Cash Flow Guys Podcast

Today we will uncover the most often overlooked critical detail when it comes to closing on your next deal.   Skipping this one detail could cost you thousands of dollars and possibly result in you losing ownership of the property you intend to buy. I am talking about the details found in your title insurance commitment, precisely the info found in section B 2 of the commitment where exceptions to title insurance coverage are listed. Before we dive in, I’d like to briefly explain what title insurance is and why you need it. Title insurance is designed to protect a buyer of real estate if any past issue relating to the marketability of title has been overlooked over the entire history of ownership for that particular property.   Title insurance only protects you in the event of PAST title issues, not future ones.  It’s designed to protect you from problems that may arise from things that happened before buying the property.   By the way, when I say “property,” I mean any real estate where ownership transfers w