Obtaining title insurance on my property helps me maintain my ownership of the said asset, from possible ownership claims of past owners or beneficiaries of past owners’ claims to interest in the property. Why does my lender need one too? I know that this is something that helps protect from defects relating to past ownership of the property, but that’s for the owner. This is my investment. In a way, this is also their investment in you. And at the end of the day, everyone wants to have a guarantee that their investment is covered. A lender’s policy guarantees that your lender is guarded in t ..read more

So many things become finalized at a mortgage closing. You are finally a homeowner, and you are also finally overwhelmed by your signature. As a child, you would see famous people sign hundreds, upon hundreds, of autographs for people. You had no idea that this would mirror the process you’d endure to close on your property. Who could’ve told you?! Due to hand cramp trauma, it’s probably something people don’t ever want to think about. So, that’s where we’ll begin: You will sign all of the documents, and pay all of the closing costs. Your lender pre-approved you for your property loan, your s ..read more

We have a few steps that you can follow prior to closing on your dream property that will help you avoid being a functional pile of nerves and anxiety. Educate and prepare for the wave of paperwork that will engulf you. This is an area where the FDIC has excellent resources, that could help everyone involved in a property transaction. Being educated about your property transaction can help really prepare you for, and avoid issues with, your property purchase and avoid time and money being spent on superfluous and unnecessary activities. Getting copies of the documents you will need to revie ..read more

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In the words of Peter Marshall, “May we think of freedom, not as the right to do as we please, but as the opportunity to do what is right.” We celebrate all Americans, the ones who perished in the name of freedom and those that stand next to us today.  The post Patriot Day 2022 appeared first on Gables Title Group ..read more

The title of this is pretty telling. A title is a legal concept that confirms you have received ownership rights on the property from the seller. The seller must be confirmed to be the only legal owner, with all the rights to initiate this transfer of title. So, to begin: What is title insurance? It is a policy meant to protect a home buyer and their mortgage lender from damages or financial loss caused by title defects or a bad title. There are several common defects, like a lien, conflicting wills, back taxes, or back mortgage payments. Another issue could be a title that is made worse by c ..read more

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“Nothing ever comes to one that is worth having except as a result of hard work.”  Booker T. Washington relayed this as a universal truth, but today we get to rest, relax and stay in our pajamas through breakfast. The Gables Title Group team would like to wish you a happy Labor Day. The post Happy Labor Day! appeared first on Gables Title Group ..read more

When you get to close on your dream property everything becomes a little bit of a blur. Your palms are sweaty more often than not, the clicking of pens starts to irritate you a little more than usual and you’re having palpitations when your phone rings. Welcome to the life of a new homeowner-to-be. They never said it would be this way, but they also never said that you’d be killing it in the home choice department, and here we are. Here’s a look at some of the fees that you’ll be paying to close on your dream home:   Application Fee – a cost associated with submitting an application for c ..read more