Most people who purchase a home purchase title insurance, which protects their property and finances in the event of unexpected occurrences, such as pre-existing liens or undisclosed heirs to the property, during the purchasing process. But what about newly built properties? Do I need owner’s title insurance for new construction? As it turns out, the […]
What Is A Title Company Responsible For?
Buying a home is a long, sometimes complicated process with plenty of opportunities for issues. While some of these can be easily avoided by carefully reviewing contracts and asking the right questions, there are some that new homebuyers may not even realize exist. A title company can help you avoid these issues. But exactly what […]
The Role of a Title Company in the Contract Preparation & Review Process
There are many aspects of the closing process that can be confusing for both the buyer and the seller. One of them is the contract preparation & review process. This aspect is particularly tricky because who is responsible (the buyer or the seller) for the contract can change depending on the circumstances of the sale. […]
What Does Title Insurance Cover?
Common insurance policies, such as health insurance and auto insurance, are designed to protect insureds against future damages and costs. Whereas title insurance policies are designed to protect insureds against previous damages and costs associated with the title of a property. When acquiring title insurance, a thorough title search of the property is conducted by […]
How Do I Know If The Title To My New Home Is Clean?
The only way to ensure that the title on your new house is clean is to have a title company run a title search. During this process, they will uncover any discrepancies with the title so that they are able to be resolved. Even then there is no guarantee that things that are not of […]