At Semonin, REALTORS®, our approach to real estate is all-encompassing, delivering a comprehensive advantage to both buyers and sellers by orchestrating a unified and effortless real estate journey. By offering an array of home buying and home selling services, we forge a unique edge that cultivates a user-friendly real estate experience. Our commitment lies in streamlining the buying and selling process, ensuring efficiency and minimizing stress for customers and agents alike.
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With the HomeServices Title Inc. owner's policy, you have complete protection at a very competitive rate. Plus, you get other forms of coverage that other title companies may not offer:
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Gap coverage - The "gap" in gap coverage is the space of time between your closing date and the date your documents are actually recorded. Until this official recording occurs, the validity of the buyer's title is still uncertain, which could leave you open to claims, fraud and potential loss. Many title insurance policies stop short of the mark, ending their coverage at closing. But a HomeServices Title policy covers you through to recording.
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Mechanic's lien coverage - A mechanic's lien is a financial hold on a property because of a debt to a trades person, usually for goods or services rendered in home construction or remodeling. If, for example, it turned up after closing that plumbers were still owed money for new bathroom fixtures that were installed, they could try to collect from you, the new owner. A HomeServices Title owner's policy would cover such an obligation. A policy from another title company might not - a fact that often comes as quite a shock to new homeowners.
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