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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Greg Adams
Century 21 Bradley
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As a Fort Wayne native and a lifetime resident Greg Adams’ has a vast knowledge of the area and local community, and as a result, has a unique perspective on the city and what it has to offer. His exceptional ability to think outside the box when a situation requires a unique and innovative solution makes him a top producing realtor. He has over 33 years of experience, numerous awards and an impressive record of being in the top1% of his field. Whether you are new to the market, thinking of moving up, or even an experienced investor, Greg has the expertise, energy, enthusiasm and access to resources to help you achieve your goals. With a combined 40 years experience in real estate and over 2500 homes marketed and sold, our clients’ best interest is our teams top priority! You can expect individual attention from Greg and his team comprised of Beth Watkins, Heidi Kleinrichert and Rhonda Colbert. Our motto is, “Putting the needs of clients is the first and foremost objective of our team.” Call today for your personalized attention 260.433.0844!

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