Indemnify

To agree to hold a person or party free of liability. The person issuing the indemnification guarantee accepts all obligations for any liabilities that may arise from the agreed subject. For example, a refinance may discover a problem with the title that should have been addressed by the purchasing title company. The lender or title company for the refinance may require a "hold harmless" or indemnification letter from the original title insurer before the refinance can be closed. For more information, see the "Title and title insurance " article in the "Real Estate In-Depth" section.

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Real Estate 101

Real Estate 101

This book makes it easy to not only buy a home, but figure out everything that you need to do, even get a loan. In simple and easy to understand language, it talks about where you should buy a home, what to look for in a home, how to find a home, how to get an agent, how to get a mortgage and more. This is a step by step process that you, a new home buyer, can use to purchase a home.

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