This Week we welcome Chris Rao of Berkshire Hathaway Home Services Page Realty. They have offices in Medway, Medfield, and Wrentham, Massachusetts. Chris talks about all of the exciting things happening with their new brand. He talks about BHHS’s great new mobile App. He talks a little about how he has started to expand his companies’ reach into the Downtown Boston Market. Chris shares some stats with our listeners. Did you know during Q2 2014, single family homes in Boston are up 4%? Rick, Ali and Chris talk about the importance of Pricing and Presentation when selling a house. Chris talks about “Move For Hunger”. An initiative for homesellers to pack-up non-perishable goods when they are about to move, and have BHHS pick them up and deliver them to a local food bank. Use this link to reach Berkshire Hathaway Home Services Page Realty at their website, e-mail them at firstname.lastname@example.org or call their Medfield office at 508-359-2331.
Next up, Rick and Ali talk about Title Insurance. Ali explains what Title Insurance is all about. There are different types of insurance associated with buying a home. Some are required, such as Homeowner’s insurance. This type of insurance, insures the home, most lenders require this when you take out a mortgage on a property. A second type would be Homestead Insurance. This protects the house against unsecured creditors. Title insurance is required to be purchased for the benefit of the lender and the option to be purchased for your own benefit. It is insurance taken out to protect the Title to a property. The Deed is the instrument that is actually giving you the ownership of the property. The Title to the property is the history of the property. What was the genesis of the property? How did it change hands? Who ended up with it?, etc. You are required to purchase Lender’s Title Insurance. You still need Title Insurance for yourself because Lender’s Title Insurance offers you no protection, personally as a homeowner. Listen in as Ali shares with our listeners a robust amount of information on Title Insurance. This is great information that you don’t want to miss.
Here are the Top Five Reasons to Buy Title Insurance:
• Conveyance by a mentally incompetent person
• Conveyance by a minor
• Deeds by Corporations
• Deeds through a Trustee
Text the word “TITLE” to 617-548-7425 Rick and Ali will send you “The 70 Reasons to Buy Title Insurance”