If you are wondering if it makes sense to buy owner’s title insurance for your new home construction, you may want to read on. The cost of owner’s title insurance is very small compared to the costs you could incur if someone else asserts an interest in your property. Reasons Why Buyers Need Title Insurance […]
Title Insurance
How Long Does Owner’s Title Insurance Last?
Title insurance is important to property owners. In fact, most lenders will require the buyer to get a title insurance policy on the property to protect the lender as a condition of the mortgage loan on it. How long the title insurance lasts will depend on the type of title insurance policy you buy. Why […]
How Often Do You Pay for Title Insurance?
Title insurance is one of the costs that buyers will incur when buying a home with or without a mortgage loan. Mortgage lenders require buyers to get lender title insurance as a condition to making the loan. Lender title insurance protects the lender if any title problem arises post-closing that jeopardizes the lender’s ability to […]
What Does Lender’s Title Insurance Cover
There are several different types of insurance that are important to buy after purchasing a new home, one of which is title insurance. This type of insurance shields both property buyers and lenders against financial losses tied to “defects” or issues with a home’s title, which is a document that functions as proof of legal […]
Can I Buy Owner’s Title Insurance After Closing?
If you’re a homeowner, you likely know about the importance of title insurance — which shields both the buyer and lender in a real estate transaction — and the many benefits it offers. However, you may not know when in the transfer of ownership process you’re allowed to purchase an owner’s title insurance policy. Here […]