Mama Liz Says --Another Reason for Owner's Title Insurance

By
Real Estate Broker Owner with Liz Loadholt- AgentOwned Realty- Covering SC
originally posted on Real Estate Brokerages

Another true story from Charleston, SC.

Sellers and Buyers were at the closing table to close on a transaction. The attorney asked the sellers and buyers for identification. The buyers provided driver's licenses and the male seller provided his and the female seller got up and walked out. a couple at a closing table

You see, she was not the seller's wife, but the girlfriend. Had that attorney not found that out before the closing and the real wife had come back later to claim her half of the property --- guess what?

If this buyer couple had closed and not gotten owner's title insurance, they would have been in a lot of trouble.

These 2 situations that I have told you about were prevented, so all was well.

My next story tomorrow did not turn out so nicely.

Owner's title insurance is a necessity.

Mama Liz's Signature

Liz Loadholt
Broker, SC Certified Trainer, Relocation Director
Co-founder of AgentOwned Realty
]
Liz@AgentOwned.com


843-725-5007


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The AgentOwned Realty serves your real estate needs for:

Charleston, Johns Island, James Island, Mt. Pleasant,
Isle of Palms, Sullivan's Island, Daniel Island, North Charleston,
Summerville,Goose Creek, Moncks Corner, Santee, Manning, Sumter, Florence, & Myrtle Beach, all in South Carolina



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Topic:
Real Estate Best Practices
Location:
South Carolina Charleston County Charleston
Groups:
Advice for Buyers
Coaching and Mentoring
Independent Brokerages
South Carolina Real Estate
The Activerain Gold Star Hall of Fame
Tags:
title insurance
owners title insurance
fraud
attorney
mama liz

Comments 4 New Comment

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Rainmaker
999,581
Joan Whitebook
Consumer Focused Real Estate Services
BHG The Masiello Group

Mama Liz -- You are one wise woman.  I even advise my clients to get the enhanced insurance because it cover so much more than the standard policy! 

August 18, 2010 05:40 PM
Rainer
239,935
Michele Miller ~ REALTOR®, LMC, HSE, CHS
"Your Full Service Professionals"
Keller Williams Greater Worcester

Mama Liz,

Great information and I love your vlogs!

August 19, 2010 06:17 AM
Rainmaker
313,014
Liz Loadholt
Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC
Liz Loadholt- AgentOwned Realty- Covering SC

Joan --- thanks so much for stopping by --- enhanced insurance is all we quote -- I agree with you.

August 22, 2010 12:21 PM
Rainmaker
313,014
Liz Loadholt
Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC
Liz Loadholt- AgentOwned Realty- Covering SC

Michele --- you are sooooo sweet --- thank you so much.

August 22, 2010 12:21 PM
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Rainmaker
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Liz Loadholt

Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC
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