NEW TITLE GUARANTEE ASSISTS Realtors® IN ENSURING THAT HOME SALES CLOSE SMOOTHLY

WELLESLEY HILLS, MA – November 2, 2006 – National Homestead, the pioneer in consumer-oriented title solutions, offering the first-of-its-kind title guarantee to homeowners in the United States, partners with real estate professionals to keep home sales from falling through due to title defects.

Today, more sales are being postponed—even cancelled—because previously unknown title defects are moving in like storm clouds at the worst possible moment: right before the closing. The American Land Title Association estimates that title problems were found in 36 percent of all residential real estate transactions in 2005, up from 25 percent in 2000.

“Just as Realtors® always advise a buyer to have a professional home inspection before purchasing a property, they should advise sellers to have their title inspected before putting their home up for sale.” said Howard S. Gold, president and founder of National Homestead, Inc.

By having titles inspected and cleared up front, Realtors® can show potential buyers a document reassuring them that the seller has clear title, thus reducing the odds of a delay in closing.

“I’ve seen many of my clients lose thousands and tens of thousands of dollars because, at the last minute, a title defect was uncovered — thus causing a home sale to fall through,” said Gold. “National Homestead offers peace of mind to homeowners looking to protect their most valuable assets — their homes.”

To provide this peace of mind, National Homestead will undertake a clean sweep of a homeowner’s property records and ensure — through a written guarantee — that there are no undischarged liens, incidents of fraud or any other property title defects. If a title defect is found, National Homestead will “sweep it clean” by obtaining and recording all documents necessary with the County Recorder or Registry. Clearing the defects can take about a month, so Realtors® should recommend that their sellers order their “Ready to Close” Title Guarantee at the time their home goes on the market.

Homeowners or Realtors® can sign up for the National Homestead “Ready to Close” Title Guarantee for $295 by visiting nationalhomestead.com .

Contact: Howard S. Gold, Esquire
President, National Homestead, Inc.
Tel: 781-577-1549
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www.nationalhomestead.com
Tel: 781-577-1549 Fax: 781-898-3424, 57 River Street, Wellesley Hills, MA 02481