Episode 16: The Importance of Title Insurance with Ken Martin

In Episode 16 of the Intelligent Equity Podcast, host Ryan Kiefer talks with Ken Martin, President of Priority National Title Services. Ken shares why it’s important for buyers to purchase title insurance and how you can protect yourself with a good policy, sharing examples of when these policies have helped his clients.

 

Episode Highlights: 

 

• Priority National Title serves the Midwest, with great connections working north to south.
• Ken runs the marketing side of the business and his wife, Tina, runs the title side.
• They looked at the status quo and wanted to do something different with their title company.
• They wanted to make connections and establish an important place in the community.
• 50% of people who move south will actually move north again within two years.
• Ken thinks this is because people find it too hot in the south.
• Priority National Title begins closing at 7:30 in the morning and stops closing at 11:30 at night.
• Why would someone want to have title insurance?
• Title insurance protects buyers from things happening in the past.
• This protects you from what happened when someone else owned the property.
• Title insurance can protect you against liens.
• Getting surveys on your property is critically important.
• Ken shares the story of a client who purchased a home that ended up being built fifty feet over the property line.
• 25% of homes have title defects.

 

3 Key Points:

1. Priority National Title serves the Midwest with great relationships, great service, and low fees.
2. Purchasing title insurance protects you from anything that happened in the past.
3. A high number of properties have title defects.

 

Resources Mentioned:

• Ryan Kiefer: LinkedIn, Facebook, Website
• Ken Martin Facebook, LinkedIn
• Priority National Title Services