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Find Out About the Latest Dyer, Schererville and St. John Area Homes for Sale Before Anyone Else! 

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Real Estate Tips
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.

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Real Estate Trivia
Q 
What is the world's largest palace?

A 
The Imperial Palace (Gugong) in the center of Beijing, China covers over 178 acres and dates back to the early 1400s.
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Pat Hill, REALTOR®, real estate agent and broker for Dyer, Schererville and St. John Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Pat Hill
McColly Real Estate

850 Deer Creek Drive
Schererville, IL. 46375
Phone: 219-742-8825
Email: phill@NUMBER1EXPERT.com

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