Assured Title Agency

What Happens to The Title Policy?: Discussing the Owner’s Policy and Transferring Coverage

May 2, 2016

Transferring property after acquisition often sparks questions about the transfer of title insurance coverage. Typical scenarios are ones that involve one person buying a piece of property and receiving an owner’s title insurance policy to protect personal interests. The property owner  may feel the desire to transfer the property following acquisition for any number of reasons, including ...

Assured Title Agency

TILA-RESPA: Discussing the Closing Disclosure Form

April 30, 2016

The new Closing Disclosure form, the TILA-RESPA, is a worksheet far more complicated than the HUD-1 and it has provoked many to ask questions. The Closing Disclosure form doesn't merely incorporate information from the Good Faith Estimate, the Truth in Lending Statement and the settlement costs, it's changed the  method by which settlements occur. Consequently, this has generated countless ...

Assured Title Agency

The Ins-and-Outs of a Title Commitment

April 29, 2016

The document by which a title insurer discloses all liens, burdens, defects and obligations affecting subject property is known as a title commitment. The title commitment is the result of an order placed with a title insurer, which is usually a mutually executed contract, to buy and sell real property. The Commission approved real estate contract in Colorado calls for the seller to convey ...

home title insurance

The Owner’s Title Insurance Policy Protects Homeowners and Real Estate Professionals

April 18, 2016

The Owner’s Title Insurance Policy is an “optional” purchase, but definitely a valuable one. The policy is a smart investment into personal security, and it's valuable and shielding. Yes, as a homebuyer you’re likely already paying for title insurance, but it’s likely that you’re simply paying for a Lender’s Policy of title insurance which protects your lender, not you. This ...