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Insurance >The Purpose of Title Insurance

When you finance a home through a lender, you will be required to purchase title insurance to cover the amount of your mortgage loan. At the closing you will be given the option to buy additional coverage to protect your investment.

Before the closing, the title company will order a title report to make sure the sellers actually own the home and that no one else has a legal interest in the property. This process will identify any potential title problems or liens. Title insurance covers you against any future claims that did not appear on the title report. It is a one-time charge that you pay at the closing of the transaction, and it covers your future equity up to a stated maximum amount as your property increases in value. It's a small price to pay to protect such a major investment.

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Q	Due to low business and living expenses, what areas are considered to be the fastest growing in the country?
A	According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies.
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Phyllis Frankel Realty Group, REALTORŽ, real estate agents and broker for Jacksonville and Ponte Vedra Beach Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Phyllis Frankel
Phyllis Frankel Realty Group
100 Executive Way Suite 114
Ponte Vedra Beach
Florida 32082
1-800-999-0245
904-273-0125
904-732-5530
904-273-2475
phyllis@frankelrealty.com
When the going gets tough, count on Phyllis Frankel, GRI, CRS, CRP, to get going and sell your home or find the new home of your dreams. It cost no more to use a Top Producer. Let Phyllis Frankel be your agent for Ponte Vedra Beach, Jacksonville and its surrounding areas. With over 28 years of experience and over 2500 homes sold, she has a proven plan to help serve you better. She has earned many local and national designations including #1 in Northeast Florida, The Stanley Norton Award for the Largest Dollar Volume of Residential Sales from the Jacksonville Association of Realtors and the Sales and Marketing Award given by the Sales and Meeting Executives of Jacksonville. When the going gets tough, count on Phyllis Frankel, GRI, CRS, CRP, to get going and sell your home or find the new home of your dreams. Phyllis Frankel has sold a home every 2 1/2 Days, isn't it time you called Phyllis?

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