Did you know that Abraham Lincoln lost his house twice because of cloudy title? It’s true. First American Corporation, which is one of the country’s largest title insurance underwriters, reports about the losses on its website and in a promotional brochure about the dangers of not having a clear title to land.
When it comes time to finish the paperwork for your first piece of real estate (investment or otherwise) you’re going to find out that many trees have lost their lives because of the paper shuffled back and forth to buy, sell, rent, insure, list, survey and record real estate.
Written By: M. Anthony Carr. If you would like to continue reading, click here.