|
What is An Uninsured Deed?
Most
common problems from Uninsured Deed's come form Quitclaim deeds between family
members, especially husband and wife. Having title can act as a protection
against claims which may arise against you.
Why Should it be of Concern to You When
Taking a Listing?
- Is it a divorce situation?
- Was it signed in distress?
- Does a possible bankruptcy exist?
Possible signs of an uninsured deed:
- No accommodation stamp.
- No title company or title company title order
number.
- No escrow number showing on document.
- No document stamp showing under the fee section.
- Handwritten document.
- Time recorded is not 8:00 am in the morning.
Back to Main Menu |