What is Title Insurance and do you need it?

Buying a home is an exciting and emotional time for many people. To help you buy your home with more confidence, make sure you get owner’s title insurance. 

There is nothing that provides quite the same joy, pride and sense of accomplishment as owning your own home. Even though your home may be new to you, every property has a history and there may be hidden issues in the chain of title that could affect your ownership rights to the property. An Owner’s Policy of Title Insurance provides you with peace of mind by removing the hidden risks of acquiring a piece of property whose legal history is unknown to you.

COMMON TITLE ISSUES:

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  • Errors in Public Records
  • Unknown Liens
  • Illegal Deeds
  • Missing heirs
  • Forgeries
  • Unknown Easements
  • Undiscovered Encumbrances
  • Boundary/Survey Disputes
  • Undiscovered Will
  • False Impersonation of Previous Owner

These and other issues are often covered by an Owner's Policy of Title Insurance. Additionally, the title insurance company will, at its own expense, defend the title and pay losses within the coverage of the policy if they occur.

 

BELOW ARE 2 RESOURCES TO HELP YOU UNDERSTAND TITLE INSURANCE: 

To learn more about title insurance, visit http://www.landtitleservices.net/

Phone: 414-259-5060  |  Fax: 414-259-5067
Email: info@landtitleservices.net

Information in this post is provided by Land Title Insurance, a trusted partner of Bruce's Team.