Among the many types of surety bonds, bonds for vehicles, construction, properties, and real estate are some of the most common. They are a feature that almost every person should look into at one point or another. You should understand the details, especially if you are applying for one soon. Read the information we from Houston Title Services in Houston, TX provide on this page.
Vehicle Bonds
Vehicle bonds are known by many names. You might hear your insurance agent call them a certificate of title bonds, lost title bonds, or even defective title bonds. It is a type of surety bond that guarantees damage if the individual claims ownership of the vehicle with a previously missing title. Snowmobiles, watercraft, and vehicle owners require bonds. Our bonds for vehicles, construction, properties, and real estate specialists will help you learn more about how to apply for one and what its coverage will be.
Construction Bonds
This is a type of surety bond used by investors. The bond protects against disruptions or financial loss due to failure to meet contract specifications or the contractor’s failure to complete the job. It is a bond that ensures any investment in the construction project is paid off no matter what happens. There are three types of bonds – bid, performance, and payment. Call now to learn more about each of the options.
Property Bonds
Property bonds or also known to people as property investment bonds are a means for developers to raise capital from investors in the form of a loan. The intention is to gather resources to fund the project during the earlier stages of development. To learn more about this type of service that our agency in Houston, TX can provide, call us now!
Dial (832) 346-2347 to speak with Houston Title Services about bonds for vehicles, construction, properties, and real estate. We will be happy to address your questions and help you make informed decisions.