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About Reza Ardebili
Expertise
I am a Real Estate Broker. I own my own properties, and I build many 3 family homes. I can answer all aspects of purchasing/selling/researching on real estate in NY. I specialize in 2/3 families in NYC (5 boroughs). I can also help you through the process. BROOKLYN, MANHATTAN, BRONX, QUEENS’s properties in which you can build equity and your rental income pays for your mortgage is a very good idea. Most properties I sell/build are in this category. Hope I can be of help.

Experience
I have been in this field for 8 years now. New Construction, and finding investment properties are 2 of my specialties.

Organizations
I own my own real estate company. I am a Realtor. MLS member.

Education/Credentials
I am a Rutgers University Graduate. I recieved a B.A. in CIS. Minor in bussiness.

Awards and Honors
Just many thanks from the families I helped. That is enough award for me.

 
   

You are here:  Experts > Real Estate > Real Estate by Location > Real Estate: New York > title insurance

Topic: Real Estate: New York



Expert: Reza Ardebili
Date: 9/24/2007
Subject: title insurance

Question
We finally found a house that will be good for us.....it is a for sale by owner....we made an offer, it was accepted, we had the house engineered ( no report as of yet)
We are buying all cash....LI NY....we will have a title search done through our lawyer..my question....is title insurance really necessary? Seller owned the house for 2 years, and bought it from an origial owner....when we bought our first home 30 years ago we didnt have title insurance.
Please shed some light on a very touchy subject.
Thank you CG

Answer
Hi. I am happy you have found another property which suits you.

To be honest title insurance is not always needed. TITLE SEARCH is hallways needed though.

In financing deals, the bank requires you to get the insurance, because their money is involved.

So as much as it's a risk, but it's a low risk if you work with a title company where they are very very professional in their search.

It's really up to you and your lawyer.

Please call me if you have any other question, as it's the best way to contact me. thanks. Mr. Reza (917)379-5383

I hope you have a pleasant, pleasant transaction

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