Phone: 239.540.7007
Real Estate
Home Closing 101
Do you know what to expect on closing day?
Most people don’t. And that can lead to some uneasiness. But help is here. The American Land Title Association, or ALTA, has created a website featuring information every homebuyer can use to help familiarize themselves with the closing process before walking into the closing
The Home Closing 101 Site
At Home Closing 101 you will find information you can use to prepare yourself for closing. The site covers topics such as title insurance, escrow fees and closing costs. So when the time comes to sign on the dotted line you’ll feel fully prepared.

Home Closing 101 is especially helpful for first time buyers. Buying a house is an exciting time and the more you know about the process, the more relaxed you’ll be going through it. Spend a little time on the site and you can walk through the home buying process, receiving explanations for each step and helpful hints on how to find the right people to help you on your journey to homeownership.

Click here to start learning about the home buying process.
What Is American Land Title Association (ALTA)?
Founded in 1907, ALTA is the national trade association and voice of the title insurance industry. ALTA members search, review and insure land titles to protect home buyers and mortgage lenders who invest in real estate.

ALTA members advocate safe and efficient transfer of real estate and insist on high standards when searching land title records and preparing insurance documents. The industry seeks to eliminate risk before insuring, which provides homebuyers with the best possible chance of avoiding land title problems. But, title difficulties can and do occur, and members offer both Owner’s and Lender’s title insurance policies as effective safeguards.

Click here to visit the ALTA website.
About Stewart Title Insurance
Stewart (NYSE: STC) is a leading provider of real estate services, including global residential and commercial title insurance, escrow and settlement services, lender services, underwriting, specialty insurance and other solutions that facilitate successful real estate transactions. Stewart offers personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, through our direct operations, network of approved agencies and other companies within the Stewart family. Through a focus on integrity, smart growth and conservative management, Stewart remains committed to serving our customers, innovating and improving to meet their needs in an ever-changing market. 

Please click on the link below for more information:
Owning real estate is one of the most precious values of freedom in this country. You want the assurance that the property you are buying will be yours. Other than your mortgage holder, no one else should have any claims or restrictions against your home.

Title insurance is issued after a careful examination of the public records. But even the most thorough search cannot absolutely assure that no title faults are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search. Title insurance eliminates any risks and losses caused by faults in title from an event that occurred before you owned the property.

Title insurance is different from other types of insurance in that it protects you, the insured, from a loss that may occur from matters or faults from the past. Other types of insurance such as auto, life, or health cover you against losses that may occur in the future. Title insurance does not protect against any future faults, but does protect you from risks or undiscovered interests. Another difference is that you pay a one-time premium for a policy that remains effective until the property is sold to a new owner - even if that doesn't occur for decades.
What is a Lender's Policy?

A lender's policy, also known as a loan policy or a mortgage policy, protects the lender against loss due to unknown title defects. It also protects the lender's interest from certain matters which may exist, but may not be known at the time of the sale.

This policy only protects the lender's interest. It does not protect the purchaser. That is why a real estate purchaser needs an owner's policy.
What is an owner's policy?

An owner's policy protects you, the purchaser, against a loss that may occur from a fault in the ownership or interest you have in the property. You should protect the equity in your new home with a title policy.

What does an owner's policy provide?

- Protection from financial loss due to demands that may be charged against the title to your home, up to the cost of the title policy.
- Payment of legal costs if the title insurer has to defend your title against a covered claim.
- Payment of successful claims against the title to your home covered by the policy, up to the cost of the policy.
Why the seller needs to provide title insurance?

Any purchaser will need evidence that his investment in your property is free of title defects. The title insurance policy that you provide the purchaser is a guarantee that you are selling a clear title to your real estate, unencumbered by any legal attachments that might limit or jeopardize ownership. It will reassure your purchaser that he or she is protected from any risks or losses and could help you close your deal.
Why the buyer needs title insurance?

Without title insurance, you may not be fully protected against errors in public records, hidden defects not disclosed by the public records, or mistakes in examination of the title. As a result, you may be held fully accountable for any prior liens, judgments or claims brought against your new property. If this should occur, your title policy insures that you will be defended at no cost against all covered claims up to the amount of the policy.
How much does title insurance cost?

The insurance commission approves and controls the premiums for title insurance policies. The premiums are paid only once and the cost depends upon the purchase price of the property and the policy amount must be equal to the purchase price.
What does title insurance protect from?
  • Fraud
  • Adverse possession
  • Rights of divorced parties
  • Deeds by minors
  • Undisclosed Heirs
  • Errors in tax records
  • False affidavits of death or heirshipProbate matters
  • Deeds and wills by persons of unsound mind
  • Conveyances by undisclosed divorced spouses
  • Forfeitures of real property due to criminal acts
  • Deeds by persons falsely representing their marital status
  • Documents executed by a revoked or expired Power of Attorney
  • Defective acknowledgements due to improper or expired notarization
  • Mistakes and omissions resulting in improper abstracting
  • Forged deeds, mortgages, wills, releases and other documents
  • False impersonation of the true land owner
Do you believe in love at first sight? How about hate at first sight? First impressions matter so much, especially when selling a house. The first thing a potential buyer looks at is the exterior of the real estate, whether it is in a photo or in person. Do you think your home is appealing to buyers? Curb appeal is important because it should reflect what they will find inside. Schutt Law- Title Insurance Agency in Cypress Lake has prepared this post for you to help you out with your real estate’s curb appeal. While you’re sorting out the exterior, you should think about your home’s history and get title insurance as well. When thinking about curb appeal you should consider the following:

It All Begins Online

People usually start looking for real estate online. You shouldn’t just prepare your home for open houses or when you’re expecting someone to come and see it. When buyers are surfing the web for a house a good or a bad photograph is what gets them hooked. When you upload photos of your home, make sure they are great. Overcast days are perfect for exterior photos because there isn’t a lot of sunlight which can affect the quality of the photos.

Think Like a Buyer

Pretend you are the person who is interested in buying your place. If were them, what would you change about the house? Walk around the exterior of your home and take notes. Write down what needs to be repaired, cleaned, replaced, or thrown away.  Drive by in the morning and at night, you might catch a detail that you hadn’t noticed before, like some missing shingles on the roof.

Second Opinions Matter

As a homeowner you are probably used to the little imperfections around your home. Maybe the cobwebs on the porch don’t bother you anymore or the cracked and chipped paint on the front door and steps are things you don’t even consider by now. This is why it’s a good idea to bring in a fresh pair of eyes to remind you what needs to be fixed. Remember to stick to your budget. Since you are selling your house, it should look good but you shouldn’t invest a lot of money into fixing it unless it's necessary. Consider getting title insurance for your home before you really get into selling it. It’s better to be safe than sorry. Schutt Law- Title Insurance Agency is a great choice for title insurance in Cypress Lake. If you are not sure what that’s all about, why don’t you call them up? Their number is (239) 540-7007.

Tips For Improving Your Curb Appeal in Cypress Lake

Once you’ve got the photos and the basic idea of what you should change, you should follow these tips:

The Numbers Count

Everyone hates to struggle looking for the house number. Don’t let your potential buyers go through that annoyance. This is the time to spruce up your house numbers. You can make them bigger and bolder, modern, elegant, simple, or Prarie-style, the possibilities are endless. Your house numbers should go along with the concept you have for your home. If it’s country chic, use tiles, if it’s modern, use a sans serif font.

Let There Be Light

A little bit of light can make a great impact on your home’s curb appeal. Add some light fixtures to your walkway or hang some lights on trees. Solar fixtures are a great and affordable option if you want something that doesn’t need wires.

Add Some Nature

Plants can really make a place change. Big bushes and leaves all over will make your house look unkempt. On the other hand, pretty flowers, trimmed bushes, and green grass will make the place look amazing. Add some seasonal flowers or maybe some herbs that you can use in the kitchen later. If there’s not really a garden area in your house, you can also place potted plants outside.

A Glimpse Inside

No one wants their privacy to be invaded, but giving buyers a tiny peek inside your home could be beneficial. Open up the curtains, shutters, or blinds. A home filled with light sells faster, and that is a fact. Besides, open curtains look better from the outside. You don’t have to keep them open all the time, but it would be great to do it from time to time.

Color It

It goes without saying an attractive paint color works wonders. If painting the whole house is too much, paint the door a nice shade. Try to match the place’s current color to cover paint chips and cracks.

Looking to Get Title Insurance For Your Home?

Getting title insurance for your home is also an important part of the selling process. It keeps you safe against possible lawsuits after you’ve sold off the place. Give Schutt Law- Title Insurance Agency a call at (239) 540-7007 and they will guide you through the title insurance process in Cypress Lake.