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Case Studies

We are frequently asked to explain differences in coverage between title insurance and other forms of title assurance, such as attorney opinion letters.

Twixt Cup and Lip
Eastlake, Ohio – In this Cleveland suburb First American insured a first mortgage against a residence for $52,800. The borrowers were Robert and Mary, husband and wife.
A Race to Record
Memphis, Tennessee – In any real estate transaction there will be a "gap" between the last search before closing and the recording of documents. Depending on circumstances this period may be several days, or weeks.
All in the Family
Decatur, Georgia – In a quiet suburb of Atlanta we insured a first mortgage against this renter-occupied home for $89,040. The borrowers were Mark and Sam, partners in a local shoe store, and loan proceeds were deposited into their business bank account.
Bankruptcy 101
Essex, Vermont – When these homeowners refinanced their second mortgage they chose an out-of-state lender in nearby Plattsburgh, New York.
False Witness
Albuquerque, New Mexico – By necessity, title to land is often established by sworn statements from knowledgeable parties. This is not fool-proof practice.
Larceny, Inc.
Aspen, Colorado – For many years this property was vested in Riverbank, a Colorado corporation. Several years ago Riverbank conveyed the property to High Western Development, another corporation, and First American insured a first deed of trust given by High Western for $380,000.
Lost Socks
Newark, New Jersey – Any land record system, whether public or privately maintained, should be expected to have some errors in copying and indexing of documents.
No Trespassing
Dunwoody, Georgia – First American insured a first mortgage against this home for $500,000. The house sits on a secluded hill connected to the nearest road by a private driveway meandering around a wooded ravine.
The Missing Link
Martha's Vineyard, Massachusetts – Over time any property's title will likely play host to some unexplained mysteries.
The Pirated Payoff
Brick Township, New Jersey – First American insured a refinancing first mortgage against this residence for $107,800.
Too Little, Too Late
Vero Beach, Florida – When this homeowner refinanced her line of credit First American insured a new second mortgage for $72,174.
Yours, Mine and Ours
Derby, Connecticut – How does a house get built on the wrong lot? Happens all the time. In 1979 Samuel and Judith owned three contiguous lots on this residential street. On the westernmost lot was a duplex apartment. The middle lot was vacant.