Buying

Understanding Title Insurance: Owner’s Policy and Lender’s Policy

Title insurance is essential in real estate transactions, protecting against potential title defects. There are two main types: owner’s policy and lender’s policy. Owner’s Policy The owner’s policy protects the buyer’s ownership rights to the property. This insurance ensures that the buyer is safeguarded against any claims or legal disputes over the property’s title. It …

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Housing Inventory Remains at Historic Lows, Creating a Seller’s Market

One of the most significant challenges in the current housing market is the scarcity of available homes for sale, which is creating a highly competitive environment for buyers. The latest data from Realtor.com reveals that active inventory in June was a staggering 50.6% below pre-pandemic levels observed between 2017 and 2019. This limited housing supply …

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