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Good Faith Estimate (GFE): Why You Should Order Your Own Title Insurance On a Purchase or Refinance Part 2 of 8

clock July 8, 2013 12:10 by author MyTitleDirect

In this article, we will be discussing what a Good Faith Estimate is (GFE), who provides it and what it means. The average person does not know what a GFE is and too often think that they are “mandatory” charges by the bank. If you look at a GFE, you will see there are also Title Insurance charges on it. These charges, unlike popular belief, are not mandatory charges. In fact, nearly almost every charge on your GFE are all estimates, hence the name Good Faith Estimate.


Title Insurance Series: Why you Should Order your Own Title Insurance Part I of VIII

clock June 26, 2013 10:15 by author MyTitleDirect

Shopping for title insurance may seem like a tricky and complicated subject. It is not all that hard though. In fact, Title insurance shopping can be compared to grocery shopping. You want to find the best product for the lowest amount. Now just because a place like Costco, Sam’s club or even BJ’s might have a cheaper product does not mean the quality of the product has been compromised. In fact, the product has all the same packaging, information, writing and even the same quality product inside; the only difference is the price and quality of how the customer is treated.


Key Terms Involving Real Estate Transactions Part III

clock June 11, 2013 05:50 by author MyTitleDirect
For the next set of definitions, we will be discussing common real estate and closing terms beginning with the letter Q to the letter Z. This is the final part of a three part informational blog about title insurance and common terms used in the title insurance, real estate and the closing process. I hope that everyone who has took the time to read these definitions and articles are better informed and have a better understanding of what is going on in their title insurance transactions, real estate transactions and closing transactions.


Key Terms Involving Real Estate Transactions & Why You Need to Know Part II

clock June 10, 2013 06:32 by author MyTitleDirect
As I stated in the previous blog, I am defining words that involve real estate and closing transactions for purchasing or refinancing a property. We know that buying and/or refinancing a house can be a very hard and confusing process. That’s why people like us, at My Title Direct, a title insurance company, like to inform you the consumer.


My Title Blog: Real Estate Closing Terms Explained

clock June 6, 2013 11:22 by author MyTitleDirect
We have defined many of the words that are involved in the real estate and closing transactions when purchasing or refinancing a property.


Buying Real Estate Property When Title is Vested by More Than One Person

clock May 28, 2013 05:50 by author MyTitleDirect
It is very important that you don’t rush into naming ownership, as this is a very important part of your life and of how to manage your investment in buying Real Property.