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Real Estate Tips
Titles >Do You Really Need Title Insurance

When a home is purchased, title insurance is one of the closing cost items on the closing statement. This insurance protects the buyer from defects in the title that are not discovered until after the closing. There are two kinds of title insurance--coverage that protects the lender for the balance of the mortgage if the buyers have a loan, and coverage that protects the buyers' equity in the property.

It is prudent to purchase owners' coverage because most of the title problems that arise after a closing are not from a sloppy title search, but are the result of inaccurate information in the public records. The ownership chain goes back a long way, and fraud or misrepresentation anywhere in the chain could mean big problems. Title insurance will protect you if a wife or husband did not properly sign off on the ownership papers or if the property was sold as part of an estate that was later disputed. Most people do not have to deal with the title insurance company after the closing, but this coverage could save your investment if a problem arises.

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Real Estate Trivia
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Where is the world's largest dome?

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The Louisiana Superdome, with a diameter of 680 feet, is located in New Orleans, Louisiana.
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Mina Sultani, REALTOR®, real estate agent and broker for Northwest Washington DC, Southeast Washington DC and Southwest Washington DC, District of Columbia home listings, property and land for sale - NUMBER1EXPERT™

Mina Sultani
Coldwell Banker

5028 Wisconsin Ave,NW#100
Washington
20016
Office: 202-362-5800
Fax: 202-237-0771
Cell: 571-331-5909
24 hr Hot line: 1-800-731-7113
mina@minasultani.com
minaultani@numberiexpert.com
msultani@cbmove.com

Mina Sultani has earned a Ph.D. and a handful of master’s degrees. When it’s time to buy or sell—especially in Logan Circle, Central, Foggy Bottom or Dupont Circle—there’s no smarter choice than Mina Sultani. Simultaneously, she’s warm and approachable, with an absolutely effervescent sense of humor and quick, contagious laughter. Overall, Mina displays the kind of sophistication and energy that are perfectly in tune with her home base; Washington, D.C. There’s another reason she fits into this international setting so comfortably and credibly. Mina has lived in several countries and traveled to more than 50. “There’s nothing more exciting than meeting new people, experiencing new cultures and seeing new landscapes.” It’s no surprise that Mina felt drawn to Washington, D.C.’s cosmopolitan character. As a place to live and work, the capital suits her perfectly.

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