One question we received this week from a client: "I'm buying a house from my parents, should I get title insurance?"
The Florida Department of Financial Services licenses and oversees Title Insurance in the State of Florida. They put out a great guide to title insurance that we review in today's episode of The Crushing Debt Podcast.
The link to download the guide is:
The guide is a short read, about eight pages long and covers the basics: the closing, the closing agent, title insurance, how to select a title agent, tips, common terms and definitions and frequently asked questions.
One other link mentioned in the guide and in the episode is a link to verify the licensure of a particular title company or title agent, which you can find at: https://licenseesearch.fldfs.com.
Our sponsor, Sam Cohen of Attorneys First Insurance provides malpractice coverage to title companies (and attorneys) all over the Country. He would love an introduction to the title company you used for your last closing. You can make that introduction at Sam@AttorneysFirst.com or www.AttorneysFirst.com.
For more information, previous podcast episodes, blogs, and other useful tips, please visit the Yesner Law website at www.YesnerLaw.com.