Palos Verdes Homeowners Ask “What is an Uninsured Deed”?

Palos Verdes Homeowners Ask “What is an Uninsured Deed”?

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Palos Verdes homeowners need to be aware of the risk of an uninsured deed. Recently Ticor Title sent out a reminder to real estate agents regarding why this could be of concern. The most common problem of an Uninsured Deed comes in the form of a Quictclaim deed between family members. When a person gets added to title, this is a window of opportunity for those against him/her to attach to the property.

When you are selling your property, it is always best to use a realtor.  They will use a title company to make sure that a recorded Uninsured Deed will be shown on the Preliminary Title Report, which is for the protection of the homeowner to make sure the deed was not signed fraudulently or under duress which was the intention of the grantor to transfer title.

A realtor would know how to spot this kind of activity on a property profile. If they find that there is no title order number, escrow number, or even an accomodation stamp they will immediately notify the client. Without having this set of extra eyes, a homeowner may find themselves in need of an attorney to help settle their property issues.

 

 

 

Going Green in Honor of St. Patrick’s Day

st_patricks_day_2You’re ready to make some changes to your home, but you want to be smart with your money and see a positive return on your investment.

While most homeowners don’t see that return until they sell their home, you can start seeing the benefits now through conserving energy by making your home green. Continue reading

Tax Breaks for Homeowners

Tax Breaks for Home Owners In Palos VerdesCalling all homeowners!

With tax season rapidly approaching, it’s time to get your paperwork in order and consider all the ways to minimize your tax liability. Whether you’ve got a single-family home, a town house, condo, or even a floating home, there are numerous tax breaks for homeowners if you know the various home-related expenses that you should be sure to deduct. We suggest starting with these: Continue reading