Title: Episode 75: The Title Policy That Just Saved One of My Client's Loans (Critical Lesson)
Description
Ever wonder how a small, overlooked lien could derail a real estate deal you thought was smooth sailing? Most investors and lenders assume that title insurance will catch everything, but mistakes happen, and the wrong policy could cost you thousands.
In this episode, Rich Lennon breaks down how a lender’s title policy can protect you when homeowners’ policies fall short. He shares a true story where a 15-year-old lien threatened a property sale, but thanks to the lender’s policy, the borrower was saved from unnecessary costs. If you’re a lender or investor, this episode shows why the right title insurance can save you thousands.
You’ll Learn How To:
- Understand the difference between homeowner’s and lender’s title policies
- Protect your investment from unexpected liens and title issues
- Use the lender’s policies to resolve mistakes made in previous closings
Who This Episode Is For:
- Real estate investors and private lenders want to protect their loans
- House flippers who want to avoid hidden liabilities
- Anyone concerned about minimizing risk and maximizing returns in property deals
Why You Should Listen:
Most investors overlook the power of a lender’s title insurance until it’s too late. This episode demonstrates how a proper policy not only protects your investment but can also save thousands of dollars and prevent deal-breaking problems. Gain clarity, confidence, and tools to ensure your money is secure in every real estate transaction.
What You’ll Learn in This Episode:
- [00:00 ] The key differences between homeowner and lender title policies
- [01:00 ] How lender title insurance protects the entire loan amount
- [02:00 ] A 15-year-old lien that almost blocked a property sale
- [03:00 ] Why unresponsive attorneys can create costly closing problems
- [04:00 ] How the lender’s policy saved the borrower $2,500
- [05:00 ] Importance of checks and balances in title insurance processes
- [06:00 ] Why title mistakes happen more often than most investors think
- [07:00 ] How to protect your deals with the right title policies
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Website: https://richlennon.com
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