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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.
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What is the world's oldest wooden structure?
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The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.
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Jeff Ryder
The Jeff Ryder Team
RE/MAX Properties, Inc.
1740 Chapel Hills Dr.
Colorado Springs, CO 80920
Tel: 719-593-SOLD
Cell: 719-380-1765
Fax: 1-866-804-1302
Email: jeffryder@NUMBER1EXPERT.com
Jeff Ryder moved to Colorado while serving in the US Army at Fort Carson as a Flight Paramedic. If you look at Jeff's picture and say "I think I know him from somewhere", it may be due to his career before selling homes. After leaving the military, Jeff spent 5 years as a newscaster for television stations in Florida and Colorado. The last three years were in Colorado Springs on 11-News. Jeff is married to Kassie. They have two sons, Clayton and Kyle.   
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