Fort Lauderdale, Miami and Palm Beach real estate and homes for sale in Florida, Acreage, Condos, Lofts, New Construction, Waterfront Homes - Lynne Knapp, REALTOR® Lynne Knapp REALTOR(r) for Fort Lauderdale, Miami and Palm Beach, Florida real estate, Acreage, Condos, Lofts, New Construction, Waterfront Homes - NUMBER1EXPERT™ Lynne Knapp NUMBER1EXPERT(tm) for Fort Lauderdale, Miami and Palm Beach, Florida real estate, Acreage, Condos, Lofts, New Construction, Waterfront Homes
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Lynne Knapp, Realtor® Your Exclusive Personal Luxury Estate and Condominium Representative, in Southeast Florida, Broward County, Miami-Dade County and Palm Beach County - NUMBER1EXPERT(tm)
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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
Q 
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A 
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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Lynne Knapp, Realtor® Your Exclusive Personal Luxury Estate and Condominium Representative, in Southeast Florida, Broward County, Miami-Dade County and Palm Beach County - NUMBER1EXPERT(tm)

Lynne Knapp, Realtor® MDC
ReMax Consultants Realty 1 (Southeast Florida)

1625 SE 17th Street Causeway
Fort Lauderdale, FL. 33316
(Builder-Developer Representative)
Cellular: (954) 647-5335
Office: (954) 647-5335
Fax: (954) 525-5133
Email: LynneKnapp@aol.com
Email: LynneKnapp@PriceyProperty.com
Email: LynneKnapp@BestBrowardProperty.com
Email: LynneKnapp@LynneKnapp.com

New Construction, Resale, Relocation Experience for over 22 years, Providing Residential and Commercial Services to Domestic and International Clients. Residential Development Sales Management. Acreage, Condominiums, Lofts, Luxury Estates, Penthouses, Single Family Homes, Townhomes, Villas

Focusing on the Gold Coast (Southeast Florida)
Palm Beach, Broward and Miami-Dade County
Real Estate Home Buying and Selling Needs, Our catalog of Florida Luxury Homes for Sale starts with Ft Lauderdale FL Real Estate and includes these Towns, Cities and Areas:

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