After months of searching and considering options, you bought a new house. You’ve moved in your belongings, decorated, painted that ugly dining room and planted flowers. Now you’re considering a kitchen remodel.
Then you receive a notice. You’re being sued. The previous owner had a pool built and didn’t pay the contractor; the contractor’s placing a lien on your property. Or another scenario: An unknown heir of the former property owner files suit, claiming he owns the property. Other unexpected situations exist as well.
How do you avoid losing everything you’ve put into your home in these situations? How could you ensure you don’t lose your equity or the house itself? You buy title insurance.
When you buy a house, a title search is usually done to assure your property is clear of existing claims. The lender will require you to buy lender’s title insurance, which protects the mortgage amount; it covers the lender’s interests only and expires when the mortgage is paid.
But say you want to pay cash for your home. Or you want to protect it beyond the mortgage payoff. Then you may want to buy an owner’s policy, which protects your interests as long as you or your heirs have ownership.
How do you know if you need an owner’s policy? How much does it cost? What does it cover? You need a professional to answer these and other questions. Meet Carrie Clure, Title Insurance Agent.
Carrie is a homegrown Omahan dedicated to her family, warm-weather travel (think beaches) and Husker football. She opened Ambassador Title Services in 2011 because she wanted to “bring something different to the market that wasn’t already there.”
If she weren’t running a title company, she would be working in another real estate area because she’s been in this service industry since 1999. But her abiding motivation is developing business. It’s “something she works for every day” because she wants Ambassador to be number one. That means she’s going to hustle to answer your questions, work with your schedule and earn your trust. For more information on title insurance or to schedule an appointment, contact:
Carrie Clure, President and Title Insurance Agent
Ambassador Title Services