Learn More About Title Insurance

This type of insurance provides homebuyers and lenders with vital protection against losses from certain title issues, including forgery, fraud, and liens – problems that might limit a homeowner’s use and enjoyment of their property.   

 Every property has a history, and that history can affect your right to own and enjoy your home. A title search can help uncover — and remedy — title defects tied to your property. 

  "Escrow" is a term that describes the neutral third-party handling of funds, documents, and tasks specific to the closing/settlement, as outlined on the real estate purchase agreement or sales contract. The purpose of escrow is to facilitate the transaction by managing the disbursement of funds and documents. 

As a buyer of real estate property, you'll want to protect your investment — and the ownership rights that come with it. That's why it's wise to purchase an owner's policy of title insurance in conjunction with the loan policy your mortgage lender will require you to purchase. 

When you purchase title insurance, title professionals will conduct a public records search to identify and remedy, if possible, any issues or "clouds" that could affect your right to own or enjoy your property. A title search is a complex process...

 While you may have an idea of how traditional insurance models work, title insurance differs in how premiums are paid and how coverage is offered. When you purchase an owner's policy of title insurance, you'll only pay a single premium.