History of Title Insurance Back to Title 101 We have put together a history of title insurance that we use in presentations offered to our clients here at Homestead Title. This information will give you a good background to the history of our modern day title insurance product and serve as a quality...

HUD Explanation Back to Title 101 What is a HUD? The HUD Settlement Statement is the financial picture of the closing. All money flowing into and out of settlement appears on the form. Why do we need a HUD? For every federally related mortgage transaction, a HUD-1 Form must be filed. The HUD-1 Form ...

Protections in Title Insurance Back to Title 101 Title insurance is an insured statement of the condition of the title or ownership rights to the property. An owners policy describes the property in detail and indicates the limitations that may be upon the insured property or what the ownership is s...

Understanding the Title Commitment Back to Title 101 The title commitment is a report of the status of the property being sold. It will contain information on the record owner, proposed buyer and lender, the legal way the property is described, and encumbrances affecting the property. The commitment...

Title 101 At Homestead Title Company we believe that aiding the knowledge and understand of all parties involved in any given Title transaction will serve to facilitate a smooth proceedure and benefit everyone involved. Whether you're a home buyer, a seller, a real estate agent, a mortgage broker, o...