Are you cleared to close?
The housing market has been on a tear for quite some time now. This has caused a lot of questions with regards to buying a new house or refinancing an existing mortgage. Being that there are a lot of moving parts to securing a mortgage, we thought it would be best to spend some time educating our listeners and the law enforcement community on Title Insurance. And, more importantly, what a Title Agency does.
In this episode of Financial Roll Call, host James Fay interviews Ron Osadacz, a Title Insurance Professional with the Clear to Close Title Agency. Ron does a great job of breaking down the role of a title agency, which is to verify that the title to the real estate is legitimately given to the home buyer. He further explains how Title Insurance is just a one-time premium that is paid at closing.
Title Insurance is a way to protect yourself from financial loss and related legal expenses in the event there is a defect in the title to your property that is covered by the policy. This conversation with Ron Osadacz will help you gain a better understanding of how that process works.
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Shore Point Advisors is an investment adviser located in Brielle, New Jersey. Shore Point Advisors is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Shore Point Advisors only transacts business in states in which it is properly registered or is excluded or exempted from registration. Insurance products and services are offered through JCL Financial, LLC (“JCL”). Shore Point Advisors and JCL are affiliated entities.
Learn more: https://shorepointadvisors.com/