48/ SEPTEMBER 2017 THE RIDER REAL ESTATE: Title Insurance? YES it is Worth Having!


ditional discretionary expense, I think it’s well worth paying for when purchasing a home or property. You are covered for a host of potential losses for things such as fraud, survey errors, encroachment issues, existing undisclosed liens, as well as any other issues that prevent you from having clear ownership of your property. Also, if anybody challenges your title, or if you have to defend your title, say against a neighbour’s renovation that encroaches on your property, your title insurer will cover the costs of defense (up to the policy’s stated maximum amount). And it gets even better. Most title insurers include a policy rider for “building compliance” coverage, which basically means that if you buy a property that was renovated without proper permits, and if the changes were not in compliance with current building code reg- ulations, the title insurer will compensate


By Teri Davidson While buyer’s title insurance is an ad-


not hard to understand why many existing home owners started looking for protection. While title insurance covers you against


PROPERTIES FOR SALE


Horses?? This one owner Hobby Farm outside Burford will be the perfect home for you and 4-5 horses. 27 year old immaculate well built two storey home offers three big bedrooms, inviting country size kitchen with deck off back doors. Front living or dining room, use as you wish. Two baths. Fully finished lower level with huge recreation room features a gas fireplace, bar area and finished laun-


erty you already own. The rules are a little dif- ferent, because any pre-existing conditions cannot be as easily determined, but a lawyer can spell that out for you in detail. In 2005-06, many existing homeowners who didn’t have title insur- ance decided to buy coverage during a wave of mortgage fraud that made a lot of headlines. The prime targets were home owners with free and clear titles (meaning their properties had no mort- gages or liens). The fraudsters stole personal in- formation and forged documents to transfer ownership of title before taking out a mortgage on the property and disappearing with the money. The home owners were none the wiser until the lender’s missed-payment notices started showing up in their mail boxes. When faced with that kind of nightmare, it’s


services coverage”, which protects you if your lawyer makes a mistake during the buying process. With this coverage, your title insurer will rectify the error and reimburse you for any losses, thereby eliminating the hassle and cost of you suing your lawyer to recover any damages. Identity theft protection is an optional feature also worth considering. Anyone who tries to steal your title needs your detailed personal informa- tion, and once they have it they can open ac- counts in your name for credit cards and other types of loans, which will quickly destroy your credit rating. This rider covers you for the costs of defending and restoring your good name (which are substantial), for losses pursued against you by creditors, and may even reimburse you for any wages lost for time taken off work to participate in this process. You can also buy title insurance for a prop-


you for the cost of correcting any issues. Most people aren’t aware of this clause, and it is cur- rently under review by the insurers because about half of the claims made under this portion of the coverage are for amounts of $100,000 or more. In fact, some title insurers are already limiting coverage to $30,000 in specified areas through- out Ontario. Another good feature to look for is “legal


most risks associated with your rights of ownership, it is not all encompassing. For example, it does not cover environmental hazards (soil contamination, asbestos), any zoning bylaw or building code violations that you create yourself, or any native land claims, to name a few exemptions. If you have any questions about what is in- cluded with your insurance, again, check with your lawyer.


Teri Davidson is Broker Owner of Associate Realty Brantford Inc. Teri has enjoyed a career in Real Estate that spans almost 40 years and she continues to actively sell and find homes for her Buyers. and Sellers .. Please contact Teri at teridavidson@rogers.com or 519-758- 7307


Adversity & Integrity: Mary Jones’ NAJYRC Tale


rience:


NAJYRC jumping competition, Mary had to make the tough decision to withdraw Cartoon. Here, Mary speaks to the situation and the expe-


Junior Jumping Team for the 2017 Adequan/FEI North American Junior & Young Rider Championships (NA- JYRC) and travelled to Saugerties, NY as part of Team Canada. Unfortunately on the morning of the first day of


held at Thunderbird Show Park in Langley, BC in early June, Mary rode in the anchor position for the Maple Leafs team in the CSIJ-A Junior Team Event, which saw Canada and the United States go head-to-head in an FEI nations’ cup team format over two rounds. Part- nered with Cartoon, Mary put a clear on the board and helped the Maple Leafs claim the top of the podium. By July, Mary and Cartoon had been named to the


an 11-year-old Holsteiner gelding sired by Carinjo that stands just 15.3hh, Mary moved into the FEI ranks in 2017 and quickly saw success. During the CSIO 4* Odlum Brown BC Open,


force to be reckoned with in the jumping ring, but a true horsewoman who puts the well-being of her beloved horse above all else. Paired with her “little horse that could” - Cartoon,


Mary Jones, 15, of Vancouver, BC is not only a


roller coaster of ups and downs and unfortunately our down came at a most unfortunate time. We passed the jog and technically could have competed, but the vet at the show was not able to give us a certain diagnostic, due to FEI regulations. Without this, pushing him to jump posed a risk. I and others working with Cartoon agreed based off gut feeling it wasn’t worth pushing him.


important, but nothing compared to how important Cartoon is to me. I continued to tell myself throughout the show that there will always be another champi- onship, but there will never be another Cartoon. There are many talented horses out in the world, Cartoon probably not being in the top range of them, but that’s not what makes him so special. When I walk into the ring with Cartoon I stop somewhere and take a second to go over my course, then I whisper to him, ‘it’s just you and me now’ and then we go... With no other horse have I felt so strongly that it is really me and him; we are a partnership, an unbreakable bond. “It was still such an honour to be invited to com-


pete and a great experience to be able to be part of Team Canada.”


Seventeen acres, Stunning Circa 1800's Fieldstone home with stucco addition! Shows A+! Situated on a quiet side road this quaint lovely stone home is surrounded by lovely perennial gardens & beautiful mature trees. The original stone house was added to in 2005 to provide an extra 1200 sq.ft. of living space consist- ing of gorgeous state of the art kitchen with granite counters, pot lights, slate floors, beautiful cabinetry, large eating area opens to new main floor family room with fireplace. French doors out to side flagstone patio, gazebo & gardens. Two bedrooms & full bath & laundry complete the addition. Original home has wide pine floors, high ceilings, 1800's trims and baseboards, de- signer rich colours, curved stairwell to upper master bedroom with ensuite loft & fourth bedroom. Board & batten outbuilding 16x24' features four generous box stalls, water and hydro. Stor- age shed for hay measures 32 x 12. Fenced pastures (3) by Sys- tem fencing for horses. Pickett fence surrounds flower and vegetable garden. Outside area fenced for dog. Gazebo.. One of a kind property. In floor heat in addition with central air. Lot frontage: 528.95. New Air Handler Central air furnace for origi- nal home. Propane fireplace. Gorgeous property on pretty road near Lynden. $1,2750.00


“With that being said, yes the competition was “As everyone knows, this sport is an unavoidable


dry. Oversized 30 x 23'2 wide garage at- tached. Horse barn is two storey has six box stalls, tack room, wash rack, water and hydro. Stairs to upper loft for storage and hay mow. Three large paddocks all enclosed with board fence. One used as a riding ring..sand base. Quiet side road, no neighbours beside or across the road. The feel of a large acreage without


the work..


P E R F E C T ! ! $799,900. Just move right in and bring your horses!


Call Teri Davidson, Broker/Owner,


Associate Realty Brantford Inc. 519-647-3330


Great Starter 5.8 Hobby Farm or new house site. House has good bones nice sized bedrooms, living room and big country style kitchen but does need new cupboards or more cupboards and paint to complete. Main floor laundry/ Mudroom. full unfinished basement, but needs some updating and finishing. Good sized rooms, great location. Newer Barn is 16 x 32' . Block barn has hydro and water 15 x 24', newer big horse shelter. Quiet side road near Maple Ave outside Burford. Time for a move to country living! Great little hobby farm with fenced pasture, garden, trees. Room for horses, cattle, goats and chickens. $569,900


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