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824 Johnnie Dodd Blvd - Mount Pleasant - SC - 29464
(843)608-1299 - (843) 884-7300 - 800-497-9084 - email
(843)608-1299 - (843) 884-7300 - 800-497-9084 - email
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Disclosure of Affiliated Business Arrangements Title Insurance Services
AgentOwned Realty is a licensed realty firm that assists its customers with the purchase and sale of residential real estate. AgentOwned Realty is also a licensed title insurance agency that can assist you in obtaining title insurance for your property.
Binder: $75.00 Simultaneous Issue: $75.00 Minimum Premium $75.00
Premium: per thousand of coverage charge of
· $3.60 up to $50,000
· $3.00 over $50,000 and up to $100,000
· $2.10 over $100,000 and up to $500,000
· $1.80 over $500,000 and up to $5,000,000
· $1.20 over $5,000,000
There are 55 Very Good Reasons to Obtain Title Insurance! See below for them!
Home Warranty Plans
AgentOwned Realty can also assist you in obtaining a home warranty plan.
One year coverage for $350-450. The premium, deductible and coverage vary according to the warranty plan.
Homeowners Insurance Services
AgentOwned Realty is also a marketing firm for an insurance agency, in which it has a 50% ownership interest that can assist you in obtaining homeowners insurance.
Premium: Varies according to the amount of coverage purchased, deductible selected, age of dwelling, type of construction and location of home among other factors such as, loss history and financial stability of the insured. However, for illustrative purposes, if the median value of homes sold in this area is $125,000 the corresponding average premium for a standard H03 policy with replacement cost would be approximately $680.00 per year. The average premium in the example cited above could further be reduced by a variety of discounts ranging from new home discounts (extended to homes less than 10 years of age) protective devices, multi-policy and retired discounts among others.
Wally Burbage & Associates Allstate Insurance –Home & Auto
888-728-1180 or 843-881-1921 or 843-766-1221 wallyburbage@allstate.com 24 hr customer service
Mortgage Services
AgentOwned Realty is also a marketing firm for a mortgage company in which it has 60% ownership interest that can assist you with obtaining financing for your home purchase or refinance of your present mortgage.
The cost of mortgage services varies and depends on the type of loan that a person selects. Typically, the charge is 1% of the loan amount. This can change depending on various factors such as the loan amount, the interest rate chosen, the loan program, etc.
AgentOwned Realty receives a financial or other benefit for providing or marketing these services to you.
Residential Mortgage of SC LLC
Becky Hayward, loan originator 843-971-5689 cell: 843-830-8813 fax: 843-725-2369 55 Very Good Reasons to Obtain Title Insurance
1. False personating of the true owner of the land and other instruments.
2. Forged deeds, releases of mortgages and other instruments.
3. Instruments executed under fabricated or expired powers of attorney. (Death or insanity of principal.)
4. Deeds apparently valid but actually delivered after death of Grantor or Grantee, or without consent of Grantor.
5. Deeds to or from corporations before incorporation or after surrender or forfeiture of charter.
6. Undisclosed heirs.
7. Misinterpretation of Will, Deed or other instrument.
8. Deeds by persons of unsound mind.
9. Deeds by minors.
10. Deeds by aliens.
11. Deeds by persons apparently single but actually married.
12. Birth or adoption of children after date of Will.
13. Children living at date of Will but not mentioned therein.
14. Mistakes in recording legal documents. (Incorrect indexing, errors and omissions in transcribing and failure to spread of record or preserve original instruments.)
15. Want of jurisdiction of persons in judicial proceedings.
16. Want of jurisdiction of persons in judicial proceedings.
17. Discovery of Will of an apparent in testate.
18. Discovery of later Will after probate of first Will.
19. Federal Estate and gift tax liens.
20. Capacity of foreign personal representatives and trustees to act.
21. Failure to include necessary parties in judicial proceedings.
22. Claims of creditors against property conveyed by heirs and devisees within prescribed time after owner’s death.
23. Deeds absolute on their faces but which are hold to be equitable mortgages.
24. Deeds in lieu of foreclosure set aside as being given under duress.
25. Ultra vires deed given under falsified corporate resolution.
26. Outstanding prescriptive rights not of record and not disclosed by survey.
27. Conveyance and proceedings affecting rights of servicemen protected by Soldiers’ and Sailors’ Civil Relief Act.
28. Deed of property recited to be separate property of Grantor which is, in fact, community property.
29. Errors in tax records. (For example, listing payment against wrong property.)
30. Deed from bigamous couple – prior existing marriage in another jurisdiction.
31. Deed from convicted felon.
32. Conveyance by heir, devisee or survivor of a joint estate who murdered the decedent.
33. Defective acknowledgement due to lack of authority of notary (acknowledgement taken before commission or after expiration of commission.)
34. Federal condemnations without filing of notice. (Federal law does not require filing of notice of taking in local recording office.)
35. Rights under Financing Statements filed under Uniform Commercial Code in the name of the debtor who may not be the owner of the property.
36. Record easement, but erroneous ancient location of pipe or serer line which does not follow route of granted easements.
37. Demolition liens where city demolishes building under statutory authority which are not recorded or are not recorded against the true owner.
38. Descriptions apparently but not actually adequate.
39. Fraudulent changes in existing records by persons other than recording officials. Changes in record by recording official without authority upon oral request or upon being presented with instrument changes after executions and recordation.
40. Ineffective waiver of tax liens by tax or other governing authorities repudiated later by successors.
41. Corporation franchise taxes as lien on all corporate assets, notice of which does not have to be recorded in the local recording office.
42. Wills revoked by marriage after executions when marriage not contemplated by terms of Will.
43. Special assessments where they become lien upon passage of resolutions and before recordation of commencement of improvements for which assessed.
44. Interests arising by Deeds to fictitious characters to conceal illegal activities on the premises.
45. Erroneous reports furnished by tax officials, but not binding on municipality.
46. Administration of estates and probate of Wills of persons absent but not deceased.
47. Undisclosed divorce of spouse who conveys as sole heir of deceased consort.
48. Marital rights of spouse, purportedly but not legally divorced.
49. Tax homestead exceptions set aside as fraudulently claimed.
50. Break in the chain of title beyond period of examination of public records where running of adverse possession statue has been suspended. (True owner is incompetent, absent or incarcerated or title is held by the sovereign._)
51. Deed from Trustees of purported business trust which is, in fact, a Partnership or joint stock association.
52. Deed of executor under non-intervention will when order or solvency has been fraudulently procured or entered.
53. Deed from record owner of land where he has sold property to another purchaser on unrecorded land contract and purchaser has taken possession.
54. Void conveyances in violation of public policy (Payment of gambling debt, for contract to commit crime or made in restraint of trade.)
55. Duress in execution of instruments.
(From Chicago Title Insurance Company)
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824 Johnnie Dodd Blvd - Mount Pleasant - SC - 29464
(843)608-1299 - (843) 884-7300 - 800-497-9084 - email
(843)608-1299 - (843) 884-7300 - 800-497-9084 - email
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