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Ruth Mills Team


San Diego Realtor
Ruth Mills
858.459.9109

Welcome to the Ruth Mills Team website FAQ section, where we try to answer some of the questions most asked by our clients. If the information to the right does not provide a satisfactory answer to your question,
Contact Us and we will search for a better answer.

More Frequently Asked Questions

Real Estate 101



Why do I need Title Insurance?

Title insurance provides peace of mind at every stage of the buying process. It offers protection against many risks, including forgery, fraudulent releases, disputed powers of attorney, lack of capacity of a person who has signed a document, ambiguous or erroneous legal descriptions, ambiguous judgment liens, incorrectly indexed public records and federal estate tax liens.

An extended coverage policy can go even further, offering protection against third-party claims regarding adverse possession or past use of land, rights to access adjoining lands or encroachment by neighbors. There is even coverage available against building permit violations and post-policy forgeries and encroachments.

By providing experienced professionals to eliminate risks before closing; insuring against risks that can't easily be detected; insuring a good closing and even by providing important legal defense, if a problem should arise after the fact.

What is a title insurance premium?

The title insurance premium is a one-time fee paid at the close of escrow in California. The issue of who pays closing costs is a matter of agreement between the parties, unless guidelines are specified by a lender or governmental agency, as may be the case with VA or FHA transactions.

This information is provided as a service. As every situation varies, it is strongly advised to seek counsel from independent tax advisors, tax attorneys, and/or CPAs.