CAREI Coaching by William Bronchick can help Save 90% on Title Insurance
William Bronchick offers expert CAREI coaching on title insurance. His coaching has been helping investors to save a maximum of 90% on title insurance. In his CAREI coaching, William explains that whenever title passes, the seller usually gives a deed containing certain guarantees or "warranties". The seller then warrants that title is good, so that no one challenges the integrity of the title.
William’s CAREI coaching explains that a title search is performed by a title company or attorney when the investor is ready to sell a property. The title searcher follows the chain of title back about 50 years, tracing the ownership through deeds recorded in pubic records.
The searcher also checks to make certain that previously recorded mortgages and other liens have been released. Based on documents found in public records, the title company or attorney will prepare a "title insurance commitment." A commitment is a statement that based upon certain documents found by a search of public records, the company issues a title insurance policy for a certain fee.
The title insurance policy, unlike most insurance policies, covers past events. However, it does not cover claims based on events that occur after the policy is issued. William’s CAREI coaching advices investors to ask for a “re-issue” rate and to try to “hold-open” the policy in order to save 90%.
About William Bronchick William Bronchick, CEO of Legalwiz Publications, is a nationally known attorney, author, entrepreneur, and speaker. Mr. Bronchick has been practicing law and real estate since 1990, having been involved in over 1,000 transactions. He has trained countless people all over the United States to become financially successful, speaking to audiences of as many as 16,000 at "Get Motivated" events sharing the stage with names like Rudy Guliani, Steve Forbes, and Colin Powell.
His best selling book, ‘Flipping Properties' was named one of the ten best real estate books of the year by the Chicago Tribune. William Bronchick is also the co-founder and President of the Colorado Association of Real Estate Investors and the President and Chairman of the College of American Real Estate Investors.