All posts tagged: Peace

Some people have plenty of money, are self-insured—I’m not worried about them because they can afford to take the risk. For the rest of us though, a little bit of money spent on title insurance can go a long way.

Title Insurance fees are regulated by the State of Florida. The base rate is $5.75 per thousand up to $100,000 and $5.00 per thousand thereafter up to $1 million. The bottom line is that it’s a one-time fee at closing that protects you for as long as you or your heirs have an interest in the property. It pays valid claims and covers the cost of a legal defense of your ownership. And it’s a lot cheaper than paying for an attorney yourself.

Don’t know if you’ve had to hire a lawyer lately, but it’s dang expensive! Not every homeowner is going to come up against a question of their home ownership, but it’s a big risk if you don’t have title insurance.

For a little bit of money up front, never to bill you again, you can buy an owner’s title insurance policy that insures you into the future for the faults of the past, even protecting you after you sell that property through all past hidden claims. You have that fee, versus the risk of financially defending yourself on your own.

Insure yourself, it’s cheaper than you think when compared to the risk.