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Feature Home - Priced $115,000 Below Tax Appraisal!

$500,000

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Address: 1704 Edinburg Court	City/ST: Allen, TX	Zip Code: 75013
Location: Allen,TX	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 4573	Bedrooms: 5	Bathrooms: 4
MLS# 11208336

OFFERED AT $115,000 BELOW TAX APPRAISAL!!! Toll Brothers CUSTOM home offering SPACIOUS floorplan designed for all of your entertainment needs!! Located in much desired Twin Creeks on an OVERSIZED CULDESAC LOT! Gourmet kitchen with custom Alder wood cabinetry with Butlers pantry. Hardwoods throughout first level. Huge gameroom and Media room. Private upstairs suite. Extended patio leading to LARGE backyard. 3-car garage! 8ft cedar privacy fence.

Last Updated: 7/26/2009 1:01:01 AM

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Titles >Do You Really Need Title Insurance

When a home is purchased, title insurance is one of the closing cost items on the closing statement. This insurance protects the buyer from defects in the title that are not discovered until after the closing. There are two kinds of title insurance--coverage that protects the lender for the balance of the mortgage if the buyers have a loan, and coverage that protects the buyers' equity in the property.

It is prudent to purchase owners' coverage because most of the title problems that arise after a closing are not from a sloppy title search, but are the result of inaccurate information in the public records. The ownership chain goes back a long way, and fraud or misrepresentation anywhere in the chain could mean big problems. Title insurance will protect you if a wife or husband did not properly sign off on the ownership papers or if the property was sold as part of an estate that was later disputed. Most people do not have to deal with the title insurance company after the closing, but this coverage could save your investment if a problem arises.

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Q	What is encroachment, and how might it affect a property owner?
A	Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim.
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Nathan Kaul, REALTOR�, real estate agent and broker for Highland Park, Park Cities, University Park and Dallas, Texas home listings, property and land for sale - NUMBER1EXPERT

Nathan Kaul
Keller Williams Elite
8201 Preston Rd. Suite 265
Dallas, TX 75225
469-774-0693
Fax: 214-239-2802
nathankaul@NUMBER1EXPERT.com

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