Owner's Title Insurance is so important. As a homeowner, by electing an owner policy when purchasing a home, you would be covered against the legal and financial consequences resulting from a claim that may jeopardize your ownership of the property. It is a one time fee when you purchase the property and you are covered for the entire value of your property for as long as you own it. This is the biggest investment of your life - protect it.
Declarations of Homestead are available to an owner or owners of a home who occupy their property as their primary residence. The Homestead protects these individuals from certain types of lawsuits up to $500,000.00. This document should be filed with the Registry of Deeds when the property is initially purchased, but can be filed at any time if it has been previously forgotten.
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Real Estate Purchase
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At closing, clients should bring with them their driver's license/picture ID and a bank check, if necessary.
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At closing, Seller does not need to be present. Necessary documents are signed ahead of time for Attorney Ianello to facilitate the closing on behalf of the Seller.
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A Foreclosure is a proceeding in which a lender repossesses or sells the property because the owners were unable to make their monthly mortgage payments. If you have received a foreclosure notice, contact Attorney Ianello.
Disclaimer: This material has been prepared by Cristina M. Ianello, Attorney at Law for informational purposes only and should not be construed as legal advice for any individual case or situation. Transmission of the information is not intended to create and receipt does not constitute an attorney-client relationship. Internet subscribers and online readers should not act upon this information without seeking professional legal counsel. This material may be considered advertising under the rules of the Supreme Judicial Court of Massachusetts. No part of this material may be disseminated without this paragraph.
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