Foote Title Group “TIP OF THE WEEK” There are two types of Owner’s Title Insurance: 1) Basic title insurance coverage Covers the basics and includes protection against the following potential claims against your property: Claims by other parties that they own the property Mistakes in
We are proud to announce that effective now, all incoming files are being processed with our new online settlement platform. This new platform provides four key improvements that will make closing with Foote Title a better experience: First, the collection of information we need for
During the closing process on your new home, Foote Title Group will perform a title search on your home. This requires going through documents and records that tell the story of the ownership of your home. We call this story “chain of title” or “chain
It’s time to buy or sell your home, and you’re looking for a real estate professional to work through the process with you. As you research the various real estate agencies in Southern Maryland and Northern Virginia, you’ll come across three types of professionals: Real
You learn a lot of new terms when you buy a house. One of those terms is “escrow,” and you’ll run into it twice: Once when you pay a deposit on the home you want to buy and again when you work with your lender.
You can learn everything you need to know on the Internet – including how to sell your home, right? From YouTube to how-to websites, there’s a wealth of information online to teach you how to do just about everything. Can a few hours spent reading
Easements and encroachments both involve use of one person’s land by another, but they’re not the same. An easement, as you learned here on the blog a couple of weeks ago, is an authorized right to use one person’s property that is granted to someone else.
You don’t have to get a survey done when you’re buying property, but having one done now can save you headaches down the road. A survey will tell you where the boundaries of the property are and whether anything is encroaching on your property –
Shopping for a new home is exciting! It’s fun to tour homes and dream about how your family could live there someday. But going house shopping isn’t the first step in the home-buying process, and starting there is a mistake many buyers – especially first-time
In everyday conversation, the word “tenant” usually refers to someone who is renting a property. In real estate, a “tenant” is an owner of a property. There are four common types of tenancy that you should know about if you’re buying a house: Sole Owner