Title Insurance: Stopping Homeowner Heartache
What is Title Insurance?
Title insurance protects real estate owners, banks, and stakeholders by insuring against risks to property title. When you buy property, you want to own it without someone suing you- claiming they are the actual owners, or have lien on the land.
How Does it Protect Me?
Title insurance can protect you against people who try to sue you, claiming they own the land, or have a lien on your property. Without it, a property owner can lose thousands of dollars, a downpayment, and mortgage payments.
Are You a First-Time Homebuyer?
If you are a first-time home buyer, the process is complex enough. It is important to think about title insurance in advance. Working with an attorney to select the right policy can save you thousands of dollars and headaches down the line.