Quantcast

A LOT.

There are few things in life more important than protecting your home.
Remember that the best title examination or search cannot protect your equity and home from matters not appearing in the public records.
However, a Stewart policy* can protect you from:

  • Documents executed under false, revoked or expired powers of attorney
  • Impersonation of the true land owner
  • Undisclosed heirs
  • Improperly recorded legal documents
  • Prescriptive rights in another not appearing of record and not disclosed by survey
  • Failure to include necessary parties to certain judicial proceedings
  • Defective acknowledgements due to improper or expired notarization
  • Corporate franchise taxes as liens on corporate real estate assets
  • Gaps in the chain of title
  • Mistakes and omissions resulting in improper abstracting
  • Forged deeds, mortgages, wills, releases of mortgages and other instruments
  • Deeds by minors
  • Deeds which appear absolute, but which are held to be equitable mortgages
  • Conveyances by an heir, devisee or survivor of a joint estate who attempts to attain title by ill-gotten means
  • Inadequate legal descriptions
  • Conveyances by undisclosed divorced spouses
  • Duress in execution of wills, deeds and instruments conveying or establishing title Issues involving delivery of conveyancing instruments Deeds and wills by persons lacking legal capacity State inheritance and gift tax liens
  • Errors in tax records
  • Demolition and substandard building liens
  • Administration of estates and probate of wills of missing persons who are presumed deceased
  • Issues of rightful possession of the land
  • Issues concerning the rightful conveyances by corporate entities
  • Deeds and mortgages by foreigners who may lack legal capacity to hold title
  • Legal capacity of foreign personal representatives and trustees
  • Issues involving improper marital status
  • Improper modification of documents
  • Rights of divorced parties
  • Conveyances in violation of public policy
  • Misinterpretation of wills and ancillary instruments
  • Deeds by persons falsely representing their marital status
  • Claims by creditors of decedent against property improperly conveyed by heirs and devisees
  • Issues concerning unlawful takings by eminent domain or condemnation
  • Special tax assessments
  • Real estate homestead exceptions
  • Forfeitures of real property due to criminal acts
  • Issues concerning adoption of children
  • Conveyances and proceedings affecting rights of military personnel protected by the Soldiers’ and Sailors’ Civil Relief Act
  • Issues concerning interests noted in financial statements led under Uniform Commercial Code
  • Interests arising by deeds of fictitious parties
  • Adverse possession
  • Lack of jurisdiction or competency of persons in judicial proceedings
  • Community property issues
  • Utility easements
  • False affidavits of death or heirship
  • Intestate estates
  • Probate matters
  • Federal estate and gift tax liens

* Subject to certain terms, conditions and limitations set forth in the policy.

Steward Title Circle of Excellence Award
By Mike Elwell 12 Oct, 2021
Ancona Title & Escrow earns Stewart Title Circle of Excellence Award for 5th consecutive year.
By Mike Elwell 29 Sep, 2021
Freddie Mac recently announced that a new single-close mortgage product will become available after November 2021. Dubbed the CHOICEReno eXPressSM , it is set to address certain types of renovations like interior/exterior painting, roof repairs, minor remodeling, window and door replacement and other like items. This will become part of the CHOICE suite of mortgage solutions and is an expansion of the CHOICERenovation® that is designed to provide flexible financing for lenders and borrowers. Per Freddie Mac, “this new mortgage solution enables Sellers to deliver CHOICEReno eXPress mortgages to Freddie Mac prior to completion of the renovations without recourse, provided certain requirements are met”. The eXPress option is designed to aid in addressing the growing supply of older homes, creating more affordable housing, and accommodate the heightening demand for aging-in-place housing options. For many people this loan option will be an improvement over the use of unsecured financing options or credit cards. At Ancona Title and Escrow we view this news as a welcomed opportunity for our important business partners. We support the home buying and selling market on all levels. Critical to that involvement is a keen understanding of the elements that influence the marketplace. At Ancona we’re more than just title and escrow providers… we’re industry experts. We know this news will be a welcomed option for our realtor connections, mortgage partners, lenders and consumers. It is an interesting time to be a homeowner. Home renovation and restoration is being done at all levels from DIY’ers to professional restoration experts. The CHOICERenovation and Reno eXPress options are incredible options. The requirements for these programs have also been improved to make it easier for all parties involved. We will continue to monitor influential areas in and around our industry. Should our friends and associates wish to find more details on these programs we welcome them to visit https://sf.freddiemac.com/faqs/choicereno-express-faq to learn more.
By Mike Elwell 16 Sep, 2021
Today we are taking a look at 30 year fixed rates forecasting. The rates below are provided by the Financial Forecast Center's website. I have been watching this site since 2002 and they have been extremely accurate and helpful in the growth and direction of my business. Now, here is the disclaimer, I am only passing along this information because in my opinion I think it's valuable. This is not an endorsement of the product nor do I sell it. Again, this is something that I utilize to plan future business around. Use at your own risk.
Value of Title Insurance
By Mike Elwell 08 Aug, 2019
Many people are unfamiliar with what title insurance is, what it does for them and the benefits of having a healthy title industry. So we’d like to offer a quick glimpse into what we do for our customers day in and day out at Ancona and the benefits all Americans receive from the work done by the title industry.
Show More
Share by: