Foreclosure Title Insurance |
Providing Title Insurance Assistance to Buyers Purchasing Bank Owned Property and Foreclosures From Online AuctionsIn today’s real estate market, the importance of having an experienced real estate lawyer when purchasing a bank owned property or foreclosure at an online auction cannot be measured. In light of the all of the foreclosure fraud and recent court cases, buyers of foreclosure property are accepting big risk because title insurance companies are taking big risk. The risk is that prior homeowners will ask for their property back because the property was fraudulently foreclosed. The reason for the risk, is that few, if any, title agents review the foreclosure file to see if the foreclosure was performed correctly. The same way banks were sloppy with creating and foreclosing on mortgages, title insurance companies are sloppy for not reviewing these files. This is especially true where the property is clearly acquired by questionable means. Larry Tolchinsky is a real estate lawyer with 16 years of experience in title insurance and foreclosure matters. Buying a foreclosure today is risky business. More than ever, it is prudent for a title insurance agent to review a foreclosure lawsuit file to insure that the foreclosure was performed correctly, including examining the chain of ownership of the mortgage documents. This is also true for buyers of property from online foreclosure auctions, with one big difference being that they should do their examination before bidding on the property. Unfortunately, most title insurance underwriters do not require their agents to do this research. It is our policy, to ask the bank’s title insurance agent to provide evidence that is has satisfied this obligation in addition to providing evidence that it has properly searched for and resolved other possible title defects including, outstanding judgments, municipal and association liens, and other hidden traps.Larry represents Buyers purchasing foreclosure property located in Hallandale, Hollywood, Aventura, Fort Lauderdale, Miramar, Pembroke Pines, Weston, Davie, North Miami Beach, Dania Beach and all other cities in Dade and Broward County. Experienced Florida Title Insurance AttorneyLarry Tolchinsky’s 16 years of experience handling Florida title insurance matters makes him qualified to handle even the most complicated cases. A simple call puts you in contact with a committed, local attorney who will handle all aspects of your file and work hard to help you get what you deserve. Larry is a reputable Florida real estate lawyer who will use his best efforts to minimize the risks associated with title insurance today. If you or someone you know is buying a bank owned property, contact Larry Tolchinsky, an experienced Title Insurance Attorney, today for a free consultation. Contact an Experienced South Florida Real Estate LawyerContact Larry Tolchinsky to find out how he can help you. You can contact him by phone at 954-458-8655 or by e-mail through this web site to schedule an appointment and learn more about your rights from a South Florida real estate lawyer. He offers a free initial telephone consultation. To learn more about Larry Tolchinsky, click on this link: South Florida Real Estate Lawyer |
