When a batter hits a ball, everyone can see where the ball lands…unless he hits it out of the ballpark. Similarly, a real estate title search only reveals deeds recorded in the public record. The deed in the back of Uncle Ernie’s sock drawer may have a legitimate claim on your newly purchased home, but you’re not going to learn that with only a title search, no matter how good the title company is. That’s where Title Insurance can change the score in your financial favor.
If only baseball teams could take out insurance against homeruns hit by their opponent! Well, you wouldn’t have much of a game if that could happen. When it comes to homeownership, though, you don’t want to play games.
Homeowners can buy Title Insurance. For a low, one-time fee homeowners can level the playing field should someone make an ownership claim to their real estate—could be something like a well on the wrong side of the property line or an inheritance misunderstanding (who knew Uncle Ernie had an illegitimate son who he loved dearly enough to leave him his entire estate?). Title Insurance provides and pays for the legal defense of your ownership title.
A title challenge is no walk in the park, but Title Insurance reduces the risk of you losing your house and your out-of-pocket money for an attorney and court fees. Title Insurance gives you the home field advantage.
Not everyone should own a home. No offense, but we need all types to make the world go round—we need homeowners, and we need landlords and tenants. Not everyone is suited for the stability of home ownership, and thankfully in America, we have the freedom of diversity.
In the United States we can enjoy different lifestyles, some of which aren’t compatible with a permanent living situation. Home ownership requires a certain lifestyle with certain sacrifices. What do I have to give up for a beach house? Renting a place to live may be a temporary situation, or it can be a way of life.
However, if you can afford a home, insure your title to it. If you are able to put your hard-earned money into a home, pay the one-time for an owner’s title insurance policy, which insures your rightful entitlement to the property. Just because you got a survey and a title search and did everything right doesn’t mean that someone else didn’t do something wrong.
If home ownership is the lifestyle for you, insure that lifestyle with title insurance, to protect yourself financially from the legal expense of a challenge to your ownership. Remember, it’s expensive to be right.
Land Title of AmericaINSURE YOUR HOME OWNERSHIP LIFESTYLE
It took 486 Volunteers only 108 Days to make homeownership come true for a local family. Congratulations to Habitat of Humanity of St. Johns for the completion of another home in St. Johns County!!
Habitat for Humanity of St. Johns has helped over 100 families realize homeownership in our county, allowing them to establish a stable home environment in which to learn and grow and share with each other.
Habitat for Humanity/St. Johns offers homeownership to St. Johns County residents based on need, ability to pay, and willingness to partner with the program. Qualified applicants put in 250 to 400 sweat equity hours on the construction of their home—it’s a hand up, not a hand out. The home is then sold to the new homeowner with an affordable monthly mortgage payment.
It’s a great deal for a new homeowner, and a great deal for our community!!
Congratulations to Delores Washington on your new home, and congratulations to Habitat for Humanity/St. Johns for building hope.
If you would like to contribute or learn more about Habitat for Humanity St. Augustine/St. Johns, please visit their website at www.habitatstjohns.org or call (904) 826-3252.
Stephen CollinsCongrats Habitat for Humanity of St. Johns!!