7 Pine Street P.O. Box 166 Eureka Springs , AR 72632
Phone: 479-253-8000
Fax: 479-253-2279
Fax: 479-253-2279
| What is Title Insurance? Why do I need it? |
| There are two types of title insurance: one to protect the lender’s interest and another to protect your interest. Virtually every lender requires title insurance in connection with first mortgage loans and will require a policy to cover the full amount of the loan. The expense is borne by you and the one time premium for title insurance is part of your closing costs. You, as the owner, can also receive coverage based upon your interest in the property. This is also a one-time premium done at closing. |
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| Frequently Asked Questions |
| Is it possible to sell a home despite having a second mortgage? |
| What is a "closing"? |
| What is Title Insurance? Why do I need it? |
| What is a Title Search? Why Do I Need One? |
| What is a HUD Settlement Statement (HUD-1)? |
| What is pro-ration of property taxes? |
| What is pre-paid interest? |
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