Judy Peterson, RealtorDirect 610-889-5509
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Center, 431 W Lancaster Avenue
Devon, PA 19333

Shocking News About Title Insurance – 3 Things You Must Do To Protect Your Property

Shocking 40% of Property Uncovered By Title Insurance –

I was shocked to learn that as of 2005 almost 40% of the property conveyed in the UnitedPrudential Fox and Roach, Trident Land Transfer Title Company, Judy Peterson States was not covered by Title Insurance.

The topic came up in one of my annual Continuing Education courses that I take to keep current on changing real estate practices, with a statistic published in, Title Insurance for Real Estate Professionals, by Dearborn Real Estate Education

Curious about what the statistics might be for Pennsylvania real estate transactions, I decided to investigate. Since one course does not an expert make, I consulted an expert. Fortunately, I have “people”. The Trident Group, associated with Prudential Fox and Roach Realtors, is my people and one of the experts I consult on Title, Mortgage and Insurance questions.

The 3 Things You Must Do To Protect Your Property Rights –

  1. Buy Title Insurance – from a reputable Title Insurance Company like The Trident Group.
  2. Your Copy – Make sure that you get a copy of your Title Report. Review your Title Report BEFORE Settlement
  3. Ask Questions – Look for easements, exceptions, anything that you don’t understand and ask questions.

There are lots of other great Title questions to explore for another day, like: What is Title Insurance? What Does Title Insurance Cover? How much does Title Insurance Cost?

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