Get Title Insurance. Especially if paying cash for real estate.

Hello, this is Attorney Hunter Cavell. And today I want to talk about buying real estate and something called title insurance.

Now, title insurance is a must. What it does is it basically protects you from anyclaim someone has on the property before you buy it. Let’s say there are unpaid state taxes. If you have insurance and they don’t catch it, then you have an insurance policy to cover you. Now, if you don’t have insurance, the taxes can follow the property and come after you. This is especially true if somebody’s gifting you property or if it’s a transfer between family. You should also get what’s called a general warranty deed, which means the person selling it doesn’t know of any of this stuff happening, and they will help you out if there is something clouding title. Do not go with a quit claim deed, because what that means is you’re buying whatever the person is selling and they don’t have to warranty you anything. They could effectively not own the property and give you a quit claim deed and then not have any enforce. But what you really need to do is purchase title insurance. Yes, it’s expensive. Yes, it’s necessary. And that’s your tip for today. Thank you. And check out cavelllaw.com.

Author Bio

Hunter G. Cavell, owner of Cavell Law, is a dedicated advocate focusing on real estate litigation and business law. A cum laude graduate of Case Western Reserve University Law School, Hunter has established himself as a formidable presence in the legal community, successfully representing both businesses and individuals in complex cases ranging from title and lien issues to business acquisition and contract disputes,

Admitted to practice in Ohio and various federal courts, Hunter’s experience has not gone unnoticed. He has been recognized as a Rising Star by Super Lawyers for seven consecutive years, a testament to his legal acumen and client-focused approach. Hunter’s commitment to his profession extends beyond the courtroom, as evidenced by his active involvement in professional associations. Notably, he served as an executive member of the Young Lawyers Section in the Cleveland Metropolitan Bar Association, further solidifying his reputation as a leader in his field.

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