Title insurance is a way to ensure that a piece of real estate has a valid title and not subject to unforeseen liens or liabilities. Before title insurance, buyers had to ensure that the title held by the seller was valid and accurately presented. If there was an error in the title, the buyer risked [...]
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Why do I need title insurance?
Home buyers will often ask their Realtors why they need title insurance. Excluding investors whose business it is to purchase property more frequently, many people do not understand the value of title insurance, which ensures that the property being purchased is covered in case of defects in the title that are not detected during the [...]
What is title insurance?
Title insurance is assurance that the title on a property is clean. It is purchased by the buyer of a property prior to the closing. If the buyer is borrowing money for the purchase, the lender purchases title insurance for the mortgage amount. The buyer purchases title insurance directly from the insurance company if no [...]
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