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Insurance >The Purpose of Title Insurance When you finance a home through a lender, you will be required to purchase title insurance to cover the amount of your mortgage loan. At the closing you will be given the option to buy additional coverage to protect your investment. Before the closing, the title company will order a title report to make sure the sellers actually own the home and that no one else has a legal interest in the property. This process will identify any potential title problems or liens. Title insurance covers you against any future claims that did not appear on the title report. It is a one-time charge that you pay at the closing of the transaction, and it covers your future equity up to a stated maximum amount as your property increases in value. It's a small price to pay to protect such a major investment. See All Tips In The "Insurance" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job? A  This Hollywood Hills residence was the former home of the popular singer, Madonna. See More Real Estate Trivia >

Jill Kukoff Weichert Realtors 505 Millburn Avenue Short Hills NJ 07078 Office Phone:: 973-467-7592 Cell:: 908-764-2094 Fax:: 973-912-0072 Email:: JillKukoff@NUMBER1EXPERT.com When you contact me you can be assured I will respect your privacy. I'm interviewing for the postion as YOUR REAL ESTATE AGENT. www.JillKukoffHomes.com is brought to you by Jill Kukoff NUMBER1EXPERT™ in real estate for Short Hills, Millburn, Livingston, Maplewood, West Orange and Summitt, New Jersey, Luxury Homes, Premier Properties Read Jill Kukoff's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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