Title Insurance - What you need to know

3 min read

Title insurance is a policy that protects the buyer of a property from any financial losses that may arise from defects in the title to the property. These defects can include things like liens, easements, or even ownership disputes. If any of these issues come up after you buy the property, title insurance can help you cover the costs of resolving them.

Title insurance is not required by law, but it is highly recommended. It is a relatively inexpensive way to protect yourself from financial losses that could arise from title problems.

When you purchase title insurance, the title company will search the public records to make sure that there are no outstanding issues with the title to your property. If they find any problems, they will notify you and help you resolve them before you close on the deal.

Once you have closed on the property, title insurance will remain in effect as long as you own the property. If you ever sell the property, the title insurance will transfer to the new owner.

Title insurance is an important part of the home buying process. It can help protect you from financial losses that could arise from title problems. If you are buying a home, be sure to purchase title insurance.

Here are some of the benefits of purchasing title insurance:

  • It can protect you from financial losses that could arise from title problems.
  • It is a relatively inexpensive way to protect yourself.
  • It is required by most lenders.
  • It can give you peace of mind knowing that your property title is secure.
  • If you are thinking about buying a home, be sure to purchase title insurance. It is an important investment that can protect you from financial losses down the road.

Some additional information about title insurance:

  • Title insurance is not the same as homeowners insurance. Homeowners insurance protects your property from damage or loss, while title insurance protects your title to the property.
  • Title insurance is not a guarantee that there will be no problems with the title to your property. However, it does provide you with financial protection in case there are any problems.
  • Title insurance is usually paid for by the buyer of the property, but it can sometimes be paid for by the seller or the lender.
  • The cost of title insurance varies depending on the property and the title company. However, it is usually a relatively small amount compared to the purchase price of the property.

If you have any questions about title insurance, be sure to talk to contact us today!


Written by Michael Anderson

Hey I'm Michael.

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