Hello All:
James Gage here with some breaking real estate investing news:
The US Government reports that according to their latest stats on loan modifications, 75% of modified home loans will re-default within 6 months after modification.
Get read for the 3rd wave of foreclosures I have been predicting for the last 8 months. Of course, this means $$$ for those of us that know how to take advantage (in a moral and ethical way of coarse) of this situation.
For more information on how you can benefit Click Here.
Be well.
James Gage
Thursday, June 17, 2010
Friday, June 4, 2010
Real Estate Investing: Should You Buy Title Insurance?
Hello All:
Just a quick post to answer a question I received today. The question: " Should I but title insurance both when buying and selling a property?" You should always buy title insurance on all transactions! You should never just rely on research done by the title company, they are human and can miss something and report the title clean, and when you get ready to sell something from previous owners pops up. If you don't have that insurance -YOU are on the hook! Believe me it happens; it happened to me with the first house I purchased.
So don't forget to buy that insurance, you will be glad you did.
Be well.
James Gage
www.JGage.com
Just a quick post to answer a question I received today. The question: " Should I but title insurance both when buying and selling a property?" You should always buy title insurance on all transactions! You should never just rely on research done by the title company, they are human and can miss something and report the title clean, and when you get ready to sell something from previous owners pops up. If you don't have that insurance -YOU are on the hook! Believe me it happens; it happened to me with the first house I purchased.
So don't forget to buy that insurance, you will be glad you did.
Be well.
James Gage
www.JGage.com
Subscribe to:
Posts (Atom)