1. Title Insurance protects your ownership
rights to your home, either from fraudulent claims against
your ownership or from mistakes made in an earlier transaction,
such as a mistake in the spelling of a person's name or
an inaccurate description of the property.
2. It's a one-time cost usually based on
the price of the property.
3. It's usually paid for by the sellers.
4. There are both lender title policies,
which protect the lender, and owner title policies, which
protect you. The lender will probably require a lender policy.
5. A reissue credit is available on your
prior premium if the home has been purchased within 3 years.
Ask us if a reissue credit is available.
