Financing Guide Step 4 - Fortifying the Security of Your Asset

Third-Party Orders involve obtaining coverage to insure the property, along with conducting a Title Search obtaining a CPL (Closing Protection Letter). These steps play a crucial role in fortifying the security of your asset. Think of it as the due diligence phase where we ensure your property is protected and your title is clear.

3/8/20241 min read

Why is it Important?

Investing in real estate is not just about profiting; it's about safeguarding your assets. Third-Party Orders provide a comprehensive view of potential risks and protect you from unforeseen challenges. By insuring the property and verifying the title, your asset will be on a rock-solid foundation.

What Gets Accomplished?

During this phase, we obtain a coverage binder that shields your property, and we conduct a Title Search to confirm the property's ownership status. These steps provide a peace of mind, assuring you that your asset is backed by a clear title and comprehensive coverage.

a magnifying glass sitting on top of a piece of paper
a magnifying glass sitting on top of a piece of paper