A chain of title is not always perfect. Ownership rights of a property can be clouded by a number of potential liens as well as prior incompetence and maybe even fraud. Gaps or problems in a chain of title put a seller in a difficult predicament as these items need to be cleared by a NJ Title Company that is closing the … [Read more...] about NJ Title Insurance – Clouds on Title
New Jersey Title Insurance Settlement Fees
NJ Settlement Fees Unlike other states the State of New Jersey mandates not only the charges for NJ Title Insurance but also the actual settlement fees. In many states it is common for a buyer/borrower to not have to pay any closing fee, especially when settlement is held at the title company. However, a NJ Title Company must … [Read more...] about New Jersey Title Insurance Settlement Fees
New Jersey Title Insurance Rates
The New Jersey Title Insurance Rating Bureau sets out the rating schedule on how to determine the state mandated title insurance charges. In NJ instead of a percentage (%) discount the refinance and reissue rates are based merely on a lesser amount per thousand dollars of coverage. This creates a bit more confusion for … [Read more...] about New Jersey Title Insurance Rates
