Shah Ahmed

Water is our most precious resource on earth; every living organism is dependent on it for survival. Less than 30% of people around the world have access to safe drinking water. As the climate changes, we will likely see that access to clean and safe water will become more important than ever.

While access to clean water is not an issue for most Canadians, it makes sense to be more water conscious for the following reasons:

• Lower water and energy bills by reducing your metered usage.
• Enhanced drinking water quality by maintaining higher levels in our lakes.
• Less environmental impact by deferring the need to supply water from new sources and by reducing the energy and materials required to treat and deliver water.

We all can take immediate steps starting in our own households to more efficiently use water so there is enough to go around.

Be water conscious
Just like you think about saving energy by turning off your lights, switching off the power strip and charging your phone with your solar charger, you should be just as conscious about conserving water. Turn off the water while brushing your teeth or shaving, use less water when hand washing dishes, don't use hot water to defrost food, and take shorter showers. We all know these things and mean to do them, but sometimes we forget. Program these simple changes into your daily routine and be conscious about water use.

Fix leaks
A dripping tap sends your money down the drain. If your tap is leaking one drop per second, you are wasting over 9,460 litres of water per year. You can fix this problem by replacing a simple washer. Even if you have to change the entire tap, it'll cost less than what you're wasting. Also, check your toilet, it might be leaking too even if you don't hear it. You can check for a leak in your toilet by adding a few drops of food colouring to the tank. If within half an hour the coloured water has disappeared from the bowl, you'll know you've got a leak.

Use low water flow fixtures
Low flow showerheads and faucet aerators save up to half of water used without compromising your shower quality and washing experience. Also, take the opportunity to install a low-flow toilet and save even more money! Since 30% of the water consumption in your home is from toilet use; the older the toilet, the greater the use. Old toilets use at least 16-20 litres per flush. However, more recent models use about six litres or, if you install an ultra low-flow head, your toilet will use as little as three litres of water per flush-a big difference for huge savings!

Wash full loads
Use your appliances efficiently by washing only full loads of dishes or clothes. Wait the extra meal to have enough dishes or another day until you have enough clothes to make running that appliance worth it. While some appliances have settings for smaller loads, most do not, and use just as much water to wash a few things as it does to wash a full load.

Replace old appliances
Energy Star rated appliances save you energy, water, and money! Energy Star rated washers use half the water and energy per load of older models. If you're looking for a new washing machine, frontload washing systems have a much larger capacity and save a lot of water and energy. Also, take the time to look at investing in a dishwasher. This might surprise many but washing your dishes by hand in your sink uses more water than running an Energy Star rated dishwasher. Hand washing your dishes twice daily uses about 70 litres of water while a dishwasher, filled to the maximum, uses only 30 litres.

Saving water saves you money
From leaky taps and running toilets to watering your lawn, there are many things around your house that drain your money if you are not aware of them. You can be green and save water and money by following the above steps-use less and you'll save more!

Title Insurance gives homeowners protection should someone else claim a legal interest in their property. It also protects homeowners against loss resulting from pre-existing municipal work orders, survey issues, certificate of location defects, unpaid taxes by previous owners and a number of other covered title risks such as Title Fraud.

What is Title Insurance?
When you purchase a home you're actually paying for title to the land: you acquire the right to occupy and use the space. Part of the price paid will be for the improvement, or the actual home, but the major cost of most property is the land itself. You obtain title to property when the owner signs the deed (transfer document) over to you. Title is then registered in the government's land registration system.

Prior to closing, public records are "searched" to determine the previous ownership of the property, as well as prior dealings related to it. The search might reveal, for example, existing mortgages, liens for outstanding taxes, utility charges, etc., registered against the property. At closing, the buyer expects the property to be free of such claims, so normally they must be cleared up before closing. For example, the seller's mortgage will be discharged and outstanding monetary expenses (such as taxes and utility charges) will be paid for (or adjusted for) at closing.

If the title is restricted by rights and claims of others; this could in turn limit your use and enjoyment of the property and even bring financial loss. However, such issues may not be discovered or remedied before closing. Title insurance will protect you against these situations.

Do I need Title Insurance?
Title insurance is not a requirement in some provinces. To fully understand what type of protection title insurance can provide you, talk to your lawyer, title insurance company or insurance agent/broker to determine whether or not you should purchase title insurance or if other options exist. Once you get all the facts, you can make an informed decision based on your specific situation and needs.

Who is protected with Title Insurance?
Title insurance policies can be issued in favour of a purchaser (on new/resale homes, condos and vacation properties), a lender, or both the purchaser and lender. Lenders will sometimes require title insurance as a condition of making the loan. Title insurance protects purchasers and/or lenders against loss or damage sustained if a claim that is covered under the terms of the policy is made.

What does Title Insurance cover?
For a one-time fee, called a premium, a title insurance policy may provide protection from losses, such as:

• Unknown title defects (title issues that prevent you from having clear ownership of the property);
• Existing liens against the property's title (e.g., the previous owner had unpaid debts from utilities, mortgages, property taxes or condominium charges secured against the property);
• Encroachment issues (e.g., a structure on your property needs to be removed because it is on your neighbour's property);
• Title fraud;
• Errors in surveys and public records; and other title-related issues that can affect your ability to sell, mortgage,
  or lease your property in the future;
• Your title insurance policy will protect you as long as you own your property, and will cover losses up to the maximum coverage set out in the policy. It may also cover most legal expenses related to restoring your property's title.

For a risk to be covered, generally it has to have existed as of the date of the policy. As with any type of insurance policy, certain types of risks might not be covered, for example, native land claims and environmental hazards are normally excluded. Be sure to discuss with your lawyer what risks are covered and what are excluded.

How long is the insurance coverage?
Residential title insurance coverage lasts as long as you own the property. Most residential title insurance policies extend coverage to your heirs through a will, to a spouse in the event of a divorce, or to children when the property is transferred from parents to children for nominal consideration.

In the case of title insurance covering a lender, the policy remains in effect as long as the mortgage remains on title. A lender covered under a title insurance policy is insured in the event the lender realizes on its security and suffers actual loss or damage with respect to a risk covered under the policy. Lenders are usually covered up to the principal amount of the mortgage.

The premium for title insurance is paid once (at the time of purchase). Generally speaking, in Canada the purchaser of the property pays for the title insurance, though there can be situations where the seller pays for it. Some policies automatically cover both the purchaser and lender; others will cover both for a small additional fee.

Protection and peace of mind
Title insurance can help ensure that a closing is not delayed due to defects in title. And, if an issue relating to title arises with respect to a risk covered under the policy, the title insurance covers the legal fees and expenses associated with defending the insured's title and pays in the event of loss. It is important to keep in mind that title insurance does not replace legal advice when purchasing property.

If your home is important to you, don't overlook this important piece of insurance.

Call with confidence and the most trusted name in

Saskstoon Real Estate. RE/MAX Saskatoon Agent

This Blog is re-posted by Shah Ahmed for the informtion to all.