About Title Insurance

Owning real estate is one of the most precious values of freedom in this country. You want the assurance that the property you are buying will be yours. Other than
your mortgage holder, no one else should have any claims or restrictions against our home.

Title insurance is issued after a careful examination of the public records. But even the most thorough search cannot absolutely assure that no title faults are present,
despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be
disclosed in a search. Title insurance eliminates any risks and losses caused by faults in title from an event that occurred before you owned the property.

Title insurance is different from other types of insurance in that it protects you, the insured, from a loss that may occur from matters or faults from the past. Other
types of insurance such as auto, life, or health cover you against losses that may occur in the future. Title insurance does not protect against any future faults, but does
protect you from risks or undiscovered interests. Another difference is that you pay a one-time premium for a policy that remains effective until the property is sold to
a new owner - even if that doesn't occur for decades.

What is a Lender's Policy?
A Lender's policy, also known as a loan policy or a mortgage policy, protects the lender against loss due to unknown title defects. It also protects the lender's interest
from certain matters, which may exist, but may not be known at the time of the sale. This policy only protects the lender's interest. It does not protect the purchaser.
That is why a real estate purchaser needs an owner's policy.

What is an owner's policy?
An owner's policy protects you, the purchaser, against a loss that may occur from a fault in the ownership or interest you have in the property. You should protect the
equity in your new home with a title policy.

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What is Title Insurance

Why owners title insurance is so important