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By Carmen Arruda
 Carmen Arruda serves as regional account
manager and assistant vice president for the
Fidelity National Title Insurance ...
 When a home buyer assumes ownership of a
piece of property, he or she receives the title
to that land. Before this happe...
 Once the title is cleared, the sale can move
forward. However, certain liens may arise
later that had not been found dur...
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Clear Titles and Title Insurance

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Carmen Arruda serves as regional account manager and assistant vice president for the Fidelity National Title Insurance Company. There, Carmen Arruda helps clients understand the meaning and importance of possessing a clear title.

Published in: Real Estate
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Clear Titles and Title Insurance

  1. 1. By Carmen Arruda
  2. 2.  Carmen Arruda serves as regional account manager and assistant vice president for the Fidelity National Title Insurance Company. There, Carmen Arruda helps clients understand the meaning and importance of possessing a clear title.
  3. 3.  When a home buyer assumes ownership of a piece of property, he or she receives the title to that land. Before this happens, however, most lenders require that the title be clear of any outstanding liens. Such liens include outstanding taxes, home equity loan payments, and even debts to contractors. If any liens do exist, they must be cleared during the escrow process. A buyer's mortgage or title company can help with this process.
  4. 4.  Once the title is cleared, the sale can move forward. However, certain liens may arise later that had not been found during the clearing process, possibly as a result of the lien's absence from public record or from a previous omission. Title holders can protect themselves by purchasing an owner's title insurance policy that covers the buyer should a lien holder come forward after the property has changed hands.

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