You could be wondering why you need to get title insurance. As a matter of fact, most people don't even know what title insurance is for. They just think that it is something else that they have to pay for when they are buying a house. Title insurance is all about protection! Think about it, intelligent people don't ever take huge chances on a lot of money just to save a little money.

It just doesn't make sense! What do I mean?

You can bet that when you borrow money to buy a house that the bank is going to protect their interest by making sure that if there is anything wrong with the title to the house, they don't get stuck. You should be thinking this way as well. The bottom line is - if something does go wrong - Let Someone Else Pay!

Who pays then, if not you?

When you are dealing with Weston Title and Escrow it means you only deal with the best of the best in title insurance. The whole idea is that if something bad does happen, then you want to make sure that the title insurance company that you are dealing with has the means to pay. So for your protection Realty One Title only deals with multi-billion dollar underwriters like:

Chicago Title Insurance Company

Lawyers Title Insurance Company (LTIC)

Commonwealth Title Insurance Company

Attorney's Title Insurance Fund (The Fund)

What could go wrong you ask?

Plenty! Let's talk frank…I don't mean to scare you but the truth is - real estate can be a pretty complicated thing with a lot of laws and "red tape" affecting the rights of a lot of people and who has a legal claim to a particular piece of property. Forgery, Wills, Fraud, Mental Incompetence, Marriage and Divorce, Minors entering into contracts, Mistakes are all possible threats to your title being free and clear of claims by others.

You should also be aware that the bank is going to be interested in protecting their portion of the asset, not yours. That is why you MUST protect your asset. If you don't and something happens then you could lose your house and still have to pay for it or wind up ruining your good credit.

Yes, you are right - none of these things are happy or fun to talk about but that is what insurance is all about and always has been - insuring that you do not suffer an unbearable loss.

Let me give you an example…

Let's say that you are going to purchase a home. You look around and find the perfect place. The price for the house is a half a million dollars. You have some cash in your pocket so you plunk down 20% of the selling price or one hundred thousand dollars. You and your family move in - you are just ecstatic. Friends come over to the house during the house warming party and tell you how beautiful everything looks. You think everything is fine as you settle in to your new house and it begins to feel like a home.

Then something terrible happens…

You hear people opening the front door. They come barging into your home yelling, "What are you doing in my house!" You see…it is their house and they can prove it. "How?" you say. Because, during the summer they went away on vacation for a few months - while they were gone, some con artists broke into the house and took it over. They got some fake identification made up, called up a Realtor and said they would like to sell their house. Trouble is they do sell it…TO YOU!

Your ecstasy turns to tragedy in an instant and now you have got huge problems…

Who is going to pay for the real estate lawyers…you?

If only you had taken out that title insurance when you had the opportunity you would be sleeping a lot better right now. Say goodbye to $100,000.00! Say hello to a whooping note of $400,000.00 that YOU are still responsible for!

"Come on, does that really happen?" You better believe it does - that and a whole lot more. You would be foolish not to protect yourself from the myriad of things that could and does happen when dealing with such large sums of money. There is an old saying that you have heard many times before - "Buyer beware!" When it comes to buying a house a better saying is "Buyer be protected!"

If you didn't know before, you certainly should understand now that title insurance is a MUST and is well worth the money you'll spend. In return for that money you will get a lifetime of protection and peace of mind. Because as long as you own the property - you are protected and you will be able to sleep well at night knowing that if something does happen - you won't be the one stuck holding the bag! Learn about the role & function of Title & Escrow Services The role and function of title and escrow services is to make sure that your real estate closing goes smoothly. Here are some of the details covered under Realty One's title and escrow services:

Act as your escrow agent so your money is handled safely and professionally

Serve as your depositor for all your funds and distribute your funds at real estate closing

Review your title and clear any title defects

Insure that you are getting a title that is "free and clear" at your real estate closing

Calculate any prorations for your taxes and/or Homeowner Association assessments

Payoff any back liens on your property

Conduct a smooth-prompt-professional real estate closing

Sit down with you and fully explain any documents you are unsure of

Sit down with you and make sure you feel comfortable and fully answer any questions you may have

Record your documents for you

Issue your title insurance policy

Be your trouble shooter who finds potential problems and gets them solved

Be a friend to you who is an expert in this field who guides you with impartial advise so you only make the best possible decisions

Realty One Title provides these title and escrow services for people just like you not in Miami-Dade, Broward and Palm Beach Counties. When you use our title and escrow services, you will find that things go so effortlessly that you will wonder how such a large transaction could go so smoothly. That is Realty One Title's guarantee to you and our personal promise.

Any questions or comments, call Seth Rand at 954-483-8065.