title Insurance

Basic level real estate service would be delivering you the documents involved in title research and the insurance binder and letting you wade through the book–sized document on your own. Believe it or not, that’s the approach many real estate agents take, and some don’t even give the documents a cursory once–over. It’s true that properties that have changed hands before, generally don’t have major title issues, but you can never know for sure without a thorough reading and understanding of the documents involved.

There are also restrictions and covenants revealed in your Title Binder or Commitment package that you may not have known about when you made your offer. Though you may have read disclosure documents or even a copy of subdivision or condominium covenants, it could be that there have been changes since it was printed. The only way you would find out is to read your title insurance binder’s copy of the documents, as it will include the latest documents as recorded at the courthouse. You may also find some recent filings related to obligations of the homeowner association that could result in future expensive assessments.

Any covenants and restrictions you notice in these documents that may restrict your use of the property in a way that causes you to reconsider your purchase would be important, and you’ll not want to miss them. Let’s say that you have a recreational vehicle and intend to park it on your property. Maybe you even plan on creating a shed for it. Any restrictions to the contrary would be important to you, and I'm committed to helping you to uncover every important item in your title insurance documents.

Along with all of those documents that look like a large encyclopedia, there are two sections at the front of the title insurance binder (or commitment) that summarize what’s included and can give you a quick overview to guide you to the most important items first, or those of most concern. These two sections are the “Requirements,” and the “Exceptions.” Requirements are things the title company says must be done or criteria met before their binder is good and title insurance will be issued. Generally, these are pretty cut-and-dried, such as the seller paying off any mortgages or liens against the property, paying current taxes due, etc.

The “Exceptions” are where you’ll find the things that could be a problem for you, such as those restrictions we discussed above. However, some people aren’t quite up-to-speed on what an exception is and what it means that an item is excepted. Most of the benefit of title insurance comes from protection from threats to your ownership or things that come up about property lines or encroachments. When something is already recorded at the courthouse, the title company will not cover you against it in the future, as it’s a “done deal,” and normally can’t be changed. Those restrictions and covenants are that way. If they say you can’t store that RV, then you can’t claim damages later when you try to do that. So, anything that’s already of record will be “excepted,” and you just need to be sure that there isn’t anything in that pile you can’t live with.

You’re the customer, and your money is making this deal work, so don’t be shy about asking any and all questions you have about the documents, requirements and exceptions in the title binder. There are deadlines for objections to what you find that could result in the deal dying, so don’t hesitate to get right to the examination of this document and the attachments.

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Success Stories
  • From beginning to end, Maggie has been with me throughout the whole process. She is extremely knowledgeable, esp. regarding new trends and changes in real estate market. Its crazy times right now and Maggie was there through it all. She even came to closing with me and pointed out several questionable areas in the paperwork and explained documents which she wasn’t required to do. Thank you Maggie Mae!!!

    Paula N.
  • Maggie is one of a kind: she's extremely knowledgeable, highly professional, super patient, completely reliable and she has a heart of gold. She worked with us for nearly a year, and she made the whole experience a positive one. I wouldn't use anyone else if I were to buy or sell again; she truly is our real estate agent for life.,Maggie is one of a kind: she's extremely knowledgeable, highly professional, super patient, completely reliable and she has a heart of gold. She worked with us for nearly a year, and she made the whole experience a positive one. I wouldn't use anyone else if I were to buy or sell again; she truly is our real estate agent for life.

    Linda B.,Linda B.
  • I met Maggie over 3 years ago , and I can confirm that she's an excellent Realtor and with no doubt one of the best out there ,she's very professional and experience; She helped me from renting out my house and finding tenants to actually achieve to buy another house, she will search and contact you on a daily basics and use and contact all her resources to help you get what you want or what you are looking for.,I met Maggie over 3 years ago , and I can confirm that she's an excellent Realtor and with no doubt one of the best out there ,she's very professional and experience; She helped me from renting out my house and finding tenants to actually achieve to buy another house, she will search and contact you on a daily basics and use and contact all her resources to help you get what you want or what you are looking for.

    Luis R.,Luis R.
  • Maggie Dokic is a fabulous agent and if you are buying a home, this is the woman to speak with! Not only is she ALWAYS on time (which for her is 10 minutes early) but she also is constantly in your corner and putting 100% into finding you your dream home. She is a great communicator and always responds to emails and phone calls immediately. Also, she will listen to what exactly it is that you are looking for and will work tirelessly to help you get it. Not only has she helped us buy and sell our last place, but she has worked with several of our family members as well, each one having the same great experience. We had very specific criteria that she helped us find along with the fact that we needed a place to accommodate our two 90 lb dogs. She was able to find places that fit our needs perfectly! If you want to buy or sell a house, contact Maggie! In South Florida where it seems like housing is an impersonal mess of real estate hassles- this agent is supportive, knowledgeable and friendly!,Maggie Dokic is a fabulous agent and if you are buying a home, this is the woman to speak with! Not only is she ALWAYS on time (which for her is 10 minutes early) but she also is constantly in your corner and putting 100% into finding you your dream home. She is a great communicator and always responds to emails and phone calls immediately. Also, she will listen to what exactly it is that you are looking for and will work tirelessly to help you get it. Not only has she helped us buy and sell our last place, but she has worked with several of our family members as well, each one having the same great experience. We had very specific criteria that she helped us find along with the fact that we needed a place to accommodate our two 90 lb dogs. She was able to find places that fit our needs perfectly! If you want to buy or sell a house, contact Maggie! In South Florida where it seems like housing is an impersonal mess of real estate hassles- this agent is supportive, knowledgeable and friendly!

    Robert and Erin C.,Robert and Erin C.
  • I sincerely appreciate everything Maggie did to help us during the purchase of our home. Without any reservations I would recommend her to anyone needing a Realtor. Maggie has a wonderful way with her customers and a fine quality about her.,Maggie, thank you so much for your help last week. I was going crazy with my husband out of town and a decision to make. Your helpful advice and experience were greatly appreciated. I dont know what I would have done without your help. You're my realtor for life. ,I sincerely appreciate everything Maggie did to help us during the purchase of our home. Without any reservations I would recommend her to anyone needing a Realtor. Maggie has a wonderful way with her customers and a fine quality about her.,Maggie, thank you so much for your help last week. I was going crazy with my husband out of town and a decision to make. Your helpful advice and experience were greatly appreciated. I dont know what I would have done without your help. You're my realtor for life.

    Yoan A.,Greta Y.,Yoan A.,Greta Y.
  • To the best Realtor, Maggie Dokic. Please dont mind this dirty envelope. It is my honest proof and good intentions of sending this long ago (the original envelope). I know you dont even believe what you are seeing. After one year and almost three months this crazy lady is sending a thank you. Maggie, there is no excuse that I can give for this late thank you because you did not deserve for this to be late at all. I dont believe that I could have gotten a better Realtor. With much thanks do I thank you for such a wonderful, QUICK and PROFITABLE sale of my home!!! Thank you so very much!!!

    Vanessa S.
Contact Info
Agent
Maggie Dokic

Managing Broker

Special Miami Homes

13301 SW 132 Avenue, #113
Miami  Florida 33186

305-814-6873 305-814-6873 maggie@specialmiamihomes.com

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Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Apr 24, 2017.

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