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November 11, 2003

RE/MAX
Valley Real Estate
Contact:  Jack Pearce
Phone: (330) 629 - 9200

 <For Immediate Release>


Know the Risks…
All Buyers Need Title Insurance

According to Jack Pearce, Broker for RE/MAX Valley Real Estate, “Getting an owner's title insurance policy is important for all homebuyers, even if the residence is newly constructed. In fact, it is especially important for new-home buyers because they have risks not associated with previously owned properties.”

“These buyers will be the original owners. It is important that the buyers ensure that a survey was conducted and is insured as part of their owner's title insurance policy.” Says Pearce. “Doing so will eliminate challenges to their lot boundaries in the future.”

Moreover, Mr. Pearce believes “the owner's policy will protect the buyer in the event that the builder failed to pay all of the contractors and suppliers - who could file mechanics' liens against the new home in an attempt to get compensation.  

For more information on services RE/MAX Valley Real Estate offers the home buyers and sellers in the Mahoning Valley, stop by RE/MAX Valley Real Estate located at 54 Boardman-Canfield Rd. 330.629.9200 or visit them on the web: www.OurValleyHomes.com