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The Schuman Team
Dan and Amy Schuman
Phone: 216-346-3235
Email: danschuman@kw.com
www.schumanteam.com

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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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What is the busiest airport in the world?

A 
According to the Airports Council International, the Hartsfield International Airport in Atlanta, Georgia is currently the busiest airport in the world, serving 76.87 million passengers per year.
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The Schuman Team - Dan and Amy Schuman, REALTOR®, real estate agents and broker for Solon, Orange, Beachwood and Bainbridge, Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)

The Schuman Team - Dan and Amy Schuman
Keller Williams Realty Greater Cleveland

29225 Chagrin Blvd
Cleveland, OH 44122
Dan: 216-346-3235
Amy: 216-403-9189
Fax: 216-456-2333
Email: danschuman@NUMBER1EXPERT.com

The Schuman Team will make the home buying and selling process a positive experience. Our unique "Designed To Sell" program will help our sellers stand out from their competition and sell quicker. Home buyers will appreciate our market knowledge, quick response time, and unmatched negotiating skills. Chosing The Schuman Team will give you the peace of mind that you have chosen to work with true professionals.

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