Understanding Title Insurance
Why You Need Title Insurance When you purchase your home, it's important to make sure that there are no problems with the home's title, and that the seller really owns the property. Problems with the title can limit your use and enjoyment of the property, as well as bring financial loss. That is what a title search and title insurance are for. After your sales contract has been accepted, a title professional will search the public records to look for any problems with the home's title. This search typically involves a review of land records going back many years. More than 1/3 [...]