Lynn B. Friedman - Atlanta Homes ODAT Realty: Atlanta Buckhead Midtown - Property Title + Insurance = Safety Part 2

Atlanta Buckhead Midtown - Property Title + Insurance = Safety Part 2

Atlanta Buckhead Midtown - Part 2 
Property Title + Title Insurance = Safety



Atlanta Buckhead Midtown Westside and everywhere else, the astute Buyer understands the necessity of having, as Barbara Todaro  says, "clean, clear marketable Title" when buying a new home. That means avoiding missing links in the chain of ownership.

In a previous post entitled Atlanta Buckhead Midtown - Property Deed or TitleWhat's Difference? you may see the tax records for an unbroken chain of property transfer.

What is a broken chain of Title? See if you can spot the broken link below:


Yes, you found it! From:

  • John A to Mark O
  • Mark O to David A
  • Cherie J to David A
  • David A to Josh
  • Josh to Ling

In this case, must be a restructure of their finances (or ?). Checking further, on the property Survey, both of the names, David and Cherie, are listed. Note that the type of Deed is a Quit Claim Deed and the sale was considered "nominal" since it was between parties known to each other.

Actually in this case, we don't have a truly "broken" chain since we can account for every step along the way. Wherever there are shifts in the chain, Title Insurance a good option.

Title Insurance is a two-part option. The Mortgage Lender becomes insured for the money extended for the purchase and that is deducted at Closing. The Buyer must choose to pay Owner's Title Insurance at the Closing. 

All the best - Lynn

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Comment balloon 4 commentsLynn B. Friedman • March 23 2020 05:57AM


Good morning, Lynn B. Friedman very clear explanation of what title insurance accomplishes and how important it is.... buyers have "one shot" to purchase it at their closing.... it's a grave error not to insure your largest investment....

Posted by Barbara Todaro, Marketing Agent for The Todaro Team (RE/MAX Executive Realty ) 4 months ago

Good morning Lynn. For lending it is required. For ownership it is essential for future conveyances. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 4 months ago

Lynn your explanations and examples are clear and easy to follow.  Great job on this series.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) 4 months ago

Barbara Todaro   Wayne Martin   George Souto 
You all make me feel so successful with your comments. Getting back on the horse again. Eight days and counting -- ODAT -- One Day At a Time -- just like my company name! See you tomorrow - Lynn

Posted by Lynn B. Friedman, Concierge Service for Our Atlanta Sellers & Buyers (Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ...) 4 months ago