NY title insurance is the only way to protect yourself against losses related to any cloud on the title, which is why it’s often required by lenders for large purchases like homes and commercial buildings. NY title insurance can be bought from title agencies like MacGregor Abstract. A title search is a legal document verifying […]
Read moreNY Title insurance protects a property owner against losses from defects in the ownership chain, including your lender. It’s important to have title insurance so you don’t lose your home if there are problems with the title when you buy or sell. You can purchase this insurance from title companies such as MacGregor Abstract. Titles […]
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The purpose of NY title insurance is to help protect you against loss in the event there is a flaw or defect in your title. It can be purchased from MacGregor Abstract, or any other licensed title company. And every state has different laws and regulations. You need a title company that knows the intricacies […]
Read moreIf you are buying a home, the lender will require NY title insurance coverage on the property. The lender usually buys this coverage and passes the cost along to the borrower in the form of an escrow account. The cost is approximately $1 per $1,000 of the total loan amount. It is unclear why they […]
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The purpose of NY title insurance is to protect the lender in the event that a defect in the title is discovered after closing. If there is a defect, the lender may be able to recover its losses from the title insurance company. At worst, the combination of lender’s and title insurance company’s loss would […]
Read moreNew York City is lively, fun, and full of activities to do and sights to see. For these reasons planning an entertaining trip to the city is easy. However, planning the ultimate trip is something else entirely. Read on to discover how you could plan the ultimate trip to NYC. Select the Right Time of […]
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