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Today we want to talk to you a little about title insurance and explain what it is and how it works. We get questions from clients all the time about title insurance, wondering if they need it and if they should have to pay for it.
Before you decide whether to purchase title insurance, you should first meet with a closing attorney to have them explain, in detail, whether it's right for your particular situation. We purchase title insurance on every one of our personal properties - like other types of insurance, you'll probably never need it, but if you do, you will be glad to have it.
Basically, title insurance is the best form of ownership in a property, meaning that if any claims arise that would interfere with the title on your property, such as any ownership claims or property line claims, you would be covered.
If you have any further questions about title insurance, we suggest you talk to a closing attorney for the most accurate information. If you have any other questions, or would like us to get you in contact with a closing attorney, we would be glad to do so. Just give us a call or shoot us a quick email.
