{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fd8f8d814-2ac7-4998-a39e-4304933fd385","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"<iframe style=\"width: 100%; height: 200px;\" title=\"E047: Talking Title with Leah Negri, The importance of title insurance and reading your title commitment\" frameborder=\"0\" scrolling=\"no\" allow=\"clipboard-write\" seamless src=\"http://player.captivate.fm/episode/d8f8d814-2ac7-4998-a39e-4304933fd385\"></iframe>","title":"E047: Talking Title with Leah Negri, The importance of title insurance and reading your title commitment","description":"<p>In this episode, Nicole Saunches interviews Leah Negri, General Manager of Platinum National Title. &nbsp;For Leah, this is a family affair as she and her mother manage Platinum National Title and between the two of them have more than 50 years of experience in the title industry! &nbsp;</p>\n<p>Leah and Nicole speak about the importance of title insurance and why it is critical to store your title insurance policy in a safe space. &nbsp;Additionally, they discuss how a defect in the title, also known as a cloud in the title, can delay and/or derail a transaction. &nbsp;They discuss examples of title defects we have experienced as well as share a tip for sellers that it may be beneficial to have a preliminary title search in advance of selling your property to ensure there aren't any title defects that need to be remediated. &nbsp;As evidenced in the examples, sometimes there are defects that occur due to clerical mistakes or previous owners and are out of the current sellers control. &nbsp;</p>\n<p>Real estate laws vary by state. &nbsp;For example, did you know in the state of Florida a title company only insures the property's legal description (as opposed to the property address or parcel ID). &nbsp;Leah and Nicole also discuss a couple of other ways the real estate business is different in other states as well as other counties within Florida. &nbsp;</p>\n<p>Additionally, Leah suggests obtaining an owners encumbrance report for properties that buyers may be bidding on at auction to help prevent a buyer from inheriting previous owners' title defects (such as delinquent property taxes, IRS liens or delinquent HOA fees - just to name a few). &nbsp;</p>\n<p>Finally, Leah and Nicole share a tip on how a buyer or seller (depending on who is purchasing the owner's policy) can get a rebate on title insurance if the property is sold within three years of the policy. &nbsp;And, hint, the same tip applies for buyers who refinance within three years of purchasing their home.</p>\n","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/4a0c440b-9891-4b5e-b8b2-3169a0734179/1218795-1568395190205-80d3b644912bc.jpg"}