william bronchick

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In title insurance, the seller usually gives a deed containing certain guarantees or "warranties" (hence the name "Warranty Deed").

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Presentation Transcript

Slide 1: 

Save 90% on Title Insurance

Slide 2: 

In title insurance, the seller usually gives a deed containing certain guarantees or "warranties" (hence the name "Warranty Deed"). The seller warrants that title is good, that is, no one would come challenge the integrity of the title. For example, if a deed that was passed before him was forged, all subsequent transfers are void. Other problems may be more subtle, such as a deed with an incorrect legal description or misspelled name. Any irregularities in the "chain of title" will place a "cloud" on the integrity of the title.

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When a homeowner is ready to sell a property, a title search is performed by a title company or attorney. 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 will issue a title insurance policy for a certain fee.

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William Bronchick is an experienced real estate investor who provides excellent coaching for dealing with all real estate issues. William Bronchick offers expert coaching on title insurance. His coaching has been helping investors to save a maximum of 90% on title insurance. In his mentoring, 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.

Slide 5: 

William Bronchick’s 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."

Slide 6: 

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 Bronchick’s coaching advices investors to ask for a “re-issue” rate and to try to “hold-open” the policy in order to save 90%.

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Thanks

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