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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. See All Tips In The "Titles" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What is the largest home in Hollywood? A  The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million. See More Real Estate Trivia >

Doug Ranger RE/MAX Grand Central 18946 Ventura Boulevard Tarzana, CA 91356 DRE #: 01226427 Toll Free: 800.498.6707 Doug's Cell: 805.208.2488 Fax: 801.303.7032 Doug: Doug@DougRanger.com RE/MAX Grand Central is licensed in the State of California. The Ranger Team of RE/MAX Grand Central specializes in friendly, high-tech personalized service to home buyers and home sellers. We have a strong Internet presence and believe in saturation marketing. We use two multiple listing services and have built a very effective referral network to find and sell property. Please consider us your online, in-touch real estate consultants for all your property needs in Los Angeles County and Ventura County. Call or email anytime. We're always ready to help. RE/MAX Grand Central www.dougranger.com is brought to you by Doug Ranger NUMBER1EXPERT™ in real estate for Tarzana, Encino and Woodland Hills, California Read Doug Ranger's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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