delays. We Make It Simple And Easy.
Our Team
Kimberly Bosshardt
Board Certified Real Estate Attorney
Carolina Valencia
Licensed Title Agent | Office Manager (Bilingual)
Tracy Ozer
Closing Coordinator
Britany Rowley
Licensed Title Agent Business Development Director
FAQs
What is title insurance, and why do I need it?
Title insurance is a type of insurance that protects property owners and lenders from financial loss due to defects in the property's title. These defects can include unknown liens, encumbrances, or ownership disputes. Title insurance ensures that you have clear ownership of the property and provides financial protection against potential legal claims or losses.
How does title insurance differ from other types of insurance?
Unlike other types of insurance that protect against future events, such as accidents or damage, title insurance protects against past events or issues that may arise with the property's title. It provides coverage for problems or defects that existed before you purchased the property, ensuring your ownership rights are secure.
Who pays for title insurance in Florida?
In Florida, the party responsible for paying for title insurance can vary depending on the transaction and local customs. Generally, it is customary for the buyer to pay for the owner's title insurance policy. This policy protects the buyer's interest in the property.
Additionally, in Florida, it is common for the seller to pay for the lender's title insurance policy. This policy protects the lender's interest in the property and is typically required by the mortgage lender. However, these arrangements are subject to negotiation and can vary based on the terms agreed upon by the buyer and seller.
How long does title insurance coverage last in Florida?
In Florida, title insurance coverage typically lasts as long as you or your heirs have an ownership interest in the property. This is known as a “lifetime” or “owner's” policy. The coverage extends back to the time of the property's acquisition and protects against any covered title defects that may arise during that period.
It's important to note that the duration of the coverage can vary based on the specific terms and conditions of the title insurance policy. Generally, the policy will outline the covered risks and exceptions, as well as any limitations on coverage.
What does title insurance not cover?
While title insurance provides significant protection, there are certain exceptions and exclusions. Title insurance typically does not cover issues arising after the policy's effective date, such as construction liens, property boundary disputes, or environmental hazards. You should carefully review your policy and consult with your title insurance provider to fully understand what is and isn't covered under your specific policy.