Mortgage Title Support Services

Planning for retirement and deciding whether to buy long-term care insurance would be a lot easier if you knew your odds of needing long-term care, as well as at what age and for how long. While these numbers do not reflect other types of long-term care, the need for home care, assisted living, or care provided by family members probably rises at similar rates. According to the American Association for Long-Term Care Insurance, in 2012 64 percent of long-term care claims were made by those over age 80 and only 9 percent were from those in their 60s. Bad health can lead to the need for care or it can cause an early death, eliminating the need for care. Then we can assess the average likelihood of needing care as follows:No Need for Care     0 – 1 Year  1 – 3 Years More than 3 Years                   22% 35% 24% 19%                          Then, you can adjust these numbers up or down based on your health, family history and family situation.

A title legally confirms that you own the property and obtained it from the seller, and it protects the new property owner from anything they couldn’t have seen coming related to their new property. A good title insurance company makes sure to cover all potential claims, like outstanding liens, back taxes, and conflicting wills, within the title insurance policy. How Title Insurance WorksA title insurance policy protects a property owner from investing a substantial amount of money in a property only to find out there are issues that render the title invalid. What Title Insurance CoversThe two types of title insurance are owner’s title insurance and lender’s title insurance, but for the purpose of this article, we will focus on owner’s title insurance. The Protection of Title InsuranceAt Heights Title, we want to make sure buyers and lenders alike are protected with title insurance.