Title Insurance
Depend on the strength and security of title insurance to help protect your investment for years to come
What is Title Insurance?
When a property is bought or sold, a record of that transaction is filed, publicly. In addition, other records that could affect ownership of the property could also be filed, such as liens.
Purchasing Title insurance is important for both the property owner and the lender. Upon purchasing a property, a title company searches public records to find (and correct, if possible) any type of ownership issues. Once public records have been searched, an underwriter will determine the insurability of the title. Some risks associated with properties are harder to identify, such as an undisclosed heir, filing errors, or forgeries. Because of that, once the title company has finished it’s research, it provides a title insurance policy that will protect you from any undisclosed issues in the future.
When you take out a mortgage loan to purchase your property, your lender will likely require title insurance to protect the lender’s interest in your property until your loan is satisfied or refinanced.
You may also purchase an owner’s policy of title insurance. This insures your rights of ownership of the property for as long as you own said property.
What is Title Insurance?
List of Services
-
1) It Protects Your Largest InvestmentList Item 1
It Protects Your Largest Investment: A home is probably the single largest investment you will make in your life. You insure everything else that is valuable to you — life insurance, car insurance, pet insurance, etc. So why not your largest investment?
-
2) It Reduces Your RiskList Item 2
If you are buying a home, there are many hidden issues that may pop up only after you purchase your home. Getting an owner’s title insurance policy is the best way to protect yourself from unforeseen legal and financial title discrepancies. Don’t think it will happen to you? Think again.
-
3) You Can’t Beat the ValueList Item 3
Owner’s title insurance is a one-time fee that is very low relative to the value it provides.
-
4) It Covers You ForeverList Item 4
Coverage will protect you and your heirs through the entire ownership of your home. It even protects your interest long after you have sold.
-
5) Nothing Compares
Homeowner’s insurance and warranties only protect the structure and belongings of your home. Getting owner’s title insurance ensures your family’s property rights stay protected.
-
6) Peace of Mind
If you are buying a home, owner’s title insurance lets you know that you’re protected from inheriting any existing debts or legal problems once you have closed.