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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 site discovered in 1965 is considered the world's oldest known habitation?
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| A |
The Terra Amata site in Nice, France has the remains of 21 huts belonging to the Acheulian culture from 400,000 years ago. |
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Steve Koffman & Associates
Century 21 Sunbelt, Inc.
506 SW 47th Terrace
Cape Coral, FL 33914
Toll Free: 800-742-5169, ext 132
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Steve Koffman & Associates is the top Century 21 Team in Florida. Steve Koffman, broker/realtor, has 15 years of experience in Cape Coral and Lee County. Century 21 Sunbelt is the top brokerage in America. The team of Steve Koffman & Associates consists of 30 real estate professionals, each very successful and experienced in all aspects of real estate. The team has built its success on satisfied and repeat customers.  
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