Title Insurance

When purchasing a property, title insurance may be required by your lender before they are willing to extend financing. Whether or not you are required to obtain a title insurance policy, it provides significant benefit and protection, ensuring your largest asset is protected against claims. 

Title Insurance protects you against the possible defects in title and potential legal challenges to your ownership. We search all records to determine if there are liens, judgments or defects found. We solve those issues and provide insurance coverage. This is one of your best forms of protection! Would you drive your car without insurance? Probably not! The largest purchase if your life should also carry the same, and better, protection. 

The type of defect title insurance provides coverage for:

·        Forgery

·        Liens and judgments against the property

·        Fraud in connection with execution of documents

·        False impersonation by those purporting to be owners of           property

·        Wills not properly probated

·        Inadequate surveys

·        Unsatisfied claims not shown on record

·        Inaccurately executed and/or recorded deeds

There are two general types of title insurance. One is a lender’s policy, issued in the amount of the loan which protect the lender for the loan amount. The other type of title insurance is an owner’s policy that provides coverage up to the purchase price of the property.