A Guide to Title Insurance 


 

 
 
 
WHAT IT IS
 
 
WHY IT MATTERS HOW YOU BENEFIT
TITLE Title is your right to own or use your property. Title also establishes any limitation on those rights. No homebuyer wants to inherit existing debts or legal issues that could interfere with their property rights in the future. Title determines how you can use or modify your property.
TITLE PROFESSIONAL Title insurance professionals examine or research public records to see if there are any problems or defects that could cause you legal issues.  The title professionals ensures the title search is completed,writes the title insurance policy and works to reduce your risk of ownership issues in the future. Your title professional has your back. They sweat the small stuff so you don’t have to, giving you peace of mind.
TITLE SEARCH A title search is an early step in the home buying process to uncover issues that could limit your rights to the property. Typically, if  title issues are discovered your title professional works to take care of them without you even knowing. The title search protects you from unknowingly inheriting a previous owner’s debts, legal obligations or other title problems.
TITLE INSURANCE There are two different types of title insurance: the owner’s policy and the lender’s policy. The owner’s title insurance policy is the best way to protect your property rights.The lender’s policy is typically paid for by the buyer and the owner's policy is paid for by the seller. Sometimes undiscoverable defects can come up after the title search. Title issues may include forgery, fraud or clerical errors. Owner’s title insurance is the best way to protect your investment and your ownership of your property. Every year, homebuyers in America protect the largest investment of their lives by purchasing owner’s title insurance. Owner’s title insurance protects your interests after you purchase your home.
CLOSING Closing is the final step in executing the home buying transition. It is the process that allows the transfer of ownership to occur. Upon completion of the closing process, you get the keys to your home!
 
 
 

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